A U.S. appeals court on Wednesday revived an investor lawsuit over the 2023 collapse of Signature Bank, saying the Federal Deposit Insurance Corp (FDIC) seizure of the lender did not take away shareholders’ right to sue. In a 3-0 vote, …
Abbott said on Thursday it reached a $670 million settlement to partially resolve the ongoing litigation over alleged harms linked to its specialty formulas for preterm infants. The settlement was agreed to by three law firms representing about 2,000 people …
Matt Hasselbeck took some nasty hits to the head during his 17-year NFL career, four years at Boston College and a childhood full of sports, but the quarterback seems to have emerged from more than two decades of collisions relatively …
A general contractor cannot be held liable for an injury of an employee of a subcontractor where the general contractor had little or no control over the subcontractor’s work or job environment. The Massachusetts Supreme Judicial Court this week upheld …
Editor’s note: This is the first installment in a four-part series on the erosion of integrity in property claims. Part I measures the decline. Part II will document the misconduct driving it. Part III will trace the causes to a …
Daniel Ilg started out in the freight brokerage industry at 14 years old, learning from his dad how to match trucking companies with loads of goods that needed to move around the country. About two decades later, now running the …
A teen girl whose lawsuit was a test case in litigation accusing social media companies of deliberately addicting young people and fueling a mental health crisis dropped her claims against the owners of Instagram, Facebook, YouTube and Snapchat on Thursday, …
Late last week, Allstate unveiled Allstate Claims University, a 33,000-square-foot campus in Dallas, complete with hands-on property and auto labs—immersive training environments representing scenarios that claims professionals will face in the real world. In a statement about the opening of …
Marsh named Chetna Gulati-Kapoor global chief claims officer, Marsh Risk. The appointment is effective September 1. Gulati-Kapoor will be based in London, and will report to John Donnelly, president, global placement, Marsh Risk. Gulati-Kapoor will lead Marsh Risk’s global claims. …
The train was sitting just outside a depot in Memphis when the bandits made their move. Emerging from a black Kia Soul under the cover of darkness, the three men clambered on top of CSX Corp. railcars. They broke the …