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London’s High Court on Thursday refused claimants permission to appeal against its July decision which broadly found in favor of some of the world’s biggest carmakers over diesel emissions. But lawyers representing around 1.6 million claimants said they would apply …

A federal antitrust lawsuit against McDonald’s this week claims the fast-food giant is using AI-powered tools to fix menu prices, marking the latest case to allege companies are relying on new technologies to collude and harm consumers. Plaintiffs have sued …

South Korean and Japanese companies are racing to strengthen cyber defenses after a wave of attacks that cybersecurity experts say are highlighting how AI may be lowering the bar for criminals with limited technical skills. Nine South Korean banks and …

India’s insurance regulator may implement sweeping distribution reforms as early as January, pushing ahead with an overhaul that has battered shares of insurers and brokers. The effective dates under consideration are Jan. 1 and April 1, Girija Subramanian, an executive …

Top executives at Prudential Financial Inc.’s Japan unit will take pay cuts after a panel of outside experts issued a report on widespread employee misconduct involving customers’ money. President Hiromitsu Tokumaru and two others will take a 30% reduction in …

Selective Insurance Group Inc., headquartered in Short Hills, New Jersey, appointed Vaibhav (Vaib) Kalia as executive vice president and chief investment officer. Kalia has served as interim chief investment officer since June. In this role, Kalia oversees Selective’s investment portfolio …

In one alarming announcement after another, artificial intelligence companies in recent months have shared examples of their technology acting in ways that appeared to evade instructions from humans. The episodes have highlighted the vulnerabilities in AI security and raised questions …

The head of market strategy at a London investment bank has a stark warning for investors: the artificial-intelligence trade may soon be over in what could trigger the most severe market crash since the global financial crisis. Equities have powered …

A roofing contractor in Florida buys a general liability policy. Between him and the capital that stands behind the policy sits a supply chain: a retail agent, a wholesale broker, an underwriter, a licensed carrier, a reinsurance panel and, increasingly, …

Authorities are cracking down on the latest teenage craze wreaking havoc in communities across the US: e-bikes. Police were called when dozens of e-bikes and e-motos swarmed the streets of Bend, Oregon, on a recent afternoon. In Orange County, California, …

PG&E Corp. is warning that it may shut off power to some customers in northern California this weekend as dry winds elevate the risk of wildfires. California’s biggest utility may switch off power in as many as seven counties north …

Artificial intelligence insiders warned New York City’s leaders about the dangers of the emerging technology on Monday, calling for greater oversight as local governments move to respond to mounting concerns that the systems could endanger humanity. At a hearing of …

California-based specialty insurance broker Alliant Insurance Services has expanded its presence in New England through the acquisition of Melcher & Prescott, a long-time independent insurance agency in Laconia, New Hampshire. Founded in 1862, Melcher & Prescott provides commercial insurance, employee …

The collision of an American Airlines regional jet and an Army Black Hawk helicopter near Ronald Reagan Washington National Airport last year that killed 67 people was the result of several systemic failures, according to a US Army investigative report …

The projected combined ratio for California workers’ compensation insurers reached 127% in 2025, the highest in more than 20 years, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California released its latest Quarterly Experience Report, which delves …

Ohio Attorney General Andy Wilson is suing a home-improvement contractor in southwestern Ohio accused of charging consumers for services that were not completed or, in some cases, even started. Wilson’s lawsuit alleges that Cincinnati-based Quincy Barrett and his company, Crown …

The Public Utility Commission of Texas is asking a Travis County judge to block the release of information showing where data centers and virtual currency mines operate, saying those details could aid terrorists. The lawsuit filed Monday pits the state …

The Michigan attorney general is suing the state’s Blue Cross Blue Shield insurance plan for alleged anticompetitive conduct, opening a new front in a long-running legal fight over the structure of Blue Cross plans. The complaint says the company conspired …

The US Federal Trade Commission is gearing up to take action against Priceline.com owner Booking Holdings E&over online ads that appear to direct consumers to a hotel’s site but send them to a third-party site where they are often charged …

New York City is suing a Manhattan law firm for allegedly running a multimillion dollar personal injury fraud scheme by filing as many as 15 injury claims against the city on behalf of people allegedly harmed due to roadway defects. …