Corporate Nuclear Verdicts Surged to New Record High in 2024, Report Says May 22, 2025 By Ezra Amacher Nuclear verdicts against corporate defendants reached a record high in 2024, led by cases involving products liability and intellectual property,...
NCDOI Fines Builders Mutual for Repeat Violations in Commercial Auto May 22, 2025 Builders Mutual Insurance and its subsidiary, Builders Premier, have agreed to pay a $39,000 penalty after a North Carolina market...
Markets/Coverages: CFC Adds Cyber Proactive Response to More Industry Products May 22, 2025 CFC said it has extended the benefits of its new Cyber Proactive Response (CPR) coverage to existing policies tailored for...
Plane Crashes into San Diego Neighborhood, Setting Homes and Vehicles on Fire May 22, 2025 By Julie Watson Multiple people on board a private plane that crashed into a San Diego military housing neighborhood during foggy weather early...
Bankruptcy Judge Approves Norwich Diocese Plan With $31 Million for Abuse Survivors May 22, 2025 By Andrew G. Simpson A federal bankruptcy judge in Connecticut has approved a plan involving the Catholic Diocese of Norwich that includes a $31...
Air Traffic Control System Failing Americans, Airline CEOs Say May 22, 2025 By David Shepardson Major airline CEOs on Wednesday called on Congress to approve billions of dollars in funding to modernize the United States’...
Thames Water Tops List of Firms Facing Criminal Probes Over Pollution May 22, 2025 By Priscila Azevedo Rocha Thames Water tops a list of water companies under criminal investigation for pollution by the UK government, a move that...
Climeworks Is Cutting 22% of Staff as US Climate Backlash Hits Carbon Removal May 22, 2025 By Akshat Rathi and Coco Liu Climeworks AG is laying off 106 people, as startups that aim to reverse global warming face a reckoning with the...
Aircraft Lessor SMBC’s Proceeds From Russian Jet Insurance Settlements Hit $1.4B May 22, 2025 Aircraft lessor SMBC Aviation Capital has booked a further $654 million in proceeds from insurance settlements over the past year...
Viewpoint: Loss Control Services Are Underused Tools to Reduce Identity Security Risk May 22, 2025 By Stacie Lilien Cyber insurers are offering tools that could significantly reduce your identity riskābut most organizations aren’t using them. One of the...