Google Settles AI-Related Chip Patent Lawsuit That Sought $1.67B January 26, 2024 By Blake Brittain and Nate Raymond Google on Wednesday reached a settlement in a patent infringement lawsuit over chips that power the company’s artificial-intelligence technology, according...
Ford Recalls 2.24M Ford Explorer SUVs Over Trim-Retention Clips January 25, 2024 By David Shepardson Ford Motor said Wednesday it was recalling 2.24 million older Explorer sport utility vehicles worldwide because trim retention clips may...
Specialty Market ‘Particularly Attractive’; Reason to Pause Elsewhere: Berkley CEO January 25, 2024 By Chad Hemenway W.R. Berkley CEO W. Robert Berkley, Jr. said he’s still got eyes on the specialty market, but maintains a cautious,...
Brown, Yale, Columbia Among Latest to Settle Financial-Aid Lawsuit January 25, 2024 By Mike Scarcella Brown, Yale and Columbia universities have agreed to pay a combined $62 million to resolve a lawsuit that accused them...
People Moves: Coalition Nabs AIG’s Jones as Head of Global Claims January 25, 2024 Robert Jones has joined Coalition as the head of global claims. He will step into the role Feb. 5. Jones...
Fox Can Challenge Smartmatic’s $2.7 Billion Defamation Claim Over 2020 Election January 25, 2024 By Erik Larson Fox Corp. can proceed with its claims that Smartmatic Corp.’s $2.7 billion defamation lawsuit wildly exaggerates the financial harm it...
Wall Street Stock-Lending Platform Crashes in Ransomware Attack January 25, 2024 By Donal Griffin and Ryan Gallagher The criminal hacking gang LockBit said it was behind a ransomware attack that shut down some of the operations of...
Record Underwriting Income Highlights W.R. Berkley Q4 Results January 24, 2024 By Chad Hemenway Fourth quarter net income at W.R. Berkley Corp. increased 4% compared to the same period the prior year to about...
People Moves: Konchar, Mulcahy Named Regional VPs at Donegal; Ross Elected President The Insurance Library January 24, 2024 Donegal Insurance Group, headquartered in Marietta, Penn., named two new regional vice presidents. Wes Konchar will lead Donegal’s Marietta region,...
Progressive Q4 Net Income Up 141% as Combined Ratio Exceeds Goal for 2023 January 24, 2024 By Chad Hemenway Progressive Corp. today said fourth quarter 2023 net income jumped to nearly $2 billion compared to about $826 million a...