News
Flawed Immigrant Trucker Licenses Put $50M in Federal Funds at Stake in North Carolina
North Carolina could lose nearly $50 million in federal funding if the state doesn't revoke commercial driver's licenses from immigrants who aren't qualified to hold them after an audit uncovered ...
Expense Ratio Analysis: AI, Remote Work Drive Better P/C Insurer Results
In separate reports last week, AM Best and Morgan Stanley analyzed P/C insurance industry expense ratios, with one reporting a 2.4-point drop over the past decade and the other projecting another ...
Goldman Sachs Warns U.S. Grids Face Power Crunch by 2030
Almost all U.S. power grids will lack critical spare capacity by 2030 as demand surges to supply data centers, with bottlenecks threatening to hand China an edge in the artificial-intelligence boom, ...
10 Highest Class-Action Settlements in 2025 Eclipsed $70B Total: Duane Morris
The value of the 10 highest class-action settlements in 2025 exceeded $70 billion for the first time ever. In fact, the total was nearer to $80 billion across all areas of litigation, according to ...
U.S., UK, and Canada Consumers Suffer the Most Data Breaches: Report
A new wave of sophisticated attacks driven by artificial intelligence is expected in 2026, according to Experian's annual data breach industry forecast. "From synthetic profiles and autonomous AI ...
Federal Aviation Notice Warned of Slackline Before Deadly Arizona Helicopter Crash
Federal aviation records show that a week before a fatal helicopter crash, a notice was issued that a tightrope would be stretched across a mountainous area of Arizona, providing a warning for pilots ...
Homeowners Critical of FAIR Plan, State Farm A Year After LA Wildfires
On the first anniversary of the most destructive wildfires in the L.A. area, the scant home construction projects stand out among the still mostly flattened landscapes. Fewer than a dozen homes have ...
Berkshire Hathaway Raises New CEO Abel’s Salary to $25 Million
Berkshire Hathaway said Jan. 6 that it raised the salary of new Chief Executive Officer Greg Abel to $25 million, far exceeding the $100,000 annual salary that his predecessor ...
