Insurance
Federal Judge Has ‘Grave Concerns’ About Missouri Roundup Deal
A federal judge overseeing thousands of cancer lawsuits against Bayer AG and its Roundup weedkiller said he had “grave concerns” about whether a proposed $7.25 billion class-action settlement in Missouri could properly address future claims outside the state. At a …
Read More For Autonomous Robots, Not All Rules Are Equal
From driving cars to flying drones, as autonomous robots take on more responsibility, they also face more human-like dilemmas — including what to do when rules collide. For a self-driving vehicle, this conundrum might pop up when a pedestrian suddenly …
Read More Kalshi Grilled by Massachusetts High Court Over What Gambling Is
The Massachusetts Supreme Court appeared skeptical of Kalshi Inc.’s claim that its prediction markets don’t fall under state gambling laws because the company is instead providing financial arrangements between people using “swap” contracts on events like sports. The case is …
Read More Oregon Regulator Shutting Down Health Sharing Company’s ‘Unlicensed’ Insurance Program
Oregon regulators ordered a health sharing company to stop selling coverage to residents, saying the company’s membership plans were functioning as unlicensed insurance. ClearShare Health was ordered to stop selling coverage by the Oregon Division of Financial Regulation, which began …
Read More American Farmers Shun USDA Surveys as Trust in Data Erodes
American farmers are ignoring US Department of Agriculture surveys in the latest sign of distrust in government data. Reply rates for the USDA’s annual prospective planting report sank in March to a record low, with just over a third of …
Read More Massive Explosion at NYC Home Sends Police Officers Flying
A massive, fiery explosion at a house in Queens sent several New York City police officers flying through the air early last Thursday morning as they were responding to a call of a man inside armed with a knife and …
Read More UK Court Orders Samsung to Pay China’s ZTE a $392M Lump Sum After Patent Trial
Samsung Electronics must pay a $392 million lump sum for a license to use ZTE’s patents for mobile phones, London’s High Court ruled on Friday [May 1] in the English leg of the companies’ global licensing dispute. ZTE has brought …
Read More New Mexico Seeks Changes to Meta Platforms in Youth Harm Trial
A trial is slated to begin in New Mexico on Monday that will test the state’s claims that Meta’s Facebook, Instagram and WhatsApp platforms harmed young users’ mental health and its bid for a court order forcing the company to …
Read More Oliver Wyman to Acquire Restructuring Specialist CR3 Partners
Global management consulting firm Oliver Wyman has agreed to acquire CR3 Partners, a consulting firm specializing in restructuring, management consulting, and bankruptcy advisory services. The terms of the transaction, which is expected to close later this quarter, were not disclosed. …
Read More Most Are Overcharged for Property Insurance, Vanderbilt Study Says
A new analysis suggests Americans are being overcharged by $150 billion annually to insure their homes, autos and businesses — and it proposes federal guardrails so that a public beset by affordability pressures could see savings. The analysis by the …
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