After Countrywide Pause, InsurTech Hippo Slowly Reemerging Next Week September 8, 2023 By Susanne Sclafane A profitability problem that would have otherwise taken insurtech Hippo half a year to correct is on the mend after...
Viewpoint: Six Ways to Stop Burning Man From Becoming ‘Muddy Man’ Next Year September 8, 2023 By Jonathan Jackson Over 70,000 Burning Man festival-goers were stranded in Nevada’s Black Rock Desert following heavy rain over the weekend. The Pershing...
Kroger to Pay Up to $1.4 Billion to Resolve Opioid Lawsuits September 8, 2023 By Nate Raymond Kroger on Friday said it would pay as much as $1.4 billion to resolve thousands of lawsuits by U.S. states,...
Microsoft to Defend Customers on AI Copyright Challenges September 8, 2023 Microsoft will pay legal damages on behalf of customers using its artificial intelligence (AI) products if they are sued for...
Hurricane Lee Strengthens to Category 5 Storm September 8, 2023 By Brian K. Sullivan Hurricane Lee has become the strongest Atlantic storm since 2019 with winds of 165 miles (266 kilometers) per hour, and...
Facebook Settlement Lawyers Want ‘Nick Bosa Money,’ Judge Says September 8, 2023 By Joel Rosenblatt Lawyers who sued Facebook over user privacy violations are seeking $180 million in attorneys fees — a sum the judge...
People Moves: Fato to Assume Newly Created Vice Chair Role at AIG; Johnson Joins Insurance Quantified as Strategic Advisor September 8, 2023 Fato to Assume Newly Created Vice Chair Role at AIG Lucy Fato, executive vice president, general counsel and global head...
Walgreens to Pay $44 Million to Settle Theranos Fraud Claims September 8, 2023 By Erik Larson Walgreens Boots Alliance Inc. has agreed to pay $44 million to settle class action claims by consumers who received flawed...
FEMA Names Nearly 500 US Communities as ‘Resilience Zones’ September 7, 2023 By Leslie Kaufman Rikers Island in the Bronx, New York, made the list due to its extreme vulnerability to flooding. Lincoln, Wyoming, was...
APCIA, RAA Testify Before Senate Committee on Property Insurance Market September 7, 2023 By Chad Hemenway The American Property Casualty Insurance Association (APCIA) and the Reinsurance Association of American together presented testimony in Washington today on...