Dellwood Insurance Says AIG’s ‘Ginned-Up Claims’ Must Be Dismissed October 2, 2024 By Chad Hemenway The legal squabble between American International Group (AIG) and a startup-up formed by some former employees continued this week with...
Viewpoint: Strike’s Duration Will Determine Impact on P/C Insurance Industry October 2, 2024 By Michel Leonard The International Longshoremen’s Association (ILA) went on strike on Tuesday, Oct 1. The strike is expected to affect more than...
Flooded Farms, Fouled Rivers, Dozens Dead: Helene’s Rising Toll October 2, 2024 By Ilena Peng, Gerson Freitas Jr., Ari Natter and Josh Saul As historic floodwaters unleashed by Hurricane Helene recede across the US Southeast, the region faces a humanitarian, economic and ecological...
US DOJ Charges British Man Over ‘Hack-to-Trade’ Scheme October 2, 2024 By Jonathan Stempel A British man has been arrested and charged by U.S. authorities with hacking into the computers of five companies to...
Apple Accused by US Labor Board of Imposing Illegal Workplace Rules October 2, 2024 By Daniel Wiessner A U.S. labor board issued a complaint accusing Apple of violating employees’ rights to organize and advocate for better working...
Hospitals Seen as Potential Growth Area for Litigation Financing October 2, 2024 By Dorothy Ma and Emily R. Siegel The litigation-financing industry could see new demand from an increase in health care lawsuits, according to Christopher Bogart, chief executive...
WTW to Sell Direct-to-Consumer Sales Unit Tranzact for $632 Million October 1, 2024 Global insurance broker WTW has agreed to sell its direct-to-consumer insurance distribution business, Tranzact, to the private equity firm GTCR...
US East Coast Dockworkers Strike, Halting Half the Nation’s Ocean Shipping October 1, 2024 By David Shepardson and Doyinsola Oladipo Dockworkers on the U.S. East Coast and Gulf Coast began a strike early on Tuesday, their first large-scale stoppage in...
Viewpoint: East Coast Port Strike: Insurance and Risk Management Implications October 1, 2024 By Tom Ptacek, JD and Zoi Fanourgiakis As it has many times before, the International Longshore Association (ILA) threatened a strike, beginning October 1, that would shut...
Judge Dismisses Shareholder Lawsuit Against Tesla, Musk Over Self-Driving Promises October 1, 2024 By Jonathan Stempel Tesla and its CEO Elon Musk on Monday won the dismissal of a lawsuit accusing them of defrauding shareholders by...