Wells Fargo to Pay $300M to Settle Suit Over Auto Insurance Disclosures February 8, 2023 By Jody Godoy Wells Fargo & Co. agreed to pay $300 million to settle a shareholder lawsuit claiming the bank hid that it...
People Moves: Liberty Mutual Hires Larson From CNA; Markel Names Gendron CFO; Chaplick Joins Risk Strategies February 8, 2023 Liberty Mutual Appoints Larson President, Financial Lines Liberty Mutual Insurance has appointed Paul Larson as president, financial lines for its...
Ransomware Outbreak Hits US and European Universities, Florida Supreme Court February 7, 2023 By James Pearson and Raphael Satter A global ransomware outbreak has scrambled servers belonging to Florida’s Supreme Court and several universities in the United States and...
Companies Pledge Millions in Fed Effort to Stem Road Deaths February 7, 2023 By Hope Yen Nearly 50 businesses and nonprofits – including rideshare companies Uber and Lyft, industrial giant 3M and automaker Honda – are...
First Sweeping Federal Gun Crime Report in 20 Years Released February 7, 2023 By Lindsay Whitehurst The most expansive federal report in over two decades on guns and crime shows a shrinking turnaround between the time...
Nearly 60 L’Oreal Hair Relaxer Lawsuits Consolidated in Illinois Federal Court February 7, 2023 By Diana Novak Jones Nearly 60 lawsuits claiming hair relaxer products sold by L’Oreal USA Inc and other companies cause cancer and other health...
The Hartford Net Income Down 19% in Q4 February 7, 2023 The Hartford reported a 19% drop in fourth quarter net income compared to the same period last year, while core...
CNA Reports Q4 earnings of $248 Million February 7, 2023 CAN Financial Group notched a net income of $248 million during 2022’s final quarter. This was a slight dip from...
Getty Images Lawsuit Says Stability AI Misused Photos to Train AI February 7, 2023 By Blake Brittain Stock photo provider Getty Images has sued artificial intelligence company Stability AI Inc, accusing it in a lawsuit made public...
Root Sues Former CMO Over At Least $9.4M in Unauthorized Payments February 6, 2023 By Chad Hemenway Root Inc., the parent company of Root Insurance, has followed up its investigation into almost $10 million of unauthorized payments...