January 7, 2026

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California Bill Would Require Insurer Claims Handling Plans, And Double Penalties

A bill that promises legislative reform in California to speed up disaster recovery for homeowners and renters through improved insurance coverage and expanded consumer protections was introduced on the anniversary of the Los Angeles wildfires. The Disaster Recovery Reform Act, …

US Lawmaker Unveils Bill Requiring Manual Car-Door Releases

A lawmaker introduced legislation to require new vehicles be equipped with manual door releases to address safety issues with the type of electrically powered handles popularized by Tesla.

JPMorgan Wins Gender Pay Gap Dispute Against London Analyst

JPMorgan Chase & Co. won a London gender pay gap dispute lawsuit against one of its female analysts after a tribunal judge dismissed all claims against the investment bank. Saidya Najeeb, who joined JPMorgan in March 2022, alleged that she …

Bayer Sues COVID Vaccine Makers Over Mrna Technology

Bayer’s Monsanto sued COVID-19 vaccine makers Pfizer, BioNTech and Moderna in Delaware federal court on Tuesday for allegedly misusing its messenger RNA technology in manufacturing their vaccines, a Bayer spokesperson confirmed. The patent infringement lawsuits said the companies copied technology …

Aerospace Firm to Pay $1.5M to Resolve False Claims Act Allegations

An aerospace and defense electronics company based in Chatsworth, California, agreed to pay $1.5 million to resolve allegations that it violated the False Claims Act by supplying aircraft parts to the military that did not meet contract specifications. Teledyne RISI …

JPMorgan, Citi Extending Mortgage Relief for LA Wildfire Victims

California Gov. Gavin Newsom said a group of major banks have agreed to extend mortgage relief for Los Angeles wildfire victims, as the area struggles to rebuild one year after the devastating blazes. Wells Fargo & Co., JPMorgan Chase & …

Nestle Recalls Infant Formula Batches in 25 Countries Over Toxin Risk

Nestle said it was recalling some batches of its infant nutrition products, including SMA, BEBA and NAN formulas, mostly in Europe, due to possible contamination with a toxin that can cause nausea and vomiting. The recall, which began on a …

Xceedance Acquires Agency Service Provider Marble Box

Xceedance acquired Marble Box, a provider of operational support and process optimization services to independent insurance agencies and brokers. This acquisition is Xceedance’s entry into the agent and broker ecosystem. Marble Box supports agency processes for agents and brokers, delivering …

Millions at Risk of Los Angeles-Style Wildfires in Australia

Millions of people living on the expanding outskirts of Australia’s major cities face an increasing risk of urban wildfires similar to the deadly blazes in Los Angeles last year. Suburbs on the fringes of centers including Sydney, Melbourne and Perth …