News Meta Sues Former Employee Over Alleged Stolen Documents Meta Platforms Inc. sued one of its former vice presidents for what it called a “stunning” betrayal in his defection... Read More
News Nord Stream Sues Insurers in London Over 2022 Pipeline Blasts Nord Stream is seeking more than 400 million euros ($436 million) from its insurers over explosions in 2022 which ruptured... Read More
Editor's Picks News Twice as Many Personal Lines Insurers Downgraded by AM Best in 2023 AM Best delivered 39 downward credit rating actions to U.S. personal lines insurers in 2023, more than twice the number... Read More
News Nvidia Is Sued by Authors Over AI Use of Copyrighted Works Nvidia, whose chips power artificial intelligence, has been sued by three authors who said it used their copyrighted books without... Read More
News FEMA Expands Reinsurance Program by Transferring $575M in Flood Risk to Capital Markets The Federal Emergency Management Agency in an effort to engage reinsurance markets to bolster the financial framework of the National... Read More
Editor's Picks News Fifth Circuit Holding Addresses Scope of BI Coverage Under Cyber Policy The Fifth Circuit added to the emerging body of case law addressing the recovery of business income losses in the... Read More
News Report: U.S. Consumers Continue to Shop and Switch Auto Insurance at Higher Rates, Dragging on Retention Rates Continued rate increases, along with improved combined ratios, and now opens a window for insurers to capitalize on continued shopping... Read More
Editor's Picks News Xcel Texas Wildfire Legal Reckoning to Take Years to Play Out Xcel Energy Inc. will likely be wrangling for years with the legal fallout from the wildfires burning through the Texas... Read More
News Chemical Linked to Cancer Found in Acne Creams Including Proactiv, Clearasil Hand sanitizers were tainted by benzene. Sunscreens and dry shampoos too. Now acne treatments are joining the list of widely... Read More
News Justice Department to Offer More Rewards to Corporate Whistleblowers The U.S. Justice Department is expanding its whistleblower program to coax more tipsters to disclose corporate misconduct by offering monetary... Read More