California Insurance Commissioner Ricardo Lara on Friday announced what he’s calling “first of its kind” catastrophe modeling and ratemaking regulation that will allow carriers to use the models as a factor in setting and getting rates. The regulation is a …
Target has failed to persuade a judge in Florida to dismiss a lawsuit that accused the retailer of deceiving shareholders after its sales of LGBTQ-themed merchandise for Pride Month sparked a backlash and a customer boycott. U.S. District Judge John …
CVS Health Corp. pharmacies illegally dispensed controlled substances including opioids, fueling an overdose crisis as short-staffed stores ignored red flags, the U.S. Department of Justice alleged in a whistleblower lawsuit unsealed Wednesday. The largest U.S. pharmacy chain deliberately set staffing …
The U.S. government is urging senior government officials and politicians to ditch phone calls and text messages following intrusions at major American telecommunications companies blamed on Chinese hackers. Right now. In written guidance released on Wednesday, the Cybersecurity and Infrastructure …
Claim frequency in California workers’ compensation remains significantly higher in the Los Angeles Basin than in the northern part of the state, a new study shows. The Workers’ Compensation Insurance Rating Bureau of California released its WCIRB Geo Study 2024, …
A group of Google Help staffers reached a union contract with their employer, Accenture Plc, securing protections on remote work and workplace surveillance that could be a template for others in Alphabet Inc.’s sprawling contract workforce. The collective bargaining agreement …
McKinsey & Co. has agreed to pay $650 million to resolve a U.S. Department of Justice investigation into the consulting firm’s work advising opioid manufacturer OxyContin maker Purdue Pharma on how to boost sales. McKinsey has entered into a five-year …
Battery power is set to gradually replace diesel-fueled generators on many U.K. train routes as the rail industry seeks to cut greenhouse gas emissions and reduce toxic pollutants. Some locomotive manufacturers are reportedly trialing lithium-ion batteries, but there are concerns …
Funds stolen by hacking cryptocurrency platforms surged 21% from a year ago to $2.2 billion in 2024, a report from blockchain analysis firm Chainalysis showed on Thursday. The hacking amount exceeded $1 billion for the fourth straight year and the …
American Airlines has agreed to settle a race discrimination lawsuit by three Black men who were temporarily removed from a flight at the insistence of white flight attendants, according to a court filing on Thursday. The terms of the agreement …