Editor's Picks GEICO to Pay $6 Million to Settle Auto Adjusters’ Claims of Unpaid Overtime Hours Insurer GEICO has agreed to pay $6 million to settle claims by auto damage claims adjusters who allege the insurer... Read More
Report: Insured Losses from Beryl in Jamaica and Caymans $400M-$700M; Mexico’s Yucatan Less Than $1B Insurable losses from Hurricane Beryl across Jamaica and the Cayman Islands will be between $400 million and $700 million, while... Read More
Editor's Picks Crypto Hacking Thefts Double to $1.4B in First Half of 2024, Researchers Say The amount of cryptocurrency stolen in hacks globally more than doubled in the first six months of 2024 from a... Read More
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