Twenty professional models who sued three Massachusetts-based strip clubs alleging that the clubs used their images in commercial advertisements without their consent and without paying them have been denied their bid to collect from one of the clubs’ insurers on …
Insurer Ducks Claims by Models Over Strip Clubs’ Use of Their Images Without Consent Read More »
AbbVie on Monday said it would invest $380 million to build two new active pharmaceutical ingredient manufacturing facilities at its Illinois campus, expanding its domestic production capacity for its neuroscience and obesity medicines. The investment is part of AbbVie’s broader …
AbbVie Invests $380M to Expand Illinois Manufacturing for Neuroscience, Obesity Meds Read More »
The South Dakota Legislature is considering a bill that would establish a statutory 75% minimum damage threshold for declaring a vehicle a total loss, which insurers say could negatively impact drivers through increased premiums and reduced road safety. Senate Bill …
Pasture lands have been stripped down to a sea of sand after wildfires tore across the U.S. Plains, killing cattle and wiping out their food sources, and threatening a historically small herd already linked to rising beef prices. The loss …
Cattle Ranchers Search for Feed as Wildfires Burn Grazing Lands Read More »
The parent of St. Petersburg-based Neptune Flood reported a 63% drop in profit for 2025, along with a quarterly drop, five months after the firm went public. Much of the drop in net income was due to some $4.6 million …
Neptune Reports Drop in Profit for 2025 But Strong Growth After IPO Read More »
Volvo Cars will recall over 40,000 of its flagship electric EX30 SUVs because their battery packs risk overheating, it told Reuters on Monday, a move that could dent the automaker’s hard-earned reputation for safety and cost it millions of dollars. …
Volvo Cars to Recall 40,000 Electric SUVs Over Battery Fire Risk Read More »
Remember the stormy days of March 2023, when the Florida Insurance Guaranty Association voted to add a 1% emergency assessment on all homeowners’ and commercial policies, to help pay outstanding claims left behind by insolvent insurers? Three years later, FIGA …
FIGA Moves to End 1% Assessment for Insolvent Insurer Claims 2 Years Early Read More »
Zywave, a provider of insurance technology solutions, recently debuted insurance-specialized AI agents rolled out to more than 35 early adopters across a wide range of insurance organizations. In addition, new platform enhancements will help insurance agencies and brokers transform how …
An investigation to determine if backcountry guides were criminally negligent during a California ski trip that ended with eight people killed in an avalanche and another presumed dead has surprised legal experts, who said the probe has scant precedent. Backcountry …
Ski Guides in Spotlight as Investigators Probe Deadly California Avalanche Read More »
The European Central Bank is delving into the risks faced by banks in the region from the artificial intelligence industry, amid heightened concern over hidden credit exposures and financial-sector disruption. The Frankfurt-based central bank is asking a small number of …
ECB Steps Up Scrutiny of European Banks’ AI Industry Exposure Read More »
