Tyson Foods Will Fork Over $221.5M for Chicken Price-Fixing Claims
Most Global Catastrophe Economic Losses Unaddressed by Insurance
There were 416 natural catastrophe events globally in 2020 that resulted in economic losses of $268 billion – 8% above the average annual losses for this century, according to insurance broker ...
Intel Investigates Hack of Quarterly Earnings Graphic
Intel Corp said on Thursday that it was investigating reports that a graphic in its quarterly earnings statement had been the object of unauthorized access before publication. "Once we became aware ...
Google Antitrust Cases Move Forward With Document Ruling
The federal judge who is hearing both the U.S. Justice Department and state antitrust cases against Google said on Thursday that he wanted the states to begin turning documents over to the search and ...
Ford Ordered to Recall 3 Million Vehicles Over Takata Air Bag Issues
Ford Motor Co. must recall 3 million vehicles with potentially defective driver-side Takata air bags, the U.S. auto safety regulator said on Tuesday, rejecting a bid by the second-largest U.S. ...
UK Supreme Court Rules Businesses Should Be Insured for COVID-19 Claims
Small businesses, from restaurants to nightclubs and wedding planners to beauty parlors, on Friday won the right to insurance payouts after Britain's highest court ruled many policies should cover ...
Initial Reactions to UK Supreme Court’s Ruling on Business Interruption Claims
Insurers, policyholders and industry observers have issued comments on the UK Supreme Court's ruling that insurers should pay small businesses for many business interruption claims from the COVID-19 ...
UK Insurance Ruling Is ‘Massive Boost’ for Businesses: Hiscox Action Group
A UK Supreme Court insurance judgment substantially in favor of policyholders will be a "massive boost" for British businesses currently suffering from a third government lockdown, the Hiscox Action ...
European Firms, Insurers, Warned of U.S. Sanctions Over Russian Pipeline
The U.S. State Department this month told European companies which it suspects are helping to build Russia's Nord Stream 2 gas pipeline that they face the risk of sanctions as the outgoing Trump ...
British Officials Claim They Had to Bear Liability in Exchange for Vaccine Deals
Britain had no choice but to agree to bear liability if claims were made against vaccine makers as part of supply deals, officials said on Monday, adding that approval for three of the candidates ...