Munich Re Faces $1.3 Billion in Claims From Los Angeles Wildfires February 26, 2025 Germany’s Munich Re expects about 1.2 billion euros ($1.26 billion) in claims resulting from the Los Angeles wildfires, it said... Read More
Editor's Picks Florida Wants More Claims Data, Warns Insurers About Concurrent Causation Denials February 26, 2025 As consumer complaints have apparently mounted over unpaid hurricane losses, Florida’s top insurance regulator and some lawmakers are signaling new... Read More
Meta Must Face Lawsuit Claiming It Prefers Cheaper Foreign Workers February 26, 2025 A federal judge on Tuesday said Meta Platforms must face a lawsuit claiming that the Facebook and Instagram parent prefers... Read More
Survey Shows Declining Consumer Confidence in AI for P/C Insurance February 26, 2025 The number of Americans that think it’s a good idea for property/casualty insurers to leverage artificial intelligence is headed down,... Read More
1MDB Drops $248 Million Against ‘Wolf of Wall Street’ Producer February 26, 2025 Malaysia’s 1MDB has dropped a years-long lawsuit against Riza Aziz, one of the producers of hit movie The Wolf of... Read More
Smartwatches Measuring Mortality Risks Are New Tool for Insurers February 26, 2025 Smartwatches and other wearable technologies have the potential to change the pricing of life insurance policies by offering better data... Read More
US FDA, CDC Investigating Multi-State Listeria Outbreak February 25, 2025 The U.S. Food and Drug Administration and the Centers for Disease Control and Prevention said on Monday the agencies were... Read More
OKX to Pay $500 Million After Guilty Plea for Crypto Crime February 25, 2025 The OKX cryptocurrency exchange, one of the world’s largest, pleaded guilty on Monday to processing more than $1 trillion in... Read More
J&J Sues Samsung Bioepis Over Contract Breach for Stelara Biosimilar February 25, 2025 Johnson & Johnson said on Monday it had filed a lawsuit against Samsung Bioepis for breaching its contract agreement with... Read More
DoorDash to Pay $16.8 Million in Back Pay to New York Couriers February 25, 2025 DoorDash Inc., the biggest food-delivery firm in the U.S. by market share, agreed to pay New York couriers $16.8 million... Read More