FedEx Loses Bid to Undo $366M Racial Bias Verdict, Files Appeal February 3, 2023 By Jonathan Stempel A U.S. judge rejected FedEx Corp’s request to throw out or reduce a jury’s $366 million damages award to a...
Securities Fraud Trial Over Elon Musk’s 2018 Tweets Draws to a Close February 3, 2023 By Jody Godoy A lawyer for Tesla Inc. shareholders who claim Elon Musk deceived them when he tweeted that he had secured funding...
Global Commercial Insurance Rates Rise 4% in Q4, Continuing Moderating Trend: Marsh February 3, 2023 Global commercial insurance prices increased 4% in the fourth quarter of 2022, down from a 6% increase in Q3 and...
U.S. CFTC Traders Report Delayed by Ransomware Attack on Data Firm ION February 3, 2023 By Eric Beech The U.S. Commodity Futures Trading Commission said on Thursday that as a result of the ransomware attack on ION Trading...
Workers Comp Insurtech Pie Transitions to Full-Stack Carrier February 3, 2023 Small-business workers compensation provider Pie Insurance has completed its transition to a full-stack carrier. Effective Jan. 1, the company said...
Amazon Fined for Worker Safety Violations in Three States February 3, 2023 By Spencer Soper US federal workplace safety regulators fined Amazon.com Inc. more than $60,000 for putting warehouse employees at risk for lower back...
California Climate Bills Requiring Broad Disclosures Have National Implications February 2, 2023 By Don Jergler A pair of California bills requiring large companies to report emissions from across their supply chains and creating more stringent...
The Hanover Reports $11M Q4 Loss February 2, 2023 The Hanover Insurance Group reported a fourth quarter 2022 loss of $11.6 million, driven by widespread catastrophic losses from Winter...
General Motors Files to Trademark ‘GM Financial Insurance Company’ Name February 2, 2023 By Chad Hemenway General Motors has filed to trademark “GM Financial Insurance Company,” according to a record found with the U.S. Patent and...
Gas Stoves Are Back Under Scrutiny With New Limits Proposed February 2, 2023 By Ari Natter Gas stoves are coming under fresh scrutiny as a second federal agency has now stepped into the political firestorm with...