A federal judge on Thursday awarded Pfizer $29 million to resolve a dispute with the U.S. Securities and Exchange Commission stemming from the regulator’s 2013 insider trading settlement with billionaire Steven A. Cohen’s former hedge fund SAC Capital Management. The …
London-based ship reinsurers are canceling coverage and demanding 200% more to reinstate policies, after a U.S. sub sank an Iranian warship off Sri Lanka, say people familiar with the matter.
The National Highway Traffic Safety Administration will hold a national autonomous vehicle safety forum that will include the CEOs of self-driving companies Waymo, Zoox and Aurora on Tuesday. The Trump administration is looking for ways to speed deployment of robotaxis …
Five insurance carriers cannot be expected to defend or indemnify a Georgia boarding school where child sexual abuse took place decades before the liability policies were written, the Georgia Court of Appeals has found in a ruling that reversed a …
Defense attorneys for the man accused of sparking the deadly Palisades Fire in Los Angeles held a news conference Thursday to call for his release from jail in light of new evidence they say shows he is not responsible for …
Ford is recalling 604,533 vehicles in the U.S. because the windshield wiper motor may fail, reducing visibility and increasing the risk of a crash, the U.S. National Highway Traffic Safety Administration said. Related: Ford Recalling 1.74M Vehicles in US Over …
Google is facing a lawsuit from the family of a 36-year-old Florida man who allegedly considered carrying out a “mass casualty attack” and ultimately killed himself under the influence of the company’s Gemini chatbot. According to a suit filed Wednesday …
Demographic shifts and rising service demands are influencing retention and claims performance across the industry, according to a new report. New findings from Sedgwick’s 2025 Loss Adjusting Insights Report show widening gaps in customer expectations that are reshaping how insurers …
NFP hired Michelle Ross as vice president, head of property/casualty broking, for its West region. Ross was previously NFP’s California broking leader. With more than three decades in the commercial insurance industry, Ross has partnered with mid-market businesses across Southern …
Severe storms in Kansas caused $879 million in insurance claims in 2025, the state insurance department said. More than 82,000 total storm claims reported in 2025. The claim amounts was a 99% increase from 2023, which totaled 147,710 claims and …