A fire at a New York City e-bike shop quickly spread to upper-floor apartments and killed four people early Tuesday in the latest deadly blaze linked to exploding lithium ion batteries.
A federal bankruptcy court in New York ruled Tuesday that directors and officers of SVB Financial Group, parent company of the failed Silicon Valley Bank that federal regulators took over in March, can tap into their $210 million in directors and officers liability insurance.
A federal appeals court on Tuesday affirmed a lower court ruling on behalf of Selective Insurance Group Inc. in a coverage dispute with Amerisure Insurance Co. over a construction accident.
New York State lawmakers have passed the Auto Insurance Consumer Relief Act. The legislation would allow insurance companies to waive the photo inspection currently required to obtain comprehensive and collision coverage, a measure that dates back to the 1970s.
New York becomes the first state to ban natural gas and other fossil fuels in most new residential buildings, a move that has been hailed as a significant victory for climate activists.
Seventeen state attorneys general have called on the federal government to recall millions of Kia and Hyundai cars due to their susceptibility to theft, which has been amplified by a viral social media challenge.
The family of Jaswinder Singh, who was killed during a mass shooting at a FedEx facility in Indianapolis, and several survivors of the incident, have filed a federal lawsuit against the companies involved in the manufacturing, marketing, and sale of the high-capacity magazine used by the gunman.
A New York class action lawsuit against Amazon is requesting that the company be enjoined from tracking customers’ biometric information, such as collecting visitors’ facial scans or fingerprints, without alerting customers.
A 7-year-old boy and a teenager were killed in a fire sparked by an e-bike’s lithium-ion battery in New York on Monday, marking the city’s fifth death in connection with the batteries this year, officials said.
Honda is recalling 563,711 older-model CR-Vs in 22 cold-weather states and Washington, D.C., because an accumulation of road salt can cause the vehicle’s rear trailing arm to corrode and detach, which could lead to a crash.
A bulky couch. A narrow stairwell. A sprinkler head. Put them together and what do you get? Millions of dollars in property damage. And an insurance company that refuses to pay because the incident -- couch vs. sprinkler head -- happened inside a luxury downtown condominium, and not on the street.
Signature Bank (SBNY.O) and three former top executives were sued on Tuesday by shareholders who accused the New York bank of fraudulently proclaiming it was financially strong a mere three days before it was seized by a state regulator.