Settlements Eclipse $40 Billion in 2024 as PFAS, Reverse Discrimination Claims Emerge January 8, 2025 By Chad Hemenway Once again, settlements from class-action litigation topped $40 billion in 2024, according to an extensive analysis of more than 1,400...
Lawsuit Alleges Fox Sports Ex-Host Harassed Hairstylist, Offered $1.5M for Sex January 8, 2025 A woman who worked as a hairstylist for Fox Sports alleges in a lawsuit that former host Skip Bayless made...
Artificial Intelligence Energy Demand Is Driving Climate Tech Investing January 8, 2025 By Coco Liu Energy startups have overtaken the makers of electric cars and batteries as the top global climate tech investment for the...
US Insurance Deals Outlook: More, More, More January 8, 2025 In mid-December, PwC tallied a surge in M&A deals in the U.S. insurance industry in the second half of 2024,...
Viewpoint: Innovation Enhances Brokers’ Growth and Profits January 7, 2025 By Travis Shank Boosting growth and profitability is a goal for all U.S. insurance agents and brokers, but until recently that has been...
Moody’s Global P/C Outlook Now Stable Despite Past-Peak Commercial Pricing January 7, 2025 By Susanne Sclafane Moody’s Ratings changed the sector outlook for the global property/casualty insurance industry to stable from negative last month, pointing to...
NHTSA Probing About 2.6M Tesla Vehicles Over Remote Driving Feature January 7, 2025 By David Shepardson and Akash Sriram The National Highway Traffic Safety Administration said on Tuesday it has opened a probe into 2.6 million Tesla vehicles in...
Old Republic Starts New Company for Cyber, Tech E&O January 7, 2025 Old Republic International Corp. said it is forming a new subsidiary for cyber and technology errors and omissions insurance products....
MarketScout: 2024 Composite Personal Lines Rates Up 5.8%; Commercial Rates Up 3.8% January 7, 2025 According to the MarketScout Market Barometer, the composite rate for U.S. personal lines increased about 5.8% in 2024 — the...
McDonald’s Retires Some Diversity Goals in Latest Corporate Retreat January 6, 2025 By Daniela Sirtori and Jeff Green McDonald’s Corp. is revamping its approach to diversity, equity and inclusion, becoming the latest large company to change its strategy...