Tesla, Musk Sued by Shareholders Over Self-Driving Safety Claims February 28, 2023 By Jonathan Stempel Tesla Inc. and its Chief Executive Elon Musk were sued on Monday by shareholders who accused them of overstating the...
U.S. Supreme Court to Hear Fight Over Consumer Watchdog Agency’s Funding February 27, 2023 The U.S. Supreme Court on Monday agreed to decide whether the Consumer Financial Protection Bureau’s funding structure established by Congress...
TD, Other Banks Reach $1.35B Settlements to End Stanford Litigation February 27, 2023 By Jonathan Stempel Three banks agreed to pay $1.35 billion to resolve litigation by former Allen Stanford investors who accused them of contributing...
Hurricanes Moving Farther North to Pummel Millions More Homes in US February 27, 2023 By Leslie Kaufman and Eric Roston Is it possible to predict exactly where the wind will blow? How about where it will blow 30 years from...
Cyber Insurance Market Back From Brink After Onslaught of Ransomware Attacks February 27, 2023 By Max Reyes The cyber-insurance market, battered by a rash of pandemic-era ransomware attacks, is making a comeback. Price hikes are moderating, new...
Norfolk Southern Cleared by EPA to Resume Ohio Waste Shipments February 27, 2023 By Jack Gillum Norfolk Southern Corp. this week can resume shipments of hazardous waste from the site of its freight train derailment in...
Berkshire Hathaway Reports First Underwriting Loss Since 2017, Drop in GEICO Staffing February 27, 2023 Berkshire Hathaway recorded its first full-year underwriting loss since 2017—but a small one—as strong profits from reinsurance operations were almost...
Winter Storms Ravage Multiple States February 24, 2023 By Jim Salter Dangerous winter weather ravaged the nation from California through the northern Plains on Thursday, trapping drivers on icy roads, knocking...
States Look to Remove Legal Protections for Gun Industry February 24, 2023 By Jesse Bedayn Mass shootings in America invariably raise questions of fault. The police’s delayed response outside an elementary school in Uvalde, Texas....
What P/C Insurance Leaders Read; Carrier Management Classics February 24, 2023 Ten years ago this week, Wells Media announced the launch of CarrierManagement.com. Mark Wells, executive chair of Wells Media Group,...