January 31, 2023
Facebook on Monday asked a London tribunal to block a collective lawsuit valued at up to 3 billion pounds ($3.7 billion) over allegations the social media giant abused its dominant position to monetize users’ personal data. Meta Platforms Inc., the …
January 31, 2023
While executives of Tesla said the car maker’s insurance business isn’t yet big enough to warrant separate financial disclosure of its results, Chief Executive Officer Elon Musk reiterated a benefit for Tesla owners: cheaper premiums. Speaking on an earnings conference …
January 31, 2023
This post is part of a series sponsored by IAT Insurance Group. The perfect storm of inflation, supply-chain disruptions and ongoing labor shortages is adding additional risk factors to construction projects in 2023. Despite year-over-year growth, the construction industry is …
January 31, 2023
The South Carolina Workers’ Compensation Commission will hold a hearing Feb. 13 on the proposed, 2023 medical service provider manual, which includes new fee schedules and an anesthesia conversion factor. FairHealth, consultants hired in several states to analyze workers’ compensation …
January 31, 2023
A woman who was seriously injured when the parked patrol car she was detained in was hit by a freight train filed a lawsuit against police, accusing three officers of acting recklessly and failing in their duty to take care …
January 31, 2023
A federal lawsuit in Nevada is seeking class-action damages for countless hotel patrons who booked rooms in Las Vegas since 2019, alleging that most hotel-casinos on the Las Vegas Strip have used a third-party vendor to illegally fix prices. The …
January 31, 2023
Investigators looking into the collapse of a Pittsburgh bridge nearly one year ago are looking closely at damage to the legs of the structure, the National Transportation Safety Board said Thursday. An agency update on the Jan, 28, 2022, failure …
January 31, 2023
AIG late Monday terminated interim Chief Financial Officer Mark Lyons after he “violated his confidentiality/non-disclosure obligations,” the company said. Lyons was just appointed interim CFO earlier this month when CFO Shane Fitzsimons took a temporary medical leave of absence. Lyons …
January 30, 2023
As Louisiana lawmakers adjourn Monday for a special session to address the state’s property insurance crisis, a commentary from AM Best says Louisiana’s plan to appropriate $45 million in funds to incentivize insurance companies to take on more property risk …
January 30, 2023
The U.S. Environmental Protection Agency announced a proposed $5.4 million settlement with The Dow Chemical Co. to recover costs for EPA’s cleanup work at the Tittabawassee River, Saginaw River & Bay Superfund site in Midland, Michigan. EPA began a 30-day …