Louisiana governor Jeff Landry signed a package of insurance reform bills Tuesday aimed at encouraging insurers to write more business in the state’s property market. The legislation, endorsed by Louisiana Insurance Commissioner Tim Temple, will give property insurers more flexibility …
Pfizer Inc. has agreed to settle more than 10,000 cases accusing it of hiding the cancer risks of its Zantac heartburn drug, according to people familiar with the deal, the biggest of the litigation. The agreements cover cases in state …
The hacking group accused of disrupting casinos and hotels at MGM Resorts International last year is engaged in a new campaign targeting banks and insurance companies, according to cybersecurity researchers. The group, known as Scattered Spider, has targeted 29 companies …
Three insurance companies have rejected Chevron’s claim over the seizure last year of an oil cargo by Iran, according to a complaint filed on Tuesday in a U.S. court in California. The Chevron-chartered tanker Advantage Sweet was boarded by Iranian …
Panera Bread Co. is discontinuing its Charged Sips, which have drawn lawsuits alleging the caffeinated drinks lead to health issues. To replace the drinks, the company plans to introduce new beverages in the next two weeks, according to a memo …
Jaguar Land Rover Automotive Plc is offering to pay part of customers’ insurance costs for new Range Rovers after a string of thefts caused premiums to soar and left some unable to get cover. The British carmaker will provide £150 …
The Department of Labor has announced changes to the structure of its Occupational Safety and Health Administration’s (OSHA) regional operations. OSHA said it plans to fully transition to its new regional structure later in fiscal year 2024. The changes include …
For years now, the leader of the ransomware gang LockBit, known as LockBitSupp, has been a provocative if mysterious presence on dark web forums. He has goaded law enforcement authorities and aggressively recruited hackers from rival gangs. But his identity …
Tesla Inc. is facing a July 1 deadline to furnish US regulators with information about its biggest-ever recall because drivers using Autopilot keep crashing while using the system. In a letter posted on its website Tuesday, the National Highway Traffic …
A decayed utility pole that broke, causing power wires to fall on dry grass in the Texas Panhandle, sparked the state’s largest wildfire in history, a Texas House committee confirmed last week. And other poorly maintained power equipment sparked four …