August 14, 2024
Moody’s RMS Event Response estimates U.S. private market insured losses from Hurricane Debby won’t exceed $1.5 billion, which represents insured losses associated with wind, storm surge, and precipitation-induced flooding. Moody’s also estimates losses to the National Flood Insurance Program from …
August 14, 2024
Johnson & Johnson is preparing to unveil widespread support in coming days for a $6.48 billion offer to settle tens of thousands of legal actions alleging its Baby Powder and other talc products caused cancer, two people familiar with the …
August 14, 2024
Just as a Southeastern U.S. blood center tries to recover from another cyberattack on a health system, others who have lived through the pain offered some words of wisdom in a webinar Tuesday that could help providers minimize disruption as …
August 14, 2024
About 375,000 homes and businesses were in the dark in Puerto Rico after Tropical Storm Ernesto brushed past early Wednesday, pounding the island with torrential rain and winds. The storm is likely to become a hurricane in the coming hours …
August 14, 2024
Ford Motor and Mazda issued advisories to drivers of certain vehicles still affected by faulty Takata airbags and inflators that can cause potentially severe or fatal injuries. The National Highway Safety Administration has previously warned that air bag inflators could …
August 14, 2024
The Texas attorney general is investigating CenterPoint Energy Inc. citing potential violation of the state’s law in the utility’s response during Hurricane Beryl, when millions in the Houston area were left without power — some for days in the sweltering …
August 14, 2024
South Korea will urge automakers operating in the country to identify batteries used in their electric vehicles, the government said on Tuesday, as authorities seek to calm public safety concerns after a series of fires involving EVs. The government said …
August 14, 2024
For decades, Georgia’s insurance industry has sought to eliminate the long-standing provision allowing trucking-accident plaintiffs to sue insurance companies directly. This was the single most important issue the industry wanted to see addressed by lawmakers. Now, with the passage of …
August 14, 2024
The Federal Emergency Management Agency approved more than $61 million for Iowa residents who experienced damage from this spring’s flooding, severe storms and tornadoes. FEMA said has provided $56 million in Individual Assistance money to help survivors with home repairs, …
August 14, 2024
General Motors has been sued by the state of Texas, which accused the automaker of installing technology on more than 14 million vehicles to collect data about drivers, which it then sold to insurers and other companies without drivers’ consent. …