News
Zurich Insurance and Beazley Agree to $10.9B Cash Acquisition
Zurich Insurance Group announced it has agreed with UK specialty insurer Beazley the terms of an all-cash offer to acquire Beazley for $10.9 billion. The aggregate cash deal is expected to be funded ...
Senators Sound Alarm After New Data Shows Fewer OSHA Inspections, Fines
A group of U.S. senators issued a letter to Labor Secretary Chavez-DeRemer and Assistant Secretary of Labor for Occupational Safety and Health David Keeling, outlining their concerns about new data ...
Investor Lawsuits Push Back on SEC Changes That Gave Firms More Power
A new federal approach giving U.S. companies more say over which proposals shareholders can vote on at their annual meetings is creating regulatory uncertainty and leading to litigation, activists ...
Jury Orders PacifiCorp to Pay $305M in Latest Oregon Wildfire Class Action Verdict
An Oregon jury has ordered PacifiCorp to pay $305 million to 16 victims of the state's devastating 2020 wildfires in the latest verdict in a class-action lawsuit against the utility that includes ...
Marine Insurers Cancel War Risk Cover as Iran Conflict Escalates
Marine insurers are canceling war risk coverage for vessels and oil shipping rates are set to surge further after the widening Iran conflict left at least three tankers damaged, a seafarer killed and ...
NYC to Install Red Light Cameras at 600 Intersections by Year End
Last month, New York City announced it would begin activating red light cameras at 50 new intersections each week for the next five weeks, reaching 600 intersections by the end of 2026. The New York ...
Fake Lawyers Highlighted in OpenAI’s Threat Report Detailing ChatGPT Cybercrimes
OpenAI said it banned accounts linked to Chinese law enforcement, romance scammers, and influence operations, including a smear campaign against Japan's first woman prime minister, in a report ...
Uber Ballot Measure to Cap Personal Injury Fees, Limit Medical Damages Sparks Ire
In November, California voters may have to referee a multimillion-dollar battle among Uber, attorneys, and doctors. The outcome could have far-reaching implications for anybody who uses the state's ...