racial bias News

Losses From Civil Protests May Cause Insurers to Rethink Property Coverage

The civil disturbance that started in Minneapolis after the killing by police of George Floyd spread to 20 other states, leading to an unprecedented property insurance catastrophe. The experience will likely impact policy renewals and could even persuade some insurers …

Second Racial Bias Case Against Cable TV Wins Second Look

The U.S. Supreme Court on Monday ordered a lower court to reconsider its decision to let comedian-turned-media executive Byron Allen’s $10 billion lawsuit accusing cable television operator Charter Communications Inc. of discriminating against black-owned channels move forward. The justices sent …

Supreme Court Returns Racial Bias Lawsuit Against Comcast TV to Lower Court

The U.S. Supreme Court on Monday threw out a lower court’s ruling that had given the green light to comedian-turned-media entrepreneur Byron Allen’s $20 billion racial bias lawsuit against Comcast Corp. that accused the cable television operator of discriminating against …

Supreme Court to Review Racial Bias Claim Against Comcast

The U.S. Supreme Court on Monday agreed to hear a bid by cable operator Comcast Corp. to throw out racial bias claims accusing the company of discriminating against black-owned television channels. The justices will review a decision by the San …

JPMorgan Settles Black Advisers’ Job Bias Lawsuit for $24 Million

As racial diversity tumbles on Wall Street, JPMorgan Chase & Co. has reached a settlement with financial advisers who say they were treated poorly because they’re black. Six current and former employees at the largest U.S. bank filed what they …

Insurers Pay $600K in Small Town West Virginia Racism Case

Insurance companies will pay $600,000 to a former officer who sued the Sophia Police Department over claims he was harassed and fired because he is black, Mayor Danny Barr said. That payout is more than the small West Virginia town’s …