Amazon Steers Consumers to Higher-Priced Items, Lawsuit Claims February 9, 2024 By Jonathan Stempel Amazon.com was sued in a proposed U.S. class action accusing the online retailer of violating a consumer protection law by...
AM Best Says Losses from California Storms Largely Uninsured, Underinsured February 9, 2024 The economic losses from the latest round of California storms will be significant, with many of these losses may not...
Top AI Companies Join Government Effort to Set Safety Standards February 9, 2024 By Oma Seddiq and Mackenzie Hawkins The top US artificial intelligence companies will participate in a government-led effort intended to craft federal standards on the technology...
Owens Corning to Buy Tampa-based Masonite International for $3.9 Billion February 9, 2024 (Reuters) – Owens Corning said on Friday it will buy door maker Masonite International for $3.9 billion in an all-cash...
Alabama Lawmakers Push Sweeping Bill That Would Allow Lottery and Casinos February 9, 2024 By Kim Chandler MONTGOMERY, Ala. (AP) — A group of Alabama lawmakers unveiled a sweeping gambling bill Wednesday that could authorize a state...
People Moves: Mitsui Sumitomo EU Appoints Rodden as Interim CEO, Rebrands as MSIG UK; Gallagher Re Promotes Dowlen to Managing Director EMEA February 9, 2024 This edition of International People Moves details appointments at Mitsui Sumitomo Insurance (Europe) and Gallagher Re. A summary of these...
Florida Bills on Litigation Financing, Wind-Mit Program Moving Along February 9, 2024 By Insurance Journal Staff Reports Two pieces of legislation that could help reduce losses and litigation costs for insurance carriers are moving in the Florida...
The Oil Was From Iran. The Insurance Was From New York February 9, 2024 By Zachary Mider and Zeke Faux Last June, a rusting tanker named Sincere 02 picked up oil at an Iranian port and steamed across the Persian...
Some Insurers Suspend Sales of Car Policies After UK Watchdog Again Intervenes February 9, 2024 By Huw Jones Britain’s financial watchdog said on Friday several insurers have agreed to suspend sales of policies that cover the depreciation of...
4.0 Earthquake Felt off Florida’s East Coast February 9, 2024 Along with hurricanes and litigation, Floridians and their insurers can now add another potential concern: earthquakes. The National Weather Service...