U.S.
Goldman Sachs Will Again Face Crisis-Era Securities Fraud Class Action Lawsuit
Goldman Sachs Group Inc must again face a class action by shareholders who said they lost $13 billion because the Wall Street bank hid conflicts of interest when creating risky subprime securities ...
The Self-Driving Vehicle Race Shifts to Trucks
We'd all be whizzing round in robotaxis by now if Elon Musk had been right. Instead, fully self-driving cars are struggling to get away from the starting grid and some investors are betting that ...
Slow Moderation of U.S. Commercial Insurance Rate Hikes Continues in Q3: Willis Towers Watson
Certain U.S. commercial insurance segments saw robust price increases in the 2021 third quarter, but the sector overall continued to see a slowing and steady moderation in rate hikes, according to a ...
Usage-Based Car Insurance Could be Part of Stellantis Auto Software Strategy
Automaker Stellantis rolled out its software strategy on Tuesday including a 2030 target of 20 billion euros ($22.5 billion) in annual revenue from related products and subscriptions as it takes aim ...
Zurich North America Hires Ex-Travelers Exec Lezaj to Lead New Complex Casualty Unit
A former Travelers executive is joining Zurich North America to oversee its newly-created Complex Casualty unit. Steve Lezaj will take on the job with the title of National Complex Casualty ...
Florida Jury Awards $100 Million in Trial Involving Bitcoin Pioneers
Craig Wright, a computer scientist who claims to be the inventor of Bitcoin, prevailed in a civil trial verdict Monday against the family of a deceased business partner, which claimed it was owed ...
InsurTech Buckle Inks MGA Agreement With Amwins Specialty Auto
Buckle, an InsurTech with a full-stack insurance-as-a-service platform for the gig economy, has inked a managing general agency (MGA) agreement with Amwins Specialty Auto, a non-standard auto ...
Facebook Faces $150M Class-Action Lawsuit From Rohingya Refugees Over Myanmar Violence
Rohingya refugees from Myanmar are suing Meta Platforms Inc, formerly known as Facebook, for $150 billion over allegations that the social media company did not take action against anti-Rohingya hate ...