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...
NTSB Report Faults Faked Trucking Company Logs in Fatal 2022 Bus Crash August 30, 2024 By Matthew Barakat A crash that killed three passengers on a party bus on a Virginia highway was caused by a fatigued truck...
GM Must Face Big Class Action Over Faulty Transmissions August 30, 2024 By Jonathan Stempel General Motors was ordered by a federal appeals court to face a class action claiming it violated laws of 26...
The Murdaugh Drama Continues: Store That Sold Beer Now Suing its Insurers August 30, 2024 By William Rabb The saga of the Murdaugh family in South Carolina continues, now with a convenience store company suing its liability insurers...