Outlook for US Commercial Insurance Segment ‘Stable’ as Profits Stay Strong: AM Best December 2, 2024 AM Best is maintaining its stable market segment outlook on the U.S. commercial lines insurance sector for 2025, due partly...
Aon Names McCabe Carolinas Market Leader December 2, 2024 Rebecca McCabe, with Aon since 2015, has been named Carolinas market leader, based in Charlotte. McCabe has recently served as...
New Mexico Man Gets $412M Medical Malpractice Payout for Botched Injections December 2, 2024 By Susan Montoya Bryan Jurors in New Mexico have awarded a man more than $412 million in a medical malpractice case that involved a...
Parts of New York, Pennsylvania Buried by Up to 4 Feet of ‘Lake-Effect’ Snow December 2, 2024 The governors of New York and Pennsylvania have declared disaster emergencies in areas hit with as much as three and...
T-Mobile Engineers Spotted Hackers Running Commands on Routers December 2, 2024 By Kelcee Griffis Suspicious behavior on T-Mobile US Inc.’s network devices tipped off the company to a breach that was potentially part of...
West Haven Gains $1 Million From Insurance for Employees’ Theft of Covid Funds December 2, 2024 The Connecticut city of West Haven said it is being reimbursed more than $1 million from its insurer to cover...
British Columbia Can Mount Opioid Class Action, Canada’s Top Court Says December 2, 2024 The province of British Columbia can bring a class action lawsuit against pharmaceutical companies for opioid harms on behalf of...
Arthur J. Gallagher & Co. Acquires UK-Based Caytons Law December 2, 2024 Arthur J. Gallagher & Co. announced that its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired the UK-based...
China’s ByteDance Seeks $1.1M in Damages From Ex-Intern in AI Breach Case: Report December 2, 2024 China’s ByteDance is suing a former intern for $1.1 million, alleging he deliberately attacked its artificial intelligence large language model...
International Court Begins Hearings That May Shape Global Climate Litigation December 2, 2024 By Stephanie van den Berg The United Nations’ top court [this] week begins hearings on the legal obligation of countries to fight climate change and...