Wind turbines are the largest driver of offshore loss claims, representing 57% of claims by count, according to a new report. AXIS Capital released an offshore wind report, an analysis of four years of claims trends across its international portfolio …
An Indiana church that sought payment at replacement-cost level for fire damage to its property learned the hard way that procrastination can carry a price tag when it comes to settling insurance contracts. A federal appeals court ruled last week …
A New York federal judge ordered a group of states to engage in settlement talks with Live Nation Entertainment Inc. to potentially resolve claims the company illegally monopolized the live event industry. U.S. District Judge Arun Subramanian declined to rule …
Demographic shifts and rising service demands are influencing retention and claims performance across the industry, according to a new report. New findings from Sedgwick’s 2025 Loss Adjusting Insights Report show widening gaps in customer expectations that are reshaping how insurers …
Live Nation Entertainment Inc.’s Ticketmaster was so dominant in the U.S. live concert business that rival SeatGeek Inc. was offering arenas “retaliation insurance” for any events they lost by switching ticket sellers, according to testimony at a landmark antitrust trial. …
Ford is recalling 604,533 vehicles in the U.S. because the windshield wiper motor may fail, reducing visibility and increasing the risk of a crash, the U.S. National Highway Traffic Safety Administration said. Related: Ford Recalling 1.74M Vehicles in US Over …
A federal judge on Thursday awarded Pfizer $29 million to resolve a dispute with the U.S. Securities and Exchange Commission stemming from the regulator’s 2013 insider trading settlement with billionaire Steven A. Cohen’s former hedge fund SAC Capital Management. The …
Authorities searched through rubble and debris in southern Michigan on Saturday after suspected tornadoes tore through the region and killed four people, including a 12-year-old boy, during powerful storms also blamed for two deaths in eastern Oklahoma. First responders from …
Live Nation Entertainment Inc. has reached a settlement with federal antitrust authorities, the Justice Department said Monday, throwing a wrench mid-trial into an antitrust case that accused the company of illegally monopolizing the live music industry and sought to force …
Electrically powered air taxis will start taking to the skies in some states and cities across the U.S., including in New York, after the government approved several pilot projects under a program meant to accelerate their integration into the U.S. …