Supreme Court Leaves Intact Social Media Liability Shield in Win for Google, Twitter May 18, 2023 By Greg Stohr and Emily Birnbaum The US Supreme Court left in place a broad liability shield for social media companies for content posted by users,...
Commercial Property Premiums Up Over 20% to Start 2023: CIAB May 18, 2023 By Chad Hemenway Commercial property premiums increased more in the first quarter than they have in more than 20 years as the first...
Ford Recalls 422,000 SUVs Because Rear View Camera Display May Fail May 18, 2023 By David Shepardson Ford Motor Co is recalling 422,000 sport utility vehicles in the U.S. because the video output may fail, preventing the...
Deutsche Bank to Pay $75 Million to Settle Epstein Suit May 18, 2023 By Joe Schneider and Sally Bakewell Deutsche Bank AG agreed to pay $75 million to settle a lawsuit in which victims of Jeffrey Epstein’s sexual abuse...
J&J’s Proposed Talc Settlement Would Pay $400 Million to State AGs May 18, 2023 Johnson & Johnson has set aside $400 million to resolve U.S. state consumer protection actions as part of its broader...
Tale of Two Markets: Largest CR Gap Between Personal, Commercial Lines in 15 Years May 18, 2023 The 2022 property/casualty insurance industry saw a stark difference between the combined ratio of commercial lines at 94.8, while personal...
Norfolk Southern Bondholders Sue Over Safety Disclosures Preceding Ohio Derailment May 18, 2023 By Jonathan Stempel Norfolk Southern Corp was sued on Tuesday by bondholders who said they lost hundreds of millions of dollars because the...
AM Best: Current D&O Market Rates Could Prove Inadequate May 17, 2023 By Chad Hemenway Buyers of directors and officers liability may be getting a break from steep rate and price increases seen over the...
BP Unit to Pay Record $40M to Settle Air Pollution Civil Charges May 17, 2023 By Sarah N. Lynch and Laura Sanicola A subsidiary of BP will pay a record-setting $40 million penalty to settle civil U.S. charges that its Indiana-based oil...
Alleged Russian Hacker Charged in $200 Million Ransomware Spree May 17, 2023 By William Turton A Russian man was charged by US authorities in connection with his alleged role with multiple ransomware gangs that attacked...