FEMA Ready for Extreme Hurricanes and Wildfires, But Money is a Concern The head of the Homeland Security Department said that the agency tasked with responding to disasters across the country is... Read More
Prosecutors Recommend DOJ Criminally Charge Boeing as Deadline Looms U.S. prosecutors are recommending to senior Justice Department officials that criminal charges be brought against Boeing after finding the planemaker... Read More
Ripple Effect From CDK Hack Widens as More U.S. Auto Dealers Flag Hit More U.S. auto dealers flagged a hit from an outage of CDK’s software system due to a cyber attack on... Read More
Under Armour to Pay $434M to Settle Lawsuit Over Sales Disclosures Under Armour on Friday said it has agreed to pay $434 million to settle a 2017 class action lawsuit accusing... Read More
Editor's Picks Wildfire Threats Make Utilities Uninsurable in U.S. West Trinity Public Utilities District’s power lines snake through the lower reaches of the Cascade Range, a rugged, remote and densely... Read More
JPMorgan, Ex-Trader Agree to Settle Wrongful Firing Lawsuit A former JPMorgan Chase & Co. precious metals trader said he’s reached a tentative settlement with the bank over a... Read More
A Good Year May Not Be a Good Thing in D&O Liability Market, Says AM Best The U.S. directors and officer segment in 2023 recorded a direct loss ratio of 50.8—the best result in nearly a... Read More
GM’s Self-Driving Cruise Unit To Pay $112K for Delaying Crash Report A California regulator said it is imposing the maximum penalty of $112,500 on General Motors’ self-driving Cruise unit for the... Read More
Editor's Picks Let Good Adjusters, Not Expensive Lawyers, Make the Difference on Claims, CEO Says Harish Kapur, CEO of Across America Insurance Services, likes to tell the story of how his company’s chief defense lawyer... Read More
Exclusion Does Not Exclude Coverage for Condo in Nashville Christmas Bombing The insurance fallout from the Christmas Day 2020 bombing in downtown Nashville continues, with a federal court deciding this week... Read More