Report Says NHTSA Fails to Meet Internal Timelines in Defect Probes June 5, 2023 By David Shepardson The U.S. auto safety regulator routinely fails to meet its internal timelines for completing auto safety defect investigations, a government...
Freshpet Board Accused in Suit by Activist Jana of Breaching Duty June 5, 2023 By Crystal Tse Freshpet Inc.’s board members were sued by activist shareholder Jana Partners over claims they breached their fiduciary duty by changing...
Wells Fargo Seeks to Settle ‘Banking While Black’ Mortgage Case June 5, 2023 By Joel Rosenblatt Wells Fargo & Co. is pursuing private mediation to settle claims of widespread discrimination against Black homeowners by denying them...
3M Granted Delay in ‘Forever Chemicals’ Trial to Negotiate Settlement June 5, 2023 By David Voreacos and Jef Feeley The judge overseeing 4,000 lawsuits involving 3M Co. “forever chemicals” agreed to delay the first trial for three weeks so...
SEC to Dismiss 42 Enforcement Cases After Internal Data Mishap June 5, 2023 By Pete Schroeder The U.S. Securities and Exchange Commission announced Friday it had dismissed 42 pending enforcement cases after discovering enforcement staff had...
Hackers Use Flaw in Popular File Transfer Tool to Steal Data, Researchers Say June 5, 2023 Hackers have stolen data from the systems of a number of users of the popular file transfer tool MOVEit Transfer,...
3M Is in at Least $10 Billion Forever-Chemicals Pollution Settlement June 2, 2023 By Jef Feeley Update: 3M Granted Delay in ‘Forever Chemicals’ Trial to Negotiate Settlement 3M Co. struck a tentative settlement of at least...
Markets/Coverages: Evertas to Offer Largest Crypto Insurance Policy With Coverage Up to $420M June 2, 2023 By Gertrude Chavez-Dreyfuss London-based Arch Insurance International has authorized cryptocurrency insurer Evertas to increase the coverage limit for a single policy to $420...
Report: Medical Professional Liability Headwinds Continue Despite Improvement in 2022 June 2, 2023 A recent report by the Medical Professional Liability Association shows the medical professional liability insurance sector’s combined ratio improved from...
Chemical Makers to Set Aside $1.19B to Settle PFAS-Related Claims in U.S. June 2, 2023 By Clark Mindock Chemours Co., DuPont de Nemours Inc and Corteva Inc. on Friday said they had reached an agreement in principle to...