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
Editor's Picks Jury Awards $68.5M to Family of Worker Who Fell to Death at Philly Construction Site A Philadelphia jury has awarded $68.5 million in damages to the widow and son of a 38-year-old construction worker who... Read More
Gallagher Bassett Acquires NetClaim from NAVEX Gallagher Bassett acquired NetClaim from NAVEX. NetClaim provides first notice of loss and first report of injury services for risk... Read More