U.S. Supreme Court Declines to Hear Arizona Opioid Claim Against Purdue’s Owners December 9, 2019 By Nate Raymond The U.S. Supreme Court on Monday turned away a novel case by Arizona seeking to recover billions of dollars that...
Report Shows Fire at Texas Facility Caused by Equipment Failure December 9, 2019 A fire at a Houston, Texas-area petrochemical storage facility that burned for days in March was accidental and caused by...
PG&E Gains on $13.5B Settlement With California Wildfire Victims December 9, 2019 By Mark Chediak and Scott Deveau PG&E Corp. surged on the strength of a Friday announcement it had secured a $13.5 billion settlement with victims of...
U.S. Commercial Insurance Prices Were Up 4% in Q3: WTW December 9, 2019 U.S. commercial insurance prices accelerated during the third quarter of 2019, as the aggregate price change reported by carriers exceeded...
Safety Groups Argue Curtailing Impaired Driving Requires Moving Beyond Fines, Jail Time December 9, 2019 Efforts to curtail impaired driving and related accidents by repeat offenders on the road should address the underlying problems prompting...
A.M. Best Weighs In With Stable Commercial Insurance Outlook for 2020 December 9, 2019 The market outlook on the U.S. commercial lines industry for 2020 is stable. according to analysts at ratings firm A.M....
Tesla Driver Who Hit Two Cars in Connecticut Says He Used Autopilot December 9, 2019 The driver of a Tesla says the car was on autopilot when it struck a police cruiser and a disabled...
Maryland Resort, Family Settle Lawsuit Over Electric Shock Incident December 9, 2019 A lawsuit filed by the family of a girl who suffered a brain injury after she was shocked by an...
Brit Launches the First ILS Fund at Lloyd’s December 9, 2019 Specialty insurer Brit Ltd. has launched Sussex Specialty Insurance Fund to offer insurance linked securities (ILS) investors access to Lloyd’s...
EU Regulators to Weigh If Antitrust Rules Fit for Today’s Global, Digital Markets December 9, 2019 By Foo Yun Chee EU regulators will review two-decade old rules that determine if companies have the market power to throttle rivals or control...