Monthly Archives: <span>February 2024</span>

Tesla, News Corp. Caught in NYC Crackdown on Job Ads Pay Ranges

Tesla Inc. and News Corp. face some of the earliest regulatory enforcement actions under New York City’s closely watched pay transparency law. The city alleges the businesses ignored the requirement to include salary ranges in job ads or posted such …

Snowstorm Descends on NYC as Hundreds of Flights Canceled

A powerful winter storm descended on the US Northeast on Tuesday, dropping snow across the region while snarling commutes, shutting schools and canceling hundreds of flights. Parts of Pennsylvania could see more than a foot (30 centimeters) of snow, while …

Prime Insurance Avoids $60M Judgment in Liposuction Death Case in Georgia

Prime Insurance Co. is not liable for $60 million in damages after two patients died following liposuction at a Georgia clinic, thanks in part to the clear wording of the insurance policy and timely action by the insurer, a federal …

Study: Vermont, Montana, New Hampshire Had Highest Crash Fatality Rates

Vermont, Montana, and New Hampshire were the top three states with the highest fatality rates in traffic accidents in a study of National Highway Traffic Safety Administration data. The study covered NHTSA data from 2017 to 2021. It showed Vermont …

Walmart, Energizer Must Face Lawsuits Over Battery Prices

Walmart WMT.N and Energizer ENR.N were ordered by a U.S. judge to face lawsuits by consumers and retailers accusing them of violating antitrust law by conspiring to raise prices of disposable batteries. In a decision on Friday, U.S. District Judge …

Rhode Island Insurance Division Issues ‘Professional Courtesies’ Bulletin

The Rhode Island Insurance Division issued a bulletin to inform property/casualty insurers about “professional courtesies” expected from licensed Insurance claims adjusters and licensed P/C insurance companies while interacting with claimants or their legal representatives during the claims process. The division, …

Ryze Claim Solutions to be Recapitalized by Bain Capital Insurance

Ryze Claim Solutions entered a definitive agreement to be recapitalized by Bain Capital Insurance, the dedicated insurance investing unit of Bain Capital. Following the transaction, Ryze will be majority-owned by Bain Capital Insurance with members of the management team and …

Viewpoint: The Cyber Risk Pendulum

Privacy risk is so 2014, right? Ten years ago, numerous retail and healthcare companies were hit with data breaches related to the exposure of credit card or healthcare data. Given many data breach claims, which included fines by state attorney …

Apple is Settling Chip Secrets Theft Case Against Startup Rivos

Apple Inc. said it’s reached an agreement that potentially settles its 2022 lawsuit accusing startup Rivos Inc. of poaching engineers to steal trade secrets. In a joint court filing Friday, the companies told a judge they’re aiming to finalize an …

Rising U.S. Losses From Powerful Hurricanes Flag Need for Better Protection

Only a few U.S. states are taking significant steps to reduce hurricane risks, as a study this week showed the most damaging storms are now three times as frequent as a century ago and have become the costliest type of …