Editor's Picks Supreme Court Ends OxyContin Settlement, Cracking Sackler Shield June 28, 2024 By Jonathan Randles and Greg Stohr The US Supreme Court tossed Purdue Pharma LP’s $6 billion opioid settlement, nixing a deal that would have funded opioid... Read More
Big Banks to Pay $46 Million to Settle Swaps Collusion Case June 28, 2024 By Sabrina Willmer Ten major US and European banks, including Goldman Sachs Group Inc., JPMorgan Chase & Co. and BNP Paribas SA, plan... Read More
Editor's Picks The Problem(s) With Hail Claims – Part 2 June 28, 2024 By Bill Wilson Read the first part in this series, The Problem(s) With Hail Claims, Part 1: A Cautionary Tale for Insureds and... Read More
ATI Names Frank Chief Program Officer June 28, 2024 ATI Restoration named Adrian Frank the chief program officer. Frank will be responsible for aligning the operations of all ATI... Read More
Editor's Picks Insurers Seek Subrogation Against Norfolk Southern Over Ohio Train Derailment June 28, 2024 By Ezra Amacher Four insurance companies filed a subrogation lawsuit against Norfolk Southern in federal court last week, alleging the rail carrier’s negligence... Read More
‘Great Resignation’ Enters Third Year as Workers Embrace AI, Upskilling June 27, 2024 By Divya Chowdhury The proportion of workers who expect to switch employers in the next 12 months is higher than that from the... Read More
Volkswagen Recalling 307K Vehicles Over Air Bag Sensor Wiring June 27, 2024 By David Shepardson, Shivansh Tiwary and Kanjyik Ghosh Volkswagen said on Wednesday it was recalling over 307,000 vehicles in North America due to a potential wiring fault that... Read More
Crypto Firm Abra Reaches $82M Settlement for Operating Without Licenses June 27, 2024 By Hannah Lang Financial regulators in 25 U.S. states announced on Wednesday a settlement with cryptocurrency investment platform Abra and its CEO for... Read More
Connecticut Firefighters Sue Dupont, 3M, Honeywell Over Allegedly Contaminated Gear June 27, 2024 By Jonathan Stempel DuPont, 3M, Honeywell and 16 other defendants were sued on Tuesday by Connecticut firefighters who said their protective gear was... Read More
Report: 1K-Plus Properties Damaged, Destroyed in New Mexico Wildfires Could Cost $370M June 27, 2024 More than 1,000 residential properties in New Mexico may have been damaged or destroyed by wildfires in New Mexico, according... Read More