Sunken Superyacht Likely to Cost Insurers at Least $150 Million, Experts Say August 30, 2024 By Noor Zainab Hussain and Carolyn Cohn Insurers of the Bayesian superyacht that sank this month, killing tech entrepreneur Mike Lynch and six others, could be on...
UK’s Aviva Conspired to Dodge India Compensation and Tax Rules, Agency Says August 30, 2024 By Aditya Kalra and Nikunj Ohri An Indian tax agency has found that British insurer Aviva breached local regulations capping commissions to sales agents with a...
GM Must Face Big Class Action Over Faulty Transmissions August 30, 2024 By Jonathan Stempel General Motors was ordered by a federal appeals court to face a class action claiming it violated laws of 26...
NHTSA Closes Two Preliminary Probes Into Fisker’s Ocean SUVs August 30, 2024 The U.S. auto safety regulator said on Wednesday it has closed two separate probes into Fisker’s Ocean SUVs over an...
South Africa Insurer Santam Plans Asia Expansion, Following Success of Parent Sanlam August 30, 2024 By Adelaide Changole South Africa-based general insurer Santam Ltd. plans to expand in Asia to diversify its premiums and counter tepid growth at...
Lithium Startups Bet on High Demand in Battery-Powered Future August 30, 2024 By Michelle Ma As the world leans into electrification, it will need more lithium. A key ingredient in the batteries that power everything...
Museum to Sell Painting in Settlement With Heirs of Jewish Family That Fled the Nazis August 30, 2024 By Michael Rubinkam A Pennsylvania museum has agreed to sell a 16th century portrait that once belonged to a Jewish family that was...
Vocational School Owner Arraigned in $1M Workers’ Comp Fraud Case August 30, 2024 Los Angeles area vocational school owner, Guillermo Frias, 65, of Paramount, and the school’s accounting manager, Yesid Colon, 54, of...
Screwber and Fake GPS: The $40 Million Dollar Ridesharing Fraud Scheme August 30, 2024 Two men have been charged with conducting a six-year scheme in which they allegedly scammed a ridesharing company and customers...
Unison’s RCM&D Acquires Virginia Benefits Firm MillenGroup August 30, 2024 Maryland-based insurance, benefits and risk management firm RCM&D announced the acquisition of MillenGroup, a Richmond, Virginia-based benefits advisory firm. Laura...