Illinois lawmakers this week passed a pair of bills that gives the insurance department the authority to review homeowners and auto rate filings to determine whether they are excessive. The insurance industry has heavily opposed the legislative measures, warning that …
Cruise operator Carnival Corp said on May 27 it had detected a cybersecurity incident involving a compromised account of an employee in April, leading to the leak of certain personal information of individuals, including names, addresses and government-issued identification numbers. …
A U.S. appeals court on Thursday overturned a $59 million verdict that medical device maker Insulet won against Korean rival EOFlowfor allegedly stealing trade secrets related to its insulin-pump technology. The Washington-based U.S. Court of Appeals for the Federal Circuit …
The Department of Justice filed a lawsuit against the University of California for what it says is discrimination against Jewish and Israeli students at its University of California Los Angeles campus. The suit says the environment on the UCLA campus …
Four Southern California drivers were arraigned in an alleged staged collision scheme tied to coordinated insurance fraud. The collisions reportedly endangered an innocent driver. The defendants are: Jhoiner Rodriguez Celis, 31, of Anaheim; Melissa Cervantes De La Torre, 30, of …
Florida, like most states, has seen more than a decade of annual decreases in workers’ compensation average rates. But costs may no longer be falling, thanks in part to higher wages and escalating medical payments, a new study from the …
Palm Beach can count on its billionaires to keep picking up the tab for schools, firefighters and parks if Florida slashes property taxes. Many other local governments will have a tougher time making up the difference. After more than a …
The U.S. National Highway Traffic Safety Administration said on Thursday it has opened a preliminary probe into 114,922 Rivian vehicles over an issue with the rear toe link. The issue relates to the company’s R1S and R1T electric vehicles. The …
Temu, the Chinese e-commerce giant, was fined €200 million ($232 million) by the European Union for failing to stop sales of unsafe baby toys and chargers on the platform. The European Commission, which polices EU rules targeting tech firms, said …
Anthropic plans to widely release new artificial intelligence models in the coming weeks with cybersecurity capabilities comparable to Mythos, a technology the company previously said was too dangerous to make available to the general public. The company said Thursday that …