Thousands of Black Women Claim Hair Relaxers Gave Them Cancer November 6, 2023 By Mike Spector Sheila Bush, a cosmetologist, was lounging in the recliner at her St. Louis-area home last winter when an advertisement from...
Judge Rules Virginia Teacher Shot by Student Can Proceed with $40 Million Lawsuit November 6, 2023 By Ben Finley A teacher who was shot by her 6-year-old student in Virginia can press forward with her $40 million lawsuit against...
Berkshire Hathaway Reports $12.8B Loss as Investments Fall; Insurance Performed Well November 6, 2023 By Josh Funk Warren Buffett`s company has reported a nearly $13 billion loss in the third quarter as the paper value of its...
AIG Continues to Take Cautious Approach to Excess D&O in North America November 3, 2023 By Chad Hemenway Though American International Group (AIG) saw a turnaround in underwriting income in the third quarter, driven largely by business in...
Lemonade Expects to Be in the Black Within Three Years November 3, 2023 By Susanne Sclafane While Lemonade is still burning cash and reported a net loss on the bottom line of its third-quarter income statement,...
Travelers to Buy Cyber MGU Corvus for $435 Million November 3, 2023 The Travelers Companies today said it has agreed to buy cyber managing general underwriter Corvus Insurance Holdings, Inc. for about...
Ex-Crypto Mogul Sam Bankman-Fried Convicted of Multi-Billion Dollar FTX Fraud November 3, 2023 By Luc Cohen and Jody Godoy FTX founder Sam Bankman-Fried was found guilty Nov. 2 of stealing from customers of his now-bankrupt cryptocurrency exchange in one...
FIO’s Climate-Related Financial Risk Data Collection Finalized November 3, 2023 By Don Jergler The Department of Treasury’s Federal Insurance Office finalized its proposed Climate-Related Financial Risk Data Collection. The FIO in June released...
New FTC Court Filing: Amazon Made $1B Through Secret Price Algorithm November 3, 2023 By Diane Bartz, Arriana McLymore and David Shepardson Amazon.com used a series of illegal strategies to boost profits at its online retail empire, including an algorithm that pushed...
Tesla Wins First US Autopilot Trial Involving Fatal Crash November 3, 2023 By Dan Levine and Hyunjoo Jin Tesla on Oct. 31 won the first U.S. trial over allegations that its Autopilot driver assistant feature led to a...