Pulitzer Winner Chabon, Other Authors Sue Meta Over AI Program September 13, 2023 By Blake Brittain and Katie Paul A group of writers including Pulitzer Prize winner Michael Chabon sued Meta Platforms in San Francisco federal court on Tuesday,...
Hyundai, Kia Urge Court to Reject Cities’ TikTok-Inspired Theft Lawsuits September 13, 2023 By David Shepardson Korean automakers Hyundai Motor and Kia Corp on Tuesday asked a U.S. judge to reject lawsuits filed by 17 cities...
FM Global Clients to Get Share of $350M ‘Resilience Credit’ September 12, 2023 Eligible commercial property insurance clients of FM Global will receive a share of what the insurer calls a “resilience credit”...
Doctor Asks Court to Toss J&J Lawsuit Against Her Over Cancer Research September 12, 2023 By Dietrich Knauth A medical researcher has asked a court to throw out a lawsuit that Johnson & Johnson filed against her over...
Wait ‘Til 2025: The Hartford Won’t See Auto Profit Next Year September 12, 2023 By Susanne Sclafane Even after putting through 20% rate hikes over the course of this year, The Hartford needs another round of similar...
Markets/Coverages: US Cyber Industry Loss Index Launched by Perils, CyberAcuView September 12, 2023 A U.S.-focused Cyber Industry Loss Index has been launched by Zurich-based Perils and CyberAcuView, an independent U.S.-based organization formed by...
Judge in $6 Billion 3M Settlement Issues Order to Stop Litigation Funding September 12, 2023 By Chad Hemenway A federal judge has barred attorneys and claimants involved in 3M’s $6 billion settlement with U.S. military servicemembers from any...
First-Half P/C Underwriting Loss Just $2B Shy of Loss for All of 2022 September 12, 2023 The total net underwriting loss of $24.5 billion for the U.S. property/casualty industry after the first six months of 2023...
Q2 US Commercial Lines Prices Up 6.1%: WTW September 12, 2023 According to WTW’s Commercial Lines Insurance Pricing Survey (CLIPS), commercial insurance prices in the U.S. continued to increase in the...
Executives Go Quiet on Diversity After Affirmative Action Ruling September 11, 2023 US executives drastically cut back on public discussions of workplace diversity last quarter, in the first earnings season since the...