NYC Cab Crash Sends Rider on ‘Nightmare’ to Get Insurance Money September 5, 2024 By Natalie Lung, Laura Nahmias and Claire Ballentine Carlos Quiles says he was seriously injured in May 2022 when the Uber he was traveling in crashed into two...
Johnson & Johnson Adds $1.1B to Proposed Talc Settlement September 5, 2024 By Mike Spector, Dietrich Knauth and Sriparna Roy Johnson & Johnson plans to pay an additional $1.1 billion to resolve tens of thousands of legal actions alleging its...
U.S. Judge Says X Must Face Class Action Age Bias Claims Over Mass Layoff September 5, 2024 By Daniel Wiessner A federal judge in San Francisco has ruled that roughly 150 older workers who were laid off by social media...
SEC’s WhatsApp Probe Expands as Moody’s, S&P Hit With Fines September 4, 2024 By Lydia Beyoud Moody’s Corp., S&P Global Inc. and Fitch Ratings Inc. will pay a combined $48 million over allegations that the credit-rating...
HP to Continue $4 Billion Damages Case Against Mike Lynch September 4, 2024 By Sourasis Bose Hewlett Packard said it would continue legal proceedings to seek up to $4 billion in damages from British billionaire Mike...
Judge Agrees to Ask State Supreme Court About Barriers to $4B Hawaii Wildfire Settlement September 4, 2024 By Jennifer Sinco Kelleher The Hawaii Supreme Court will be asked to weigh in on an issue that threatens to thwart a $4 billion...
Halliburton Sees Unlikely Material Impact From Cyberattack September 4, 2024 By David Wethe Halliburton Co., the world’s largest provider of fracking services, said a recent cybersecurity attack that’s disrupted its business is unlikely...
Court Rules Lyft is a Motor Carrier and State Farm Can Be Sued Directly September 2, 2024 By William Rabb Georgia lawmakers this year put an end to direct-action lawsuits against trucking companies’ insurers, but that did not come soon...
Underwriters Wary of PFAS Amid ‘Superstorm’ of Litigation, Regulation September 2, 2024 By Allen Laman As litigation and regulation increase around per- and polyfluoroalkyl substances (PFAS), insurance underwriting is tightening across lines. Insurance professionals who...
Sunk Superyacht Likely to Cost Insurers At Least $150 Million, Experts Say August 30, 2024 By Noor Zainab Hussain and Carolyn Cohn Insurers of the Bayesian superyacht that sank this month, killing tech entrepreneur Mike Lynch and six others, could be on...