Nick Pacifico has been working at his family’s Cadillac dealership in Denver since 2003. He’s never seen insurance costs this bad. “Getting coverage is nearly impossible,” said Pacifico, vice president at Rickenbaugh Automotive Group. Two years ago he paid about …
Tyson Foods Inc fell short of Wall Street estimates for quarterly revenue and profit on Tuesday after a fire at a Kansas slaughterhouse hurt sales volumes in its beef business, the company’s biggest segment. Shares of the maker of Ball …
A Federal Aviation Administration official wrote a memo last month saying that Southwest Airlines Co. should ground 49 of its airliners because repairs were performed that didn’t meet legal standards. There is “a high likelihood of a violation of a …
Workers’ compensation insurers are reporting dramatic reductions in opioid use by injured workers. In some cases, all it took was asking doctors to stop renewing prescriptions. A peer-reviewed study by Mitchell International and Utah’s WCF Mutual Insurance Co. found that …
Boeing Co. engineers were nearly done redesigning software on the grounded 737 Max in June when some pilots hopped into a simulator to test a few things. It didn’t go well. A simulated computer glitch caused it to to dive …
Roost Teams Up with Church Mutual Roost, a Silicon Valley company that sells telematics products, has penned an agreement with Church Mutual to provide policyholders with water leak, freeze and power outage detection and alert equipment. Church Mutual will be …
Paula Lawlor was sifting through piles of internal General Motors Co documents in a hotel room outside of Los Angeles when she hit pay dirt: Company records showing that GM knew for years that stronger roofs on its vehicles could …
A House subcommittee is demanding that Juul Labs Inc. turn over documents concerning potential contaminated pods that the e-cigarette company may have sold. In a letter dated Thursday, the panel demanded Juul turn over all documents referring to any potentially …
Every policyholder will likely face a scenario where its primary insurer refuses a settlement offer within limits. The primary insurer is potentially liable for that excess verdict if it acted in bad faith by refusing to settle within limits. Sometimes, …
Purdue Pharma LP and the company’s Sackler family owners will be shielded until April 8, 2020, from sprawling opioid litigation to give the maker of OxyContin time to try to reach a legal settlement the company says is worth $10 …