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Snap Says It’s Wrongly Dragged Into Social Media Addiction Suits

nap Inc. says it can’t be sued for allegedly addicting young users and contributing to a mental-health crisis because its “ephemeral” messaging service is “fundamentally different” from other platforms including TikTok and Instagram that are at the center of a …

Florida Lawmakers May End Disney Ride Inspection Exemptions in DeSantis Crusade

Gov. Ron DeSantis and Florida lawmakers ratcheted up pressure on Walt Disney World on Monday by announcing legislation that will use the regulatory powers of Florida government to exert unprecedented oversight on the park resort’s rides and monorail. Lawmakers will …

Catastrophe Losses Cause Q1 Drop in Travelers’ Net Income

First quarter net income at Travelers Cos. fell 4% to $975 million as catastrophes cost the insurer a total of about $535 million during the first three months of the year. Catastrophe losses, coupled with a $48 million first quarter …

New York Names InnSure to Manage Clean Tech Insurance Innovation Project

New York Governor Kathy Hochul announced that the nonprofit InnSure will administer the state’s $6.5 million insurance innovation fund that includes grants to encourage the development of new insurance policies and products that support new clean technologies. The initiative, announced …

EU Announces $1.2B Plan to Counter Growing Cyber-security Threats

The European Commission on Tuesday announced a 1.1-billion-euro ($1.2 billion) plan to counter growing cybersecurity threats, underscoring mounting concerns about a series of high-profile hacking incidents. The growing use of cyber warfare in the military conflict between Russia and Ukraine …

Viewpoint: D&O Market Conundrum — Softening Rates With Rising Claims Severity

Executive Summary: An uncertain economic landscape leading to a rise in claims, decreasing rates, and proposed US Securities and Exchange Commission regulations on environmental, social and governance disclosures (ESG) are just some of the challenges facing directors and officers liability …

Small Town Debates Students’ Pastry Mural. Is It Art or Zoning Violation?

CONWAY, N.H. (AP) – Bakery owner Sean Young was thrilled when high school art students covered the big blank wall over his doorway last spring with a painting of the sun shining over a mountain range made of sprinkle-covered chocolate …

J&J Talc Unit Asks Judge to Halt Cancer Lawsuits as it Pursues $8.9B Settlement

A Johnson & Johnson subsidiary is again asking a U.S. judge to pause tens of thousands of lawsuits alleging the company’s baby powder and other talc products cause cancer, as it seeks to resolve the litigation in bankruptcy after a …

Russian Hackers Target Western Critical Infrastructure, UK Warns

The UK government’s cyber defense agency warned on Wednesday of an emerging threat to Western critical national infrastructure posed by hackers sympathetic to Russia and its war on Ukraine. Russia-aligned “hacktivists” have carried out largely harmless online campaigns that have …

Fox News to Pay $787 Million to Settle Election Suit, Dominion Says

Fox News’s agreement to pay $787.5 million to settle a voting machine maker’s defamation lawsuit over the network’s 2020 election broadcasts leaves a similar, $2.7 billion suit by voting technology company Smartmatic Corp. to reckon with. Tuesday’s settlement with Dominion …

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