September 20, 2024
Johnson & Johnson has boosted to more than $8.2 billion its offer to settle thousands of lawsuits by people who say its baby powder gave them cancer, according to people familiar with the matter. The offer, an increase from the …
September 20, 2024
With the vast majority (91 percent) of insurance companies already investing in AI or planning to in the next five years, it’s not surprising that nearly 7 in 10 actuaries and underwriters are worried about being replaced by artificial intelligence, …
September 20, 2024
Live Nation Entertainment has asked a federal judge in New York to dismiss several states’ claims that the live event promoter harmed event-goers by stifling competition with its ticket-selling arm, Ticketmaster. Live Nation seeks to dismiss part of the lawsuit …
September 19, 2024
A startup founded by a former Google executive aims to use artificial intelligence to improve weather forecasting, joining technology behemoths like Nvidia Corp. and Huawei Technologies Co. in an increasingly crowded field. Brightband has raised a $10 million series A …
September 19, 2024
More than a quarter million U.S. properties have repeated claims for federal flood insurance, costing the National Flood Insurance Program billions of dollars in claims, according to new federal data compiled by the National Resources Defense Council. Four states account …
September 19, 2024
The latest trial over claims that the discontinued heartburn drug Zantac causes cancer ended with a hung jury on Wednesday, as jurors in Chicago were unable to agree on whether Boehringer Ingelheim must pay damages to an Illinois man who …
September 19, 2024
An environmental group is suing Tyson Foods for allegedly misleading consumers by saying it will reach net-zero emissions by 2050 and marketing climate-friendly beef without meaningful plans to achieve those goals. The suit was filed on Wednesday by the Washington-based …
September 19, 2024
A comment and promise made by former President Donald Trump on Tuesday received a lot of not-so-positive attention from the insurance industry. “Your Automobile Insurance is up 73% — VOTE FOR TRUMP, I’LL CUT THAT NUMBER IN HALF!,” the current …
September 18, 2024
Insurance technology provider Zywave said Martin Simoncic is its new chief executive officer and Christian G. Kasper has joined as chief financial officer. Simoncic most recently served as president of PROS Holdings, a software-as-a-service (SaaS) solutions company using artificial intelligence. …
September 18, 2024
The US sued the owner and the operator of a Singapore-flagged ship that rammed into a Baltimore bridge in March, the most aggressive action to date in response to a disaster that killed six workers and threw the region’s transportation …