Average Age of US Cars Hits Record 12.2 Years in Fifth Straight Annual Increase May 23, 2022 By Keith Laing Cars on US roads are as old as they’ve ever been, potentially complicating efforts to expand the use of new...
Data Breach-Related Securities Suit Filed Against Cyber Firm Okta May 23, 2022 By Chad Hemenway Following a trend in directors and officers litigation involving cybersecurity firms, Okta Inc. now faces a securities class action lawsuit...
Global Power Grids Face Biggest Test in Decades With Summer Blackouts Expected May 23, 2022 By Dan Murtaugh, Rajesh Kumar Singh and Naureen Malik Global power grids are about to face their biggest test in decades with electricity generation strangled in the world’s largest...
FDA Says Abbott Baby Formula Plant on Track to Reopen in 1-2 Weeks May 23, 2022 By Ahmed Aboulenein and Susan Heavey Abbott Laboratories and the U.S. Food and Drug Administration are on track to reopen Abbott’s baby formula manufacturing plant in...
3M Ordered to Pay $77.5 Million to Veteran in Latest Earplug Trial May 23, 2022 By Brendan Pierson A jury in Pensacola, Florida federal court on Friday ordered 3M Co. to pay $77.5 million to a U.S. Army...
Markets/Coverages: Hub Targets Nonprofits; Ryan Tackles Auto Excess With Axsal; Trisura and HSB Back At-Bay Cyber May 20, 2022 Hub Launches Nonprofit Specialty Practice Insurance broker Hub International, with decades of experience in the sector, has launched a nonprofit...
Insurance Technology: Zurich’s FieldView Simplifies Crop Reporting; Kinetic Adds ‘Jump Detection’ to Wearables; Beat Capital to Launch MGAs Using OneShield May 20, 2022 Zurich’s Climate FieldView Expands Precision Crop Information for RCIS Zurich North America crop insurance business – Rural Community Insurance Services...
Mental Telehealth CEO Ousted as U.S. Probes Prescription Practices May 20, 2022 By Caleb Melby, Gillian Tan and Polly Mosendz Cerebral Inc. directors voted to oust the mental telehealth giant’s founder and chief executive officer, Kyle Robertson, on Wednesday, as...
Republicans Have a New Enemy No. 1: ESG Investing May 20, 2022 By Jeff Green and Saijel Kishan Heading into the hotly contested midterm elections, the American political right has a new rallying cry: Down with ESG. Conservatives...
Insurers Too Late for Subrogation in Auto Parts Price-Fixing Case, Court Rules May 20, 2022 By Jim Sams Insurers waited too long to intervene in anti-trust litigation that brought settlements requiring dozens of auto parts manufacturers to pay...