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Sen. John Kennedy has introduced a new bill aimed at reforming the courtroom practice of third-party litigation funding. Kennedy, R-La., introduced the Protecting Our Courts from Foreign Manipulation Act last week, and it was immediately supported by the insurance industry … Source: Claims Journal

Sen. John Kennedy has introduced a new bill aimed at reforming the courtroom practice of third-party litigation funding. Kennedy, R-La., introduced the Protecting Our Courts from Foreign Manipulation Act last week, and it was immediately supported by the insurance industry … Source: Claims Journal

The U.S. Supreme Court declined on Monday to hear a bid by a former UBS bond strategist to revive a $2.6 million jury award in his lawsuit accusing the Swiss bank of unlawfully firing him for refusing to publish misleading … Source: Claims Journal

The U.S. Supreme Court declined on Monday to hear a bid by a former UBS bond strategist to revive a $2.6 million jury award in his lawsuit accusing the Swiss bank of unlawfully firing him for refusing to publish misleading … Source: Claims Journal

Crawford & Company CEO Rohit Verma is stepping down at the end of the year to take the helm of another firm, and the company has named Crawford veteran W. Bruce Swain, Jr. interim president CEO. Swain, currently the company’s … Source: Claims Journal

Meta shut down internal research into the mental health effects of Facebook after finding causal evidence that its products harmed users’ mental health, according to unredacted filings in a lawsuit by U.S. school districts against Meta and other social media … Source: Claims Journal

UPS and FedEx Corp. are working to secure enough freighters as they grapple with a ban on a pillar of their air-cargo fleets through the crucial holiday delivery season. Source: Claims Journal

Simplifai named Ronald Kasteel its chairman of the board. Kasteel will be responsible for global growth strategy, board governance and industry partnership. He has experience in operational leadership roles, including serving as group CEO of Ordina. He also co-founded Keylane, … Source: Claims Journal

Tesla Inc. was sued over a fiery crash in Washington state that left one person dead and another seriously injured after rescuers allegedly struggled to open the vehicle’s doors, the latest in a growing body of litigation scrutinizing the company’s … Source: Claims Journal

A whistleblower who accused Wells Fargo & Co. of conducting sham interviews with minority job candidates will now be able to sue the bank over his firing. Wells Fargo lost a bid to place the former employee’s wrongful-termination complaint into … Source: Claims Journal