Vehicle manufacturer Tesla has won dismissal of a product liability lawsuit claiming that a defective touchscreen in a 2021 Tesla caused an accident. Judge Nelson Roman in federal district court in New York granted Tesla summary judgment because the woman …
Venezuela’s oil industry is running its day-to-day operations via phone calls and handwritten reports in the month since a cyberattack on state-owned oil giant Petróleos de Venezuela SA. A Dec. 15 attack shut down PDVSA’s system, leaving the company to …
American International Group (AIG) announced a strategic partnership with global private markets firm CVC. The partnership, announced Jan. 19, includes the establishment of large-scale separately managed accounts (SMAs) across CVC’s credit strategies, for which AIG will allocate up to $2 …
More than three dozen people died in Spain after a high-speed train derailed and hit another coming from the opposite direction. Prime Minister Pedro Sánchez canceled his trip to Davos and declared three days of mourning. The last two carriages …
Mike Bundra, auto technical claim director at Allstate Insurance Company, has been named to the Plasnomic Plastic Repair Alliance Council. Bundra joins a group of executives from some of the industry’s largest organizations, working to unify best practices for automotive …
Greensill Bank, a subsidiary of collapsed finance firm Greensill Capital, is suing Britain’s business department for just over 330 million pounds ($441.7 million) after it canceled guarantees for COVID-19 business loans, court documents showed. The administrators of the German-based bank …
An integrated healthcare consortium headquartered in Oakland, California, that are affiliates of Kaiser Permanente agreed to pay $556 million to resolve allegations that they violated the False Claims Act by submitting invalid diagnosis codes for their Medicare Advantage Plan enrollees. …
Deadly floods prompted South Africa’s iconic Kruger National Park to shut to further visitors, after extreme rainfall killed dozens in the northeast of the country and neighboring Mozambique. The South African Weather Service on Thursday issued its highest weather warning …
Lloyd’s, the insurance and reinsurance marketplace, announced that Jim Bichard has been appointed as chief financial officer. He will start in April 2026 and will become a member of Lloyd’s Executive Team, reporting directly to Patrick Tiernan, chief executive, and …