Uber Pays Australian Taxi Drivers $178 Million in Settlement March 18, 2024 By Angus Whitley Uber agreed to pay A$271.8 million ($178 million) to compensate thousands of taxi drivers in Australia who claimed they lost...
Reckitt Unit Hit With $60 Million Verdict in Enfamil Baby Formula Case March 18, 2024 By Brendan Pierson An Illinois jury has ordered Reckitt Benckiser unit Mead Johnson to pay $60 million to the mother of a premature...
Florida Jury Awards $32M Against Florida Clinic. Did ‘Changing Stories’ Play Role? March 18, 2024 A Broward County jury has decided that the Cleveland Clinic Florida should pay almost $32 million to the estate of...
Meta Loses Second Bid to Thwart FTC’s Revisions to Privacy Pact March 15, 2024 By Leah Nylen and Sabrina Willmer Meta Platforms Inc.’s lost its second court ruling this week seeking to stop the Federal Trade Commission’s reopening a 2020...
Survey: 78M Americans Damaged Their Smartphones in the Last Year March 15, 2024 The amount of money spent on cellphone screen repairs surged to $8.3 billion in 2023, nearly tripling the amount spent...
Bayer Weighs ‘Texas Two-Step’ Bankruptcy Filing Over Roundup March 15, 2024 By Jef Feeley, Tim Loh and Crystal Tse Bayer AG is weighing whether to use a controversial legal maneuver known as the Texas Two-Step bankruptcy to try to...
Insurers, Insureds Must Collaborate to Get Ahead of Social Inflation March 15, 2024 Executive Summary: Setting up mock jury trials, taking cases to trial and refraining from issuing “hammer” letters to lower-layer insurers...
Texas Fires Have Emitted a Near-Record Amount of Carbon March 14, 2024 By Zahra Hirji Texas fires released roughly 3.4 million metric ton of carbon dioxide in January and February, according to a new analysis....
Viewpoint: UIM Coverage and The ‘Floating Layer’ Theory March 14, 2024 By Gary L. Wickert Most insurance claims professionals understand that, as opposed to uninsured motorist (UM) coverage, which pays damages to an insured who...
Report: Ransomware Attacks ‘More Frequent, More Sophisticated, More Effective’ March 14, 2024 By Nehemiah Balaoro Ransomware attackers are using a multitude of techniques to gain access in attacks that are becoming “more frequent, more sophisticated,...