Claims / Legal
2023 Class Action Counts Dip; Settlements Still Cost Billions
Class-action and government enforcement lawsuits continued to take a toll on corporate defendants in 2023, with ten $1 billion settlements and a total cost of $51.3 billion, according to a report ...
Another Title Insurer Hacked: Fidelity National Says 1.3M Affected
Title insurer Fidelity National Financial (FNF) said about 1.3 million customers have been impacted by a cyber attack it suffered last November. According to a filing with the U.S. Securities and ...
Polar Vortex to Be Felt Across Most of U.S. This Weekend
The polar vortex is about to unleash an Arctic chill across much of the U.S. this weekend, leaving football fans shivering in the Midwest and inflicting subzero temperatures on Iowa voters just ...
Product Management Helped InsurTech CEO See ‘How All the Pieces Fit Together’
Thomas McGrath started his first business as a teenager. Back then, he'd purchase skateboards on eBay, slap on custom designs and resell them in bulk at local skate parks. The experience showed him ...
‘Concerning Trend’ in Auto Theft Rates Pressuring Insurers
Vehicle theft rates continue to put pressure on the personal auto insurance market. CCC Intelligent Solutions said in its year-end report that the number of vehicle thefts in the U.S. increased 2 ...
Bernie Madoff Is Long Gone. The Lawyers Are Going Strong
Long before cryptocurrency and Sam Bankman-Fried, the biggest name in corporate fraud was Bernie Madoff. Fifteen years after the FBI arrested Madoff on Dec. 11, 2008 for running a massive Ponzi ...
Ignoring Lawyers, Meta Used Copyrighted Books to Train AI: Lawsuit
Meta Platforms' lawyers had warned it about the legal perils of using thousands of pirated books to train its AI models, but the company did it anyway, according to a new filing in a copyright ...
Tesla Critics Say Autopilot Recall Fixes Don’t Go Far Enough
Tesla Inc.'s decision to fix more than 2 million vehicles' Autopilot driver-assistance systems after a federal probe drew some praise from safety advocates, but many said the company should be taking ...