Editor's Picks Texas Health System Loses COVID-19 Business Interruption Suit – 5th Circuit July 1, 2024 By Ezra Amacher A Texas nonprofit health system who purchased a specialized commercial property insurance policy is not covered for business interruption losses... Read More
Citi Seeks Dismissal of Ex-Compliance Worker’s Retaliation Suit July 1, 2024 By Sabrina Willmer Citigroup Inc. asked a court to dismiss a lawsuit by a former senior data compliance official who accused it of... Read More
Allstate, Nationwide Post Dramatic First Quarter Homeowners Loss Ratio Drops July 1, 2024 In the topsy-turvy world of homeowners insurance, first-quarter loss ratios have been bouncing around for the last five years—from below... Read More
NHTSA Opens Recall Query into More Than 120,000 Honda Vehicles June 28, 2024 By Kannaki Deka The U.S. auto safety regulator said on Friday it has opened a recall query into over 120,000 Honda 7267.T Ridgeline... Read More
Editor's Picks As Rates Rise, Majority of Homeowners Say Insurance Industry Is in Crisis, Survey Shows June 28, 2024 By Jahna Jacobson Homeowners are cutting back on dining out, travel, groceries and even medication to afford their soaring property insurance premiums. One... Read More
NFL Hit With $4.7 Billion Damages in Sunday Ticket Trial June 28, 2024 By Ali Juell, Rachel Graf and Maia Spoto The National Football League was hit with about $4.7 billion in damages — which stands to be tripled to $14... Read More
Editor's Picks Supreme Court Ends OxyContin Settlement, Cracking Sackler Shield June 28, 2024 By Jonathan Randles and Greg Stohr The US Supreme Court tossed Purdue Pharma LP’s $6 billion opioid settlement, nixing a deal that would have funded opioid... Read More
Big Banks to Pay $46 Million to Settle Swaps Collusion Case June 28, 2024 By Sabrina Willmer Ten major US and European banks, including Goldman Sachs Group Inc., JPMorgan Chase & Co. and BNP Paribas SA, plan... Read More
Editor's Picks The Problem(s) With Hail Claims – Part 2 June 28, 2024 By Bill Wilson Read the first part in this series, The Problem(s) With Hail Claims, Part 1: A Cautionary Tale for Insureds and... Read More
ATI Names Frank Chief Program Officer June 28, 2024 ATI Restoration named Adrian Frank the chief program officer. Frank will be responsible for aligning the operations of all ATI... Read More