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Lloyd’s Market Engaging With US on Gulf Maritime Plan, Officials Say

Loram Ipsum Ventures, founded in 1978, quickly grew into one of the leading innovators in digital solutions. Based in Westfield, the company expanded its operations to over 12 countries by 1995, establishing a reputation for excellence across multiple industries. In 2002, Loram Ipsum shifted its focus toward sustainable

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Sedgwick: European Product Recalls Rose Again Last Year

European product recall activity rose for the seventh straight year in 2025, a new report shows. Sedgwick released its annual State of the Nation Product Safety and Recall Index report, which shows the 15,608 total recall events last year broke …

Moderna to Pay About $1 Billion to Settle Arbutus Litigation

Moderna Inc. agreed to pay $950 million to settle litigation related to the delivery technology behind its Covid shot, removing a looming financial risk for the struggling vaccine maker. The company has settled all litigation worldwide with Arbutus Biopharma Corp. …

VW’s US Dealers Sue Over Plan to Leave Them Out of Scout Sales

Volkswagen AG is being sued by two U.S. dealerships who are challenging a plan to sell Scout Motors vehicles directly to consumers, bypassing their showrooms. The plan is an alleged deliberate breach of contract, according to a class-action complaint from …

Bayer Wins Court Nod for $7.25 Billion Roundup Settlement

Bayer AG said a U.S. judge granted preliminary approval for a $7.25 billion settlement proposal aimed at resolving thousands of lawsuits over Roundup weedkiller, which have weighed on the German company for years. The class-action settlement, which Bayer proposed in …

Carriers Using AI for Claims But Adoption is Fragmented, Report Shows

Excitement about adopting artificial intelligence technology is palpable in the insurance industry, but the reality is that while most carriers use artificial intelligence technology, few use AI at more than a small scale— and the vast majority of adjusters say …

Google Gemini Accused of Coaching User to Suicide in New Suit

Google is facing a lawsuit from the family of a 36-year-old Florida man who allegedly considered carrying out a “mass casualty attack” and ultimately committed suicide under the influence of the company’s Gemini chatbot. According to a suit filed Wednesday …

Wisedocs Names Tainton Senior VP of Data Solutions

Wisedocs named Mark Tainton senior vice president of data solutions. Tainton will leverage his experience overseeing AI-enabled services. He has experience in leading large-scale data modernization initiatives. Tainton previously served as chief data analytics officer at Venttiv Technology, Calamos Investments …

GM Moves to Expand Its Dealers’ Used-Car Business

General Motors is restructuring how its U.S. dealers sell used vehicles, a bid to compete better with fast-rising online sellers like Carvana. The Detroit-based automaker said on Tuesday it is dissolving a long-standing program that helps its dealerships sell used …

Trump Says US Will Escort, Insure Oil Tankers Amid the Iran War

President Donald Trump said the U.S. would provide insurance guarantees and naval escorts to ensure safe passage for oil tankers and other vessels through the Strait of Hormuz, intending to head off a potential energy crisis caused by the war …