Editor's Picks Progressive to Pay $48M to New York Drivers Over Underpaid Total Loss Claims Progressive Insurance has agreed to a $48 million settlement with a class of 93,000 New York policyholders who claim the... Read More
GM to Pay $145.8 Million Penalty After U.S. Finds Excess Emissions General Motors will pay a $145.8 million penalty and forfeit credits worth hundreds of millions of dollars after a U.S.... Read More
Discover Agrees to Settle Class-Action Suit for Overcharging Merchants Discover Financial Services, the credit-card firm that agreed to be acquired by Capital One Financial Corp., said it reached an... Read More
Walmart Must Face Lawsuit Over Deceptive Pricing in Stores Walmart must face a lawsuit claiming it often charges higher prices at the register than it posts on store shelves,... Read More
Investing in Climate Resilience Really Pays off, Study Shows Weather-related catastrophes are increasing in frequency and intensity, and billion-dollar disasters are becoming the norm. The U.S. averages about 10... Read More
FTC Ban on Worker Noncompete Agreements Delayed by Judge A federal judge delayed implementation of the US Federal Trade Commission’s near-total ban on noncompete agreements, the first salvo in... Read More
Editor's Picks State Farm Seeking Large Rate Increases in Wildfire-Prone California State Farm has applied for large rate increases in California, a year after the carrier got rate approvals of 7%... Read More
Editor's Picks U.S. P/C Underwriting Results: Two Years in a Row Over $20 Billion in the Red For the second year in a row, the U.S. property/casualty industry booked an underwriting loss of more than $20 billion... Read More
Hurricane Beryl Roars Toward Jamaica on Destructive Path Hurricane Beryl churned toward Jamaica with violent winds, heavy rains and a life-threatening storm surge that could cause more than... Read More
NHTSA Closes Recall Query Into About 420,000 Volkswagen Vehicles The U.S. auto safety regulator on Wednesday closed a recall query covering 420,072 Volkswagen vehicles after the automaker acted to... Read More