Donald Trump has so far been unable to obtain a bond that would allow him to appeal a $454 million judgment against the former U.S. president in a New York civil fraud case without posting the full amount himself, his …
https://www.maddoxinsured.com/wp-content/uploads/2024/03/trump-donald-2020-580x387-1.jpg387580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2024-03-18 11:31:132024-03-18 15:01:49Trump Has Failed to Get Appeal Bond for $454M Civil Fraud Judgment, Lawyers Say
Apple Inc. reached a $490 million settlement of a class-action lawsuit brought by a group of investors who accused Chief Executive Officer Tim Cook of misleading them in 2018 about the company’s sales prospects. Cook made false statements about the …
https://www.maddoxinsured.com/wp-content/uploads/2024/03/Tim-Cook-Apple-Bloomberg-580x390-1.jpg390580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2024-03-18 08:44:182024-03-18 15:01:50Apple, Investors Reach $490 Million Settlement in Fraud Case
An Illinois jury has ordered Reckitt Benckiser unit Mead Johnson to pay $60 million to the mother of a premature baby who died of an intestinal disease after being fed the company’s Enfamil baby formula. The jury in an Illinois …
https://www.maddoxinsured.com/wp-content/uploads/2024/03/baby-formula-Bigstock-580x387-1.jpg387580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2024-03-18 08:36:282024-03-18 15:01:51Reckitt Unit Hit With $60 Million Verdict in Enfamil Baby Formula Case
Meta Platforms Inc. lost its second court ruling this week seeking to stop the Federal Trade Commission’s reopening a 2020 privacy settlement over allegations that the company breached the terms. In a ruling Thursday, US District Judge Randolph Moss in …
https://www.maddoxinsured.com/wp-content/uploads/2024/03/Meta-on-laptop-Bloomberg-580x387-1.jpg387580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2024-03-18 08:24:582024-03-18 15:01:51Meta Loses Second Bid to Thwart FTC’s Change to Privacy Pact
A Republican congressman is asking the Treasury Department to explain its handling of a US insurance company that covered dozens of tanker ships suspected of carrying sanctioned Iranian oil. Representative Zach Nunn of Iowa, a member of the House Financial …
https://www.maddoxinsured.com/wp-content/uploads/2024/03/impounded-iranian-crude-oil-tanker-bloomberg-580x383-1.jpg383580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2024-03-18 06:38:392024-03-18 15:01:52Treasury Asked Why US P&I Club Insures Ships Carrying Iran Oil
A U.S. appeals court on Friday temporarily paused new rules issued by the Securities and Exchange Commission (SEC) requiring public companies to report climate-related risks. The New Orleans-based 5th U.S. Circuit Court of Appeals granted a request from Liberty Energy …
Apple Inc. lost a bid to dismiss a lawsuit alleging that its AirTag devices help stalkers track their victims. US District Judge Vince Chhabria in San Francisco ruled Friday that three plaintiffs in the class-action suit had made sufficient claims …
https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance.png512512wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2024-03-18 01:15:012024-03-18 15:01:53Apple Must Face Suit Claiming AirTags Are Weapon of Stalkers
Moscowitz New COO at RT Specialty RT Specialty promoted Marissa Moscowitz to chief operating officer. Moscowitz has over 15 years of information technology, business intelligence and business operations experience and has been with RT Specialty since 2019. With Chicago’s RT …
https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance.png512512wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2024-03-15 12:38:432024-03-15 14:59:30People Moves: Moscowitz New COO at RT Specialty; Williams to Lead Nationwide’s Small Market Commercial Lines
While smartphone use is rising, fewer phones are suffering damage that requires repairs or replacement. Good thing, because users can hardly part with smartphones long enough to get them fixed. In its latest Mobile Mythconceptions Surveys, Allstate Protection Plans found …
https://www.maddoxinsured.com/wp-content/uploads/2024/03/broken-cellphone-bigstock-580x435-1.jpg435580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2024-03-15 10:14:102024-03-15 14:59:36Smartphone Screen Repairs Surge to $8.3B in 2023: Allstate Protection
Bayer AG is weighing whether to use a controversial legal maneuver known as the Texas Two-Step bankruptcy to try to resolve tens of thousands of US lawsuits claiming its Roundup weedkiller causes cancer, according to people familiar with its thinking. …
https://www.maddoxinsured.com/wp-content/uploads/2024/03/Bayer-logo-Bloomberg-580x387-1.jpg387580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2024-03-15 09:11:302024-03-15 14:59:36Bayer Weighs ‘Texas Two-Step’ Bankruptcy Filing Over Roundup
For four decades, the Riverbend Festival delighted music fans in Tennessee with headlining acts like Lionel Ritchie and ZZ Top, but this year the show won’t go on. “Riverbend is reevaluating and restructuring in order to be successful in the …
https://www.maddoxinsured.com/wp-content/uploads/2024/03/music-festival-Blopomberg-580x386-1.jpg386580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2024-03-15 02:12:142024-03-15 14:59:38Music Festivals Canceled This Year Reveal Rising Costs of Producing Large Events
A major environmental group has sued to challenge new rules issued by the U.S. Securities and Exchange Commission requiring public companies to report climate-related risks, arguing they do not go far enough to protect investors. The Sierra Club and the …
https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance.png512512wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2024-03-15 01:26:382024-03-15 14:59:38Sierra Club Sues SEC for Weakening Climate Risk Disclosure Rules
Terrorist threats toward the US have reached a “whole other level” from the already heightened situation before the Oct. 7 attack by Hamas on Israel and its response, FBI Director Christopher Wray said Tuesday. “You’ve seen a veritable rogue’s gallery …
https://www.maddoxinsured.com/wp-content/uploads/2024/03/Christopher-Wray2-Bloomberg-580x387-1.jpg387580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2024-03-15 01:20:372024-03-15 14:59:39Terrorist Threat to US Has Reached ‘Whole Other Level,’ FBI’s Wray Warns
The State Farm Mutual board of directors has selected President Jon Farney as the company’s next chief executive officer. Farney will succeed retiring CEO Michael Tipsord on June 1. Farney joined State Farm in 1993 and has served in a …
https://www.maddoxinsured.com/wp-content/uploads/2024/03/tipsordfarney3-14-24-scaled-e1710509001823-580x336-1.jpg336580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2024-03-15 00:02:302024-03-15 14:59:40State Farm Announces New CEO; Farney Succeeding Tipsord June 1
Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for President Joe Biden’s re-election campaign, both of which are counting on a steady easing of price …
https://www.maddoxinsured.com/wp-content/uploads/2024/03/consumer-shopping-inflation-AP-580x387-1.jpg387580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2024-03-14 12:39:202024-03-14 15:00:46US Inflation Up Again in February in Latest Sign Price Pressures Remain Elevated
UnitedHealth Group said Wednesday evening that its unit Change Healthcare’s pharmacy network was back online, weeks after a cyberattack had a knock-on effect across the country’s healthcare system that depends heavily on insurance. Change Healthcare processes about 50% of medical …
https://www.maddoxinsured.com/wp-content/uploads/2024/03/medical-testing-stethoscope-with-laptop-580x387-1.jpg387580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2024-03-14 09:12:592024-03-14 15:00:47UnitedHealth Unit Change Healthcare’s Pharmacy Network Back Online
Eggland’s Best, one of the largest U.S. egg producers, has been sued for falsely claiming that its eggs contain less saturated fat than other eggs. The proposed class action filed on Tuesday in federal court in Chicago by Richard Vilchis …
https://www.maddoxinsured.com/wp-content/uploads/2024/03/egg-carton-580x385-1.jpg385580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2024-03-14 01:29:152024-03-14 15:00:48Eggland’s Best Is Sued Over Saturated Fat Claims for Its Eggs
More than 60 elections will be held worldwide in 2024, and the outcomes will likely affect international relationships, drive policy uncertainty and disrupt markets, Marsh Specialty leaders said in a new political risk report. “The outcomes of the elections taking …
https://www.maddoxinsured.com/wp-content/uploads/2024/03/geopolitical-risks-580x387-1.jpg387580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2024-03-14 01:19:382024-03-14 15:00:48Marsh Specialty: 2024 Elections to Direct Global Course for Next Decade-Plus
Executive Summary: Setting up mock jury trials, taking cases to trial and refraining from issuing “hammer” letters to lower-layer insurers are just three of the strategies Aspen’s Chief Claims Officer Tony Rai suggests that insurers start undertaking—in concert with their …
https://www.maddoxinsured.com/wp-content/uploads/2024/03/class-action-lawsuit-199758154-bigstock-580x378-1.jpg378580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2024-03-14 01:15:092024-03-14 15:00:50Viewpoint: Insurers, Insureds Must Collaborate to Get Ahead of Social Inflation
UnitedHealth Group has already been hit with at least six class action lawsuits accusing it of failing to protect millions of people’s personal data from last month’s hack of Change Healthcare, its payment processing unit, with more lawsuits likely to …
https://www.maddoxinsured.com/wp-content/uploads/2024/03/bigstock-Class-Action-Lawsuit-With-The-199753897-2-580x378-1.jpg378580wpmaddoxinshttps://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.pngwpmaddoxins2024-03-14 01:04:502024-03-14 15:00:51Class Action Lawsuits Pile Up Over UnitedHealth Data Breach
Trump Has Failed to Get Appeal Bond for $454M Civil Fraud Judgment, Lawyers Say
Donald Trump has so far been unable to obtain a bond that would allow him to appeal a $454 million judgment against the former U.S. president in a New York civil fraud case without posting the full amount himself, his …
Apple, Investors Reach $490 Million Settlement in Fraud Case
Apple Inc. reached a $490 million settlement of a class-action lawsuit brought by a group of investors who accused Chief Executive Officer Tim Cook of misleading them in 2018 about the company’s sales prospects. Cook made false statements about the …
Reckitt Unit Hit With $60 Million Verdict in Enfamil Baby Formula Case
An Illinois jury has ordered Reckitt Benckiser unit Mead Johnson to pay $60 million to the mother of a premature baby who died of an intestinal disease after being fed the company’s Enfamil baby formula. The jury in an Illinois …
Meta Loses Second Bid to Thwart FTC’s Change to Privacy Pact
Meta Platforms Inc. lost its second court ruling this week seeking to stop the Federal Trade Commission’s reopening a 2020 privacy settlement over allegations that the company breached the terms. In a ruling Thursday, US District Judge Randolph Moss in …
Treasury Asked Why US P&I Club Insures Ships Carrying Iran Oil
A Republican congressman is asking the Treasury Department to explain its handling of a US insurance company that covered dozens of tanker ships suspected of carrying sanctioned Iranian oil. Representative Zach Nunn of Iowa, a member of the House Financial …
US Appeals Court Temporarily Pauses SEC Climate Disclosure Rules
A U.S. appeals court on Friday temporarily paused new rules issued by the Securities and Exchange Commission (SEC) requiring public companies to report climate-related risks. The New Orleans-based 5th U.S. Circuit Court of Appeals granted a request from Liberty Energy …
Apple Must Face Suit Claiming AirTags Are Weapon of Stalkers
Apple Inc. lost a bid to dismiss a lawsuit alleging that its AirTag devices help stalkers track their victims. US District Judge Vince Chhabria in San Francisco ruled Friday that three plaintiffs in the class-action suit had made sufficient claims …
People Moves: Moscowitz New COO at RT Specialty; Williams to Lead Nationwide’s Small Market Commercial Lines
Moscowitz New COO at RT Specialty RT Specialty promoted Marissa Moscowitz to chief operating officer. Moscowitz has over 15 years of information technology, business intelligence and business operations experience and has been with RT Specialty since 2019. With Chicago’s RT …
Smartphone Screen Repairs Surge to $8.3B in 2023: Allstate Protection
While smartphone use is rising, fewer phones are suffering damage that requires repairs or replacement. Good thing, because users can hardly part with smartphones long enough to get them fixed. In its latest Mobile Mythconceptions Surveys, Allstate Protection Plans found …
Bayer Weighs ‘Texas Two-Step’ Bankruptcy Filing Over Roundup
Bayer AG is weighing whether to use a controversial legal maneuver known as the Texas Two-Step bankruptcy to try to resolve tens of thousands of US lawsuits claiming its Roundup weedkiller causes cancer, according to people familiar with its thinking. …
Music Festivals Canceled This Year Reveal Rising Costs of Producing Large Events
For four decades, the Riverbend Festival delighted music fans in Tennessee with headlining acts like Lionel Ritchie and ZZ Top, but this year the show won’t go on. “Riverbend is reevaluating and restructuring in order to be successful in the …
Sierra Club Sues SEC for Weakening Climate Risk Disclosure Rules
A major environmental group has sued to challenge new rules issued by the U.S. Securities and Exchange Commission requiring public companies to report climate-related risks, arguing they do not go far enough to protect investors. The Sierra Club and the …
Terrorist Threat to US Has Reached ‘Whole Other Level,’ FBI’s Wray Warns
Terrorist threats toward the US have reached a “whole other level” from the already heightened situation before the Oct. 7 attack by Hamas on Israel and its response, FBI Director Christopher Wray said Tuesday. “You’ve seen a veritable rogue’s gallery …
State Farm Announces New CEO; Farney Succeeding Tipsord June 1
The State Farm Mutual board of directors has selected President Jon Farney as the company’s next chief executive officer. Farney will succeed retiring CEO Michael Tipsord on June 1. Farney joined State Farm in 1993 and has served in a …
US Inflation Up Again in February in Latest Sign Price Pressures Remain Elevated
Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for President Joe Biden’s re-election campaign, both of which are counting on a steady easing of price …
UnitedHealth Unit Change Healthcare’s Pharmacy Network Back Online
UnitedHealth Group said Wednesday evening that its unit Change Healthcare’s pharmacy network was back online, weeks after a cyberattack had a knock-on effect across the country’s healthcare system that depends heavily on insurance. Change Healthcare processes about 50% of medical …
Eggland’s Best Is Sued Over Saturated Fat Claims for Its Eggs
Eggland’s Best, one of the largest U.S. egg producers, has been sued for falsely claiming that its eggs contain less saturated fat than other eggs. The proposed class action filed on Tuesday in federal court in Chicago by Richard Vilchis …
Marsh Specialty: 2024 Elections to Direct Global Course for Next Decade-Plus
More than 60 elections will be held worldwide in 2024, and the outcomes will likely affect international relationships, drive policy uncertainty and disrupt markets, Marsh Specialty leaders said in a new political risk report. “The outcomes of the elections taking …
Viewpoint: Insurers, Insureds Must Collaborate to Get Ahead of Social Inflation
Executive Summary: Setting up mock jury trials, taking cases to trial and refraining from issuing “hammer” letters to lower-layer insurers are just three of the strategies Aspen’s Chief Claims Officer Tony Rai suggests that insurers start undertaking—in concert with their …
Class Action Lawsuits Pile Up Over UnitedHealth Data Breach
UnitedHealth Group has already been hit with at least six class action lawsuits accusing it of failing to protect millions of people’s personal data from last month’s hack of Change Healthcare, its payment processing unit, with more lawsuits likely to …