Horizon Blue Cross Blue Shield of New Jersey agreed to pay $100 million to resolve allegations in a newly unsealed lawsuit initiated by whistleblowers that accused the insurer of ripping off New Jersey taxpayers. The settlement with the New Jersey …
The Delaware Supreme Court has revived a workers’ compensation insurer’s claim for subrogation in a case where an employee injured while driving for her employer received payment from her employer’s uninsured motorist insurer after receiving her workers’ compensation benefits. The …
Los Angeles County is conducting an investigation into State Farm’s handling of insurance claims from the devastating L.A. wildfires in January. The investigation was ordered by the L.A. County Board of Supervisors, and it focuses on potential violations of California’s …
Tesla said on Thursday it is recalling about 10,500 units of its Powerwall 2 battery power systems in the U.S. for fire and burn hazards after receiving 22 reports of overheating. The U.S. Consumer Product Safety Commission said the recall …
The ransomware shut down key internal systems managing Asahi’s orders and shipments. The company was forced process transactions manually, and has yet to provide a timeline for full restoration.
A Berkshire Hathaway Energy Co.-owned utility is at risk of losing its investment-grade credit rating as it expects to have to pay up more money for litigation brought by victims of 2020 wildfires in Oregon. PacifiCorp recently warned that it …
A new survey reveals consumer frustration with auto insurance pricing models and growing support for more transparency in how policies are priced and for telematics. The new research from mobility data and analytics company Arity suggests that drivers who feel …
Amazon.com was sued on Wednesday in a proposed class action saying the retailer subjects thousands of warehouse employees with disabilities to a “punitive” policy governing workplace absences. Amazon, the largest private-sector U.S. employer behind Walmart, was accused of docking unpaid …
A jury in federal court in Chicago ordered Boeing on Wednesday to pay more than $28 million to the family of a United Nations environmental worker who was killed in the 2019 crash of a 737 MAX jet in Ethiopia. …
As London struggles to adapt to the reality of more frequent and powerful floods, its wealthier corners are emerging as some of the most at risk. Last month in the affluent London neighborhood of South Hampstead, homeowners packed a community …