News Agency Puts Onus on Amazon for Sale of Hazardous Third-Party Products Amazon.com is responsible for hazardous products sold by third-party sellers on its platform under the federal safety law and bears... Read More
Editor's Picks News Wildfire in California Now State’s Fifth Largest on Record, Destroyed 277 Structures The Park Fire near Chico, California, at 609 square miles is now the fifth largest wildfire in history, destroying 277... Read More
News Moody’s Eyes Downstream Impact of CrowdStrike Disruption on Cyber Insurance Most losses from the CrowdStrike outage will be business interruption, a primary contributor to losses from cyber incidents—and because the... Read More
Editor's Picks News AM Best: Migration to Cat-Prone States Fueled Record HO Underwriting Losses in 2023 The U.S. homeowners insurance segment suffered a $15.2 billion underwriting loss in 2023, more than double the loss seen in... Read More
News Wells Fargo Sued Over Drug Costs in Employee Health Plan Wells Fargo & Co. was accused of overpaying for prescription drugs by former employees, who claim mismanagement of the bank’s... Read More
Editor's Picks News Meta to Pay $1.4B to Settle Texas Facial Recognition Data Lawsuit Meta Platforms has agreed to pay $1.4 billion to Texas to resolve the state’s lawsuit accusing the Facebook parent of... Read More
Editor's Picks News AccuWeather: Tropical Threat Developing in Atlantic Could be Next Named Storm Debby could be the next name most frequently out of the mouths of hurricane watchers and emergency responders. Meteorologists tracking... Read More
News California Wildfire Has Burned 599 Square Miles, Destroyed 165 Structures Containment has increased on a fire that exploded in size and in a few days became California’s sixth largest wildfire,... Read More
News Nationwide Plans 5% Reduction in Employee Headcount Insurer Nationwide said it is reducing its headcount by about 5% over the next year. “We can’t speculate on the... Read More
News Charter to Pay $15 Million to Resolve Probe into Network Outage Rules Charter Communications will pay a $15 million civil penalty to resolve an investigation into compliance with network and 911 outage... Read More