Lyft Pays New Jersey $19.4 Million Over Misclassifying 100,000 Drivers September 19, 2025 By Andrew G. Simpson Transportation company Lyft has paid the state of New Jersey $19.4 million to settle a case involving misclassification of more...
British Motorists to Get £200 Million Compensation From Insurers September 19, 2025 By Marion Dakers British insurance companies are paying £200 million ($270 million) to compensate motorists whose claims were underpaid, the Financial Conduct Authority...
Hong Kong Braces for Twin Storms as Forecasters Predict Super Typhoon September 19, 2025 By Mary Hui Hong Kong is facing a period of heavy rain and strong winds as two storms brew in warm tropical waters,...
China’s EV Automaker Xiaomi to Fix Assisted Driving Issue for Over 115,000 SU7s September 19, 2025 Xiaomi will issue a software update for over 115,000 of its popular SU7 electric sedans to fix potential safety issues...
AI Boom Fuels 11% Rise in Top Japan Insurer’s Project Loans September 19, 2025 By Taiga Uranaka and Nao Sano Nippon Life Insurance Co. sees its overseas project finance lending climbing 11% to a record high this year due to...
Viewpoint: Rampant Fraud in Staged Accidents September 19, 2025 By Jerry Theodorou It should come as no surprise that Hollywood has not made many movies about insurance—arguably among the least glamorous of...
Department of Energy Launches Effort to Speed Power Grid Projects for AI September 19, 2025 By Timothy Gardner The Trump administration on Thursday launched an effort to speed development of power plants and transmission lines as artificial intelligence...
People Moves: Gary Joins XPT Specialty’s Pacific Northwest Team September 19, 2025 XPT Specialty added Rachel Gary to its Pacific Northwest team in its Seattle, Washington office. Gary has more than two...
Judge: Vermont’s Delaying Access to Civil Cases Violates 1st Amendment September 19, 2025 By ALAN J. KEAYS/VTDigger VTDigger A federal judge has granted an injunction against the Vermont judiciary in a legal action brought by news outlets aimed...
Insurer Says Tech Services Firms Should Pay for Insured’s Ransomware Damages September 19, 2025 By Andrew G. Simpson ACE American Insurance Co. is suing to recover $500,000 it paid in ransomware damages to a staffing company, claiming cloud...