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Sullivan & Cromwell, a premier Wall Street law firm, apologized to a federal judge for submitting a court filing with inaccurate citations and other errors generated by artificial intelligence. In a letter dated April 18, Andrew Dietderich, co-head of the …

The former chief executive and chief financial officer of iLearningEngines, which provided AI-driven business automation technology, were indicted on charges they defrauded investors and lenders by fabricating “virtually all” of the now-bankrupt company’s customer relationships and revenue. Former CEO Puthugramam …

FedEx Express will pay $280,000 and furnish other relief to settle a disability discrimination lawsuit brought by the Equal Employment Opportunity Commission (EEOC), the federal agency announced. In the lawsuit, the EEOC charged that in February 2023, FedEx failed to …

World Insurance Associates LLC reports that it acquired the business of Baldon Insurance Group of Patchogue, New York. Terms of the January 1, 2026 transaction were not disclosed. Baldon, which was established in 2000, is a Long Island independent agency …

Texas Attorney General Ken Paxton filed a lawsuit against two California-based online kratom retailers for deceptively marketing and selling synthetic kratom products and adulterated products that are up to 96% 7-hydroxymitragynine (“7-OH”). According to the lawsuit, that is nearly fifty …

Pekin Insurance announced that John Colvert has joined the organization as Vice President – Sales & Marketing. Colvert brings more than two decades of leadership experience across Property & Casualty insurance and life and financial services. He most recently served …

Not long ago, Nebraska’s growth was quite literally a national cover story. Nebraska Gov. Pete Ricketts soared through the air wearing skis and goggles on the Olympic-themed March 2018 cover of Site Selection, an economic development industry magazine. The cartoon …

A Travis County district judge has temporarily lifted a statewide ban on the sale of natural smokeable hemp products, such as flower buds and rolled joints, until at least April 28. Judge Maya Guerra Gamble granted the Texas Hemp Business …

Rideshare giant Uber is liable for the behavior of a driver who grabbed the inner thigh of a passenger as she was leaving the front seat of his car and asked if he could “keep her” with him, a jury …

California Attorney General Rob Bonta is suing the City of Poway alleging it violated the California Environmental Quality Act by failing to respond to discoveries of burials of ancestral human remains and cultural resources during the construction of a luxury …

Three Georgia State Patrol troopers and their supervisor have been let go after officers’ hot pursuits reportedly turned into cold cash from fleeing suspects’ auto insurance companies. News sites around the state reported that an internal investigation found the officers, …

As artificial intelligence and automation become faster and more precise, insurance industry leaders are finding that the differentiator isn’t just better technology but how the people behind the technology are using it. That’s according to experts at InsurTech New York’s …

EverPeak Insurance launched a new multi-state feature that eliminates multi-jurisdictional friction for mobile workforces. Effective April 21, the new feature allows brokers to secure workers’ compensation coverage across 17 states in a single, 30-second digital workflow. The feature addresses a …

A federal judge on April 21 delayed the planned criminal sentencing of Purdue Pharma by one week, saying she wanted to allow more public participation before concluding a criminal case over the company’s marketing of addictive opioid drugs. U.S. District …

Iran seized two ships in the Strait of Hormuz on Wednesday, tightening its grip on the strategic waterway after U.S. President Donald Trump called off attacks indefinitely with no sign of peace talks restarting. Iran’s semi-official Tasnim news agency said …

First quarter 2026 net income at W.R. Berkley Corp. increased about 23.4% compared to the same period a year ago to about $515.2 million. Operating income for the first three months of the year was a record $514.3 million. The …

The chief financial officers of some of the world’s top commodity trading houses warned that the protracted closure of the Strait of Hormuz may lead to a wave of disputes stemming from lost supply. Several oil and gas producing giants …

Drought in the contiguous United States has reached record levels for this time of year, weather data shows. Meteorologists said it’s a bad sign for the upcoming wildfire season, food prices and western water issues. More than 61% of the …

Casualty claims are becoming more expensive at a faster rate, but medical professional liability stands out as one casualty line where compounding factors are turning severity deterioration into a heightened risk. According to an S&P Global Market Intelligence report, written …

It’s been called one of the most unusual medical malpractice cases and one that has raised questions for organ donors, organ recovery centers and their insurance carriers. Paula Denison, age 57, was taken to the emergency room at Anderson Regional …