April 16, 2026

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Nord Stream Blasts Due to War, Say Insurers Seeking to Avoid Pay Out

The Nord Stream gas pipelines were attacked in 2022 as a direct result of Russia’s invasion of Ukraine, insurers told a London court on Thursday as they seek to avoid paying out nearly 580 million euros ($684 million) over blasts …

BP Faces Lawsuit Over 500 Deaths in Kenyan Exploration Area

A group of almost 300 petitioners filed a class-action suit against BP Plc and Kenyan authorities seeking compensation for environmental damage caused by disposal of toxic waste at oil-exploration sites in the northern fields of the East Africa nation. They …

Bargain Car Hunters Drive Next Wave of US EV Sales

Sales of new electric vehicles continued to slump in the first three months of the year. But there’s one growth segment: A new batch of relatively cheap and used battery-powered vehicles are enticing buyers looking for bargains. US drivers bought …

JD Power: Vehicle Complexity Complicates Auto Valuation

The number of unique vehicle configurations sold in the U.S. surpassed 600,000 in the 2025 model year, creating a growing challenge for auto insurers as they work to capture the configuration and replacement value of modern vehicles. JD Power shared …

AI Ruling Prompts Warnings From Lawyers: Your Chats Could Be Used Against You

As people increasingly turn to artificial intelligence for advice, some U.S. lawyers are telling their clients not to treat AI chatbots like trusted confidants when their freedom or legal liability is on the line. These warnings became more urgent after …

Live Nation Illegally Monopolized Live Events, Jury Says

Live Nation Entertainment Inc., the largest U.S. concert promoter and ticket seller, illegally monopolized the live events industry and overcharged fans, a New York federal jury concluded Wednesday. Following a six-week trial, the jury found in favor of a coalition …

Rimkus Names Cass to Newly Created Chief Transformation Officer Post

Rimkus named Matthew Cass to a newly established chief transformation officer role, which the firm says is designed to strengthen its enterprise platform. Cass’ responsibilities include leading the firm’s information technology function, overseeing enterprise resource planning implementation and advancing process …

Injured Rental Car Occupants Covered for Uninsured Motorist, Connecticut High Court Rules

In a case involving a rental car hit by an uninsured motorist, the Connecticut Supreme Court has ruled that the auto insurance policy of the driver that extended bodily injury coverage to the rental car must also provide uninsured motorist …