Articles by David Shepardson

Jeep Owners Should Park Outside Pending Recall Fix, NHTSA Says

The U.S. National Highway Traffic Safety Administration said owners of 154,000 Jeep plug-in hybrid electric SUVs should park outside and away from buildings or other vehicles until they get recall repairs completed. Jeep-parent Stellantis on Monday said it was recalling …

State Farm, Citizens Brace for Losses From Hurricane Helene

State Farm General Insurance Co. and Citizens Property Insurance Corp. are bracing for the insurance industry’s largest losses from damage caused by Hurricane Helene, which is quickly becoming one of the costliest storms in U.S. history. State Farm was the …

Jury Awards $300M to Women Who Alleged Sex Abuse by Children’s Hospital Doctor

A jury has ruled in favor of three women who alleged they were sexually abused while patients at a Virginia children’s hospital, awarding them a total of $300 million in damages. The jury in Richmond Circuit Court last week awarded …

Hurricane Devastates Southern Cotton Crops Just Before Harvest

Cotton growers are facing devastating losses and delays from Hurricane Helene just as harvest was beginning, marking the latest blow to profits in an already weak market. The storm ripped through the cotton-growing regions of Georgia and the Carolinas after …

Stellantis’ $854 Million UK Lawsuit Over Airbag, Seatbelt Cartels Begins

Stellantis’ 771 million euro ($854 million) London lawsuit against two safety equipment makers began on Tuesday, with the European carmaker arguing long-running cartels led to it being overcharged for roughly a decade. The automaker, which was formed by the 2021 …

US Reaches $31.5 Million Settlement With T-Mobile Over Data Breaches

T-Mobile has reached a $31.5 million settlement to resolve a probe by the Federal Communications Commission into significant data breaches over three years that impacted tens of millions of U.S. consumers, the agency said on Monday. T-Mobile will pay a …

Bristol Myers Beats $6.4 Billion Lawsuit Over Delayed Cancer Drug

Bristol Myers Squibb won the dismissal on Monday of a $6.4 billion lawsuit claiming it cheated former Celgene shareholders by delaying federal approval for the cancer drug Breyanzi and two other drugs developed by Celgene. U.S. District Judge Jesse Furman …

WCF Insurance Names Ashby Senior VP of Claims, Pugh Becomes COO

WCF Insurance named J.D. Ashby as senior vice president of claims. WCF also named Charles Pugh chief operating officer. Ashby started in 2002 in the legal department, transitioning into claims in 2015. He also worked in the firm’s human resources …

GM’s Cruise Gets More Oversight After Robotaxi Dragging Incident

General Motors Co.’s robotaxi company will undergo tougher oversight and pay a fine to settle claims by US auto safety regulators that it failed to properly disclose information about a crash involving one of its cars that struck and dragged …

Tesla Defeats Investor Lawsuit Over Musk’s Autopilot Marketing

Tesla Inc. won dismissal of a shareholder lawsuit alleging misleading statements about self-driving capabilities propped up its stock price, though the company still faces numerous other complaints and regulatory investigations of its marketing. Tesla Chief Executive Officer Elon Musk declared …