Malaysia Enters Mediation With Baer on $112 Million 1MDB Suit Malaysia said it’s entered mediation talks with Julius Baer Group Ltd. in a bid to settle a $112 million lawsuit... Read More
Editor's Picks Starbucks Must Face Shareholder Lawsuit Over Surprise Sales Decline Starbucks must face a lawsuit claiming it defrauded shareholders by concealing declining sales in the United States and China, its... Read More
Transportation Secretary Unveils Design for Female Crash Test Dummy U.S. Transportation Secretary Sean P. Duffy unveiled the design details for what he says is a first-of-its-kind advanced female crash... Read More
Waymo Continues to Broaden US Robotaxi Footprint Alphabet’s Waymo will expand its robotaxi operations to Minneapolis, Tampa and New Orleans in the coming days, the ride-hailing service... Read More
Editor's Picks GEICO Can’t Slip Out of Lawsuit That Says it Owes $70M in Taxes and Penalties GEICO insurance companies can’t dismiss a South Carolina lawsuit that demands they pay almost $70 million in back taxes and... Read More
Buffett Utility Reaches Oregon Wildfire Settlement With Nearly 1,500 Victims Berkshire Hathaway Inc.’s PacifiCorp said it has reached a $150 million settlement with 1,434 plaintiffs associated with the 2020 Labor... Read More
AI & Technology Warner, Udio Settle Copyright Case, Plan New AI Song Creation Platform Warner Music Group has settled a copyright infringement case with artificial intelligence company Udio and will jointly launch a new... Read More
Editor's Picks Survey Points to ‘Clear Soft Market Conditions’ for Commercial P/C Lines in Q3 According to The Council of Insurance Agents & Brokers quarterly survey, commercial property/casualty premiums across all account sizes in the... Read More
Tulsa to Allow Fire Department to Bill Insurers for Car Accident Responses The Tulsa City Council last week approved an ordinance allowing the city’s fire department to charge insurance companies for responses... Read More
Editor's Picks A Claims Professional’s View From the Ground in Melissa’s Aftermath For one claims professional who is working in Jamaica, it is clear that the scale of the damage left in... Read More