Commercial auto insurance has struggled to achieve underwriting profitability, even before inflationary conditions affected property/casualty lines in recent years. The trend has been accompanied by steady growth in net written premiums (NWP), according to the Insurance Information Institute (Triple-I), an …
The US government said Friday it was investigating unauthorized access by Chinese state-affiliated hackers targeting the commercial telecommunications sector. The FBI and the Cybersecurity and Infrastructure Security Agency said they had identified specific malicious activity by actors affiliated with the …
One of Florida’s largest property insurers and one of its smaller carriers reported losses at least partly related to Hurricane Helene, which landed just before the third quarter closed, and from Hurricane Milton, which struck less than two weeks later. …
A set of lawsuits was filed last Wednesday by people who claim they were sexually abused inside Pennsylvania juvenile detention and treatment facilities, making more than 200 people to have launched such cases since May. The New York-based Levy Konigsberg …
New vehicle registrations in California seem to be leveling off, while consumer tastes for Telsas cooled slightly. California’s new light vehicle registrations fell by 1.7% from a year earlier, totaling 1,320,708 units, an outlook covering the first three quarters of …
A jury in Nevada has delivered a $5.2 billion award in the latest large-sum lawsuit against a former Las Vegas-based bottled water company that was found responsible for causing liver damage in customers before it was recalled from store shelves …
The family of a teenager who died by suicide was awarded $5.4 million this week after a Rhode Island jury found his football coach and several school administrators were negligent in the way they responded before the 15-year-old’s death. Nathan …
A U.S. judge approved on Friday a $102 million settlement by the companies that owned and operated the ship that struck Baltimore’s Francis Scott Key Bridge in March, killing six people. The payment, approved by U.S. District Judge James Bredar, …
A mobile phlebotomy lab and its owners have agreed to pay at least $135,000 to resolve False Claims Act allegations that they submitted false claims for services and associated travel mileage and paid kickbacks to a third-party marketer of the …
CHICAGO (AP) — Federal investigators say the operator of a Chicago commuter train that crashed almost a year ago had alcohol in his system but it wasn’t a factor in the incident. The Chicago Transit Authority train crashed into a …
