Vanguard Claims Administration acquired the business of Gibson & Associates Professional Claims Management. Gibson & Associates is a Springfield, Missouri-based third-party administrator with a 25-year history in the Lloyd’s and domestic markets. Its claims work includes general liability, professional liability, …
In 2025, corporations paid more than $70 billion to settle class actions — the highest figure in American history — while federal courts processed over 13,000 new filings, averaging 36 every single day. For claims managers, these numbers underscore an …
For years, the digital-asset industry has sought to shake up finance by stripping away the intermediaries, delays and controls that govern the movement of money on Wall Street. The pitch: faster transactions, final settlement and fewer middlemen with the power …
Parents in North Carolina sued Google after their 13-year-old daughter spent months discussing suicidal thoughts with the company’s artificial intelligence tools on her school-issued Chromebook, underscoring the potential risks of the technology as parents and educators debate AI’s place in …
Crédit Mutuel Arkéa said hackers stole money from it after gaining access to its computer systems, underscoring the growing cybersecurity risks for the banking sector. The French lender “was the victim of a cyberattack that enabled fraudulent transactions to be …
The El Niño weather pattern that could cause a record rise in ocean temperatures in coming months poses a “meaningful risk” of higher U.S. inflation in 2027 even as it also will likely add to employment, according to research published …
Even as the number of reported cargo thefts fell 25%, the average value of stolen commodities rose 72% through the first nine months of 2026, as thefts of high-value goods pushed up severity, a new report shows. Verisk CargoNet reported …
Lockheed Martin has agreed to pay nearly $30 million to settle claims by President Donald Trump’s administration that the defense contractor discriminated against white workers through its workplace diversity, equity and inclusion (DEI) policies, according to two federal agencies. The …
3M Co. is committing $7.35 billion over nine years to settle litigation related to its use of chemicals known as PFAS. The company said the commitment would address almost all of the 115,000 to 120,000 personal injury claims that are …
German drugs and agrochemicals group Bayer is expecting a $7.25 billion settlement on its Roundup weedkiller to come before Christmas, CEO Bill Anderson said on Tuesday. Related: Bayer Wins Roundup Trial as Settlement Decision Looms The company is seeking to …