Fox’s Settlement With Dominion Unlikely to Cost it $787.5M April 24, 2023 By Mae Anderson Fox Corp.’s $787.5 million settlement with Dominion Voting Systems over defamation charges is eye-popping, but the ultimate cost to the...
W.R. Berkley CEO Says Insurer Isn’t Going to Chase D&O Market ‘Down the Drain’ April 24, 2023 By Chad Hemenway W.R. Berkley Corp. President and CEO Robert Berkley said the insurer is not going to follow the directors and officers...
Thefts Prompt 17 States to Urge Recall of Kia, Hyundai Cars April 24, 2023 By Adam Beam and Tom Krisher Attorneys general in 17 states on Thursday urged the federal government to recall millions of Kia and Hyundai cars because...
Altria Faces First Trial Over Claims it Helped Market Juul to Teens April 24, 2023 By Brendan Pierson Tobacco giant Altria Group Inc is set to face trial Monday in a lawsuit by San Francisco’s public school district...
Tesla Cleared by Jury in Autopilot Crash Suit in Los Angeles April 24, 2023 By Malathi Nayak Tesla Inc. was found by a Los Angeles jury not to be at fault following a trial over a driver’s...
Paramount Directors Agree to $168 Million Settlement Over Merger April 24, 2023 By Jef Feeley Paramount Global directors agreed to a $167.5 million settlement of investors’ lawsuits over the controversial 2019 merger of CBS Corp....
INSHUR Acquires U.S. Transportation Agency ABI; Raises $26 Million April 21, 2023 INSHUR, a global on-demand insurance provider, has acquired American Business Insurance Services in order to expand its operations across the...
American Bar Association Has Network Breach April 21, 2023 The American Bar Association said an unauthorized third-party gained access to usernames and passwords used by members to access an...
No Such Thing as a ‘Run on the Bank’ In Insurance Biz: Travelers CEO April 21, 2023 By Susanne Sclafane With recent troubles in the banking sector having only minimal impact on his company’s specialty lines results, the chief executive...
Insurance Veteran Motamed, 74, Dies April 20, 2023 Thomas F. Motamed, an industry veteran who started his career as a claims trainee and eventually led some of the...