Class Action Lawsuit on AI-Related Discrimination Reaches Final Settlement November 25, 2024 By Jesse Bedayn Mary Louis’ excitement to move into an apartment in Massachusetts in the spring of 2021 turned to dismay when Louis,...
Hyundai Issues Recalls of Electric Cars for Loss of Power, SUVs Over Wiring Issue November 25, 2024 South Korean carmaker Hyundai Motor is recalling about 145,235 electrified vehicles in the United States due to a loss of...
Nissan Persuades Appeals Court to Decertify Brake Defect Class Actions November 25, 2024 By Jonathan Stempel Nissan persuaded a federal appeals court on Friday to decertify 10 class actions accusing the Japanese automaker of selling cars...
SEC’s Penalties, Relief Hit All-Time Record of $8.2 Billion November 25, 2024 By Nicola M. White The US Securities and Exchange Commission’s fines and investor relief hit an all-time record in fiscal 2024. The agency’s enforcement...
My Safe Florida Condo Program Runs Out of Funding in One Week November 25, 2024 Just a week after a pilot program for strengthening Florida condominiums was launched it reached maximum capacity and is no...
Suit Claiming Racial, Income Bias in Rental Algorithm Settled for $2.2 Million November 25, 2024 By Jesse Bedayn Mary Louis’ excitement to move into an apartment in Massachusetts in the spring of 2021 turned to dismay when Louis,...
People Moves: Hendrickson Appointed Head of Reinsurance for Delos November 25, 2024 Delos Insurance Solutions named Gloria Hendrickson as its new head of reinsurance. Hendrickson has a catastrophe modeling and risk background...
Trucking Firm Owner Sentenced Over Crash That Killed 7 Bikers November 25, 2024 The owner of a trucking company was sentenced Thursday to two months in prison followed by one year of supervised...
Meta Must Face Investor Suit After Supreme Court Drops Case November 22, 2024 By Greg Stohr The US Supreme Court dismissed an appeal by Meta Platforms Inc., leaving it to face a lawsuit that accuses the...
Markets/Coverages: MGA Aqueous Secures Capacity Deal With Allied World and Sompo November 22, 2024 Aqueous Underwriting, the London-based MGA, has secured major new capacity in a three-year deal with A+ rated insurers Allied World...