Insurance
Tesla Must Face Class Action Claims by 6,000 Workers in Race Bias Case
A California state judge has tentatively ruled that nearly 6,000 Black factory workers can sue Tesla as a group for the electric vehicle maker’s alleged failure to address rampant race discrimination and harassment at its Fremont plant. California Superior Court …
Read More Profit Recovery Will Vary Among U.S. Personal Auto Carriers: Fitch
Fitch Ratings said it expects underwriting results for U.S. personal auto insurer to continue to improve this year but the pace to profitability will vary. Auto insurers Progressive and GEICO were the only two of 10 publicly traded carriers analyzed …
Read More Horse Race Authority Says Equine Deaths Are Lower at Tracks Under its Watch
LEXINGTON, Ky. (AP) — Horse racing’s federal oversight body says racetracks under its jurisdiction experienced 1.23 racing-related equine fatalities per 1,000 starts in 2023, a much lower rate than at tracks outside its watch. The Horseracing Integrity and Safety Authority …
Read More Disney Faces Wrongful Death Claim Over Pub Food ‘Guaranteed’ as Allergen Free
The husband of a New York doctor who died shortly after dining at a Disney Springs restaurant last year accused Walt Disney Parks and Resorts of negligence in a 19-page lawsuit filed in Florida. Jeffrey Piccolo is seeking in excess …
Read More Lawsuit by Elon Musk’s X Against Hate Speech Watchdog Heads to Court
A U.S. judge on Thursday will consider whether to dismiss X Corp’s lawsuit against a nonprofit that has criticized a rise in hate speech on the social media platform once known as Twitter since Elon Musk took it over. X …
Read More Companies in Ukraine See Problems Pile Up; Insurance Issues Make Matters Worse
German supermarket chain Metro and its 3,400 employees in Ukraine have worked hard to get their business back to where it was before Russia’s full-scale invasion two years ago. After a sales slump of 10.4% in 2022 – when the …
Read More Texas Wildfire Conditions Seen Worsening After Brief Respite
Dry, windy weather that’s been fanning the worst Texas wildfire in almost two decades will return later this week after a brief respite of rain and snow. Fires raging across the Texas Panhandle have scorched homes and ranches, menaced an …
Read More Howden Acquires Ireland’s Intersure Group
Howden, the London-based insurance intermediary group, announced it has acquired Intersure Group Ltd., trading as Intersure Group, further strengthening its ability to service the Irish insurance market, as it expands its geographical footprint across the country. Financial details of the …
Read More St. Louis Suburb to Pay $4.5M Settlement Over ‘Debtors Prison’ Suit
ST. LOUIS (AP) — The St. Louis suburb where Michael Brown was fatally shot by a police officer has agreed to pay $4.5 million to settle a class-action lawsuit that accused it of operating a so-called debtors’ prison. The legal …
Read More Google Hit With $2.3B Lawsuit by 32 European Media Groups
BRUSSELS – Alphabet’s Google was hit with a 2.1-billion-euro ($2.3 billion) lawsuit by 32 media groups including Axel Springer and Schibsted on Wednesday, alleging that they had suffered losses due to the company’s practices in digital advertising. Shares of the …
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