A federal appeals court on Monday threw out a settlement requiring insurers to pay $65 million to a court-appointed receiver for companies once run by Allen Stanford, the Texas financier serving a 110-year prison term for running a large Ponzi …
DES MOINES, Iowa — Like farmers throughout the Midwest, this spring’s torrential rains turned Andrew Dunham’s land into sticky muck that set him back nearly a month in planting his crops. Unlike other farmers, though, Dunham won’t get a piece …
In 2008, the year the stock market crashed and Barack Obama won the presidency, the U.S. was hit with a weather phenomenon little noted by anyone beyond the insurance industry. The country’s losses from hail breached $19 billion in inflation-adjusted …
Miyoko Schinner is a perfect illustration of the American dream. To the U.S. dairy industry, however, she is something altogether different. A Japanese immigrant, Schinner started a small company that blossomed into a wildly successful vegan cheese maker, one with …
If Big Brother isn’t watching, maybe his little sister is listening. An international law firm has filed a federal lawsuit against Amazon.com Inc., alleging that the company’s Alexa virtual assistant product violated privacy laws in Massachusetts and seven other states …
Lawyers representing county and municipal governments accusing drug manufacturers and distributors of fueling the U.S. opioid epidemic proposed a novel plan on Friday that would allow every community nationally to participate in negotiating billions of dollars in settlements. The proposal …
One afternoon in late October 2017, hundreds of students from the elite Avenues private school in Manhattan were loaded onto buses, ready to head home. Suddenly, school principal Abby Brody got a disturbing smartphone alert. The crime-tracking app Citizen buzzed …
LOS ANGELES — Several big-name musicians voiced dismay on Wednesday that some of their recordings may have been among thousands of original masters that The New York Times Magazine reported were lost in the Universal Studios Hollywood backlot fire of …
The 58 rare coins at the center of two federal lawsuits are exceptionally valuable. Now a bankrupt company’s receiver wants them. And an antique dealer wants them. And so does Martin Armstrong, a self-taught economist with a cult following who …
The nation’s largest insurer has stepped up its investment in telematics, announcing this week an upgrade to its usage-based insurance program that allows policyholders to check on their driving habits trip-by-trip instead of waiting for a periodic score card. State …