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State Farm to Pay Record $5 Billion Dividend to Auto Clients
State Farm Mutual Automobile Insurance Co. will pay a $5 billion cash dividend to its auto-insurance customers after posting strong underwriting profits. The payments average $100 per vehicle, State Farm said in a statement. It’s the largest dividend in the …
Gabehart Says Joe Gibbs Racing Suit Is ‘Punishing A Former Employee for Daring to Leave’
The former competition director of Joe Gibbs Racing claimed the Pro Football Hall of Fame coach is suing him for “daring to leave” the NASCAR team when the situation surrounding Gibbs’ grandson became untenable at the organization. Chris Gabehart admitted …
Stellantis Weighs Using China EV Tech for Affordable Cars
Stellantis NV is considering tapping electric-vehicle technology from its Chinese partner Leapmotor to help lower costs across its mass-market European brands such as Fiat, Opel and Peugeot, according to people familiar with the plans. The manufacturer is weighing an expansion …
Red Flags Adjusters Should Look for in Truck Accident Claims Investigations
When a commercial truck is involved in a serious accident, claims professionals face a complex investigation with multiple parties, extensive regulations and potentially massive exposure. As an attorney who has handled hundreds of these cases from the plaintiff’s side, I …
Marsh Awarded Injunction Against Former Employees Now With Howden US
A federal judge this week granted Marsh its request to prohibit a group of employees who left for Howden US from using its confidential information, soliciting other former employees, and trying to acquire current and prospective Marsh clients. An opinion …
Vanguard Settles Collusion Suit for $29.5 Million
Texas said Vanguard Group Inc. agreed to pay a total of $29.5 million to settle a lawsuit brought by a dozen states that accused the asset manager of colluding to manipulate the energy market and reduce coal output. As part …
Walmart to Pay $100 Million to Settle FTC Case on Driver Wages
Walmart agreed to pay $100 million to settle a suit by the FTC and a group of states alleging the company withheld tips and misrepresented wages to order drivers.
Ford Recalling 4.3 Million US Vehicles Over Software Issue
Ford Motor said Thursday it is recalling 4.3 million pickup trucks and SUVs in the U.S. because a software error may cause trailer brakes not to function and exterior lights to fail. The U.S. automaker said the recall covers the …
Sedgwick: Five Industries Saw Higher US Recall Volumes in 2025
U.S. recall activity reached one of the highest levels in the past decade, as the consumer products, food and drinks and pharmaceutical sectors all experienced higher recall volumes than 2024. Roughly 3,295 recalls were recorded across the five industries analyzed, …
