Big Oil Companies Defeat Consumer Lawsuit Over Production, Prices September 17, 2024 By Jonathan Stempel Several oil companies including Exxon Mobil and Chevron defeated an appeal on Monday by consumers who accused them of colluding...
DraftKings Sued by MLB Players Union for Using Names, Images September 17, 2024 By Jef Feeley Sports-betting platform DraftKings Inc. has been using names and images of Major League Baseball players without permission and in violation...
J&J Gets $260 Million Talc Verdict Overturned, New Trial Ordered September 17, 2024 By Brendan Pierson An Oregon judge has overturned a $260 million verdict against Johnson & Johnson in a lawsuit brought by a woman...
McGowan Owner Jackson Takes Reins as Big ‘I’ Chairman September 16, 2024 Todd Jackson, owner and partner of McGowan Insurance Group, has been named chairman of the Independent Insurance Agents & Brokers...
Reinsurance Outlook to ‘Neutral’; US to Push for Double-Digit Casualty Increases September 16, 2024 Fitch Ratings said reinsurers are likely to push for double-digit U.S. casualty rate increases during January renewals to keep up...
D&O Market in ‘State of Transition’ on Litigation Trends: Woodruff Sawyer September 16, 2024 By Chad Hemenway It looks like the market for directors and officers insurance is shifting, according to Woodruff Sawyer, with the number of...
Walgreens Paying $106.8 Million to Settle Prescription Billing Fraud Charges September 16, 2024 By Jonathan Stempel Walgreens Boots Alliance agreed to pay $106.8 million to settle charges it fraudulently billed the U.S. government for prescriptions that...
Former UPS Driver Wins $238 Million Verdict in Suit Over Firing September 16, 2024 By Andrew Harris A Black UPS driver won a $237.6 million jury verdict in a case in which he alleged he’d been discriminated...
23andMe Settles Data Breach Lawsuit for $30 Million September 16, 2024 By Jonathan Stempel 23andMe will pay $30 million and provide three years of security monitoring to settle a lawsuit accusing the genetics testing...
Microsoft, Cyber Firms Pursue Changes After CrowdStrike Outage September 13, 2024 By Jake Bleiberg Microsoft Corp. said it’s building an alternative for cybersecurity companies that now utilize the deepest layer of its operating system...