FEMA Ready for Extreme Hurricanes and Wildfires, But Money is a Concern June 25, 2024 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 June 24, 2024 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 June 24, 2024 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 June 24, 2024 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 June 24, 2024 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 June 24, 2024 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 June 24, 2024 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 June 24, 2024 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 June 24, 2024 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 June 21, 2024 The insurance fallout from the Christmas Day 2020 bombing in downtown Nashville continues, with a federal court deciding this week... Read More