Insurers Report Record Claims for Weather-Related Damage in UK February 11, 2025 Insurers paid out a record £585 million (U.S. $724.7 million) for weather-related damage to people’s homes and possessions in 2024... Read More
Editor's Picks Travelers Expecting $1.7 Billion in Catastrophe Losses From LA Wildfires February 11, 2025 Another major California insurer is reporting losses in excess of $1 billion from the Los Angeles area wildfires. The Travelers... Read More
UBS Whistleblower Verdict Tossed Despite US Supreme Court Win February 11, 2025 By Jonathan Stempel A former UBS bond strategist who persuaded the U.S. Supreme Court to make it easier for corporate whistleblowers to win... Read More
Microsoft Hit by French Antitrust Probe Over Rivals’ Bing Access February 11, 2025 By Samuel Stolton Microsoft Corp. is under investigation from the French antitrust authority amid concerns the U.S. tech giant is degrading the quality... Read More
What’s Tying Up $4B Settlement for Hawaii Wildfire Victims February 11, 2025 By Jennifer Sinco Kelleher Hawaii’s Supreme Court heard arguments last week over insurance issues that are tying up a potential $4 billion settlement over... Read More
Allianz Commercial Promotes Lee to Head of Claims in Canada February 11, 2025 Allianz Commercial promoted Sandra Lee to head of claims, Canada. Lee succeeds Bernard McNulty, who remains chief agent of Allianz... Read More
Amazon Paying $4M to Settle Lawsuit Alleging It Took Tips From Drivers February 11, 2025 Amazon has agreed to pay nearly $4 million to settle charges that the e-commerce company subsidized its labor costs by... Read More
Lyft to Launch Mobileye Robotaxis in Dallas as Soon as 2026 February 10, 2025 By Natalie Lung Lyft Inc. will launch driverless rides with technology vendor and Intel Corp. spinoff Mobileye Global Inc. in Dallas as soon... Read More
SEC Says Game Service Roblox Part of ‘Active Investigation’ February 10, 2025 By Cecilia D'Anastasio Roblox Corp., the video-game service used by millions of young people, is part of an active investigation by the U.S.... Read More
Survey Shows More People Aware of Flood Risk Thanks to Hurricane Season February 10, 2025 More people are aware of flood risk on the heels of a historic Atlantic hurricane season, a new survey shows.... Read More