The Diocese of Winona-Rochester in Minnesota says it has reached a $21.5 million settlement with 145 individuals who were sexually abused by its clergy members. It’s the last Catholic diocese in the state to settle its abuse claims, filed in …
World health experts have long suspected that the incidence of COVID-19 has been higher than reported. Now, a machine-learning algorithm developed at University of Texas Southwestern Medical Center estimates that the number of COVID-19 cases in the U.S. since the …
Florida’s insurance regulator has a busy year ahead, and it won’t just include overseeing his own state’s insurance market, one of the most dynamic and complicated insurance markets in the world. Rather, for the next year, Insurance Commissioner David Altmaier …
An oil company has agreed to pay almost $2 million for spilling crude oil and wastewater at two central Wyoming oilfields. The spills happened between the fall of 2016 and spring of 2018. One was in the Linch Complex Field …
Montana Gov. Greg Gianforte signed a bill this week intended to protect businesses and health care providers from coronavirus-related lawsuits. Gianforte said the new law will allow businesses to safely open during the pandemic. He also said enough vulnerable Montana …
A growing market niche where investors profit from others’ legal troubles is getting a boost from Covid. Distressed-investing funds and litigation-finance boutiques are likely to be spoiled for choice after a landmark U.K. court ruling last month rejected pleas from …
Farmers in Germany will have to gradually reduce their use of glyphosate and stop using it completely from 2024 in order to preserve clean habitats for insects, under draft legislation passed by the country’s cabinet on Wednesday. “The exit from …
Global insurance and professional services firm Marsh & McLennan Cos. announced that Nzinga Shaw will join the company as chief Inclusion & Diversity officer effective February 16. Shaw most recently served as Starbucks Coffee Co.’s global chief Inclusion & Diversity …
Ireland’s central bank governor told insurers to urgently honor and pay valid claims related to COVID-19 disruption, following a successful test case in court last week, or risk facing legal action by the regulator. Ireland’s High Court ruled on Feb. …
Finnish financial group Sampo on Thursday reported a fourth-quarter loss as the company booked a 899 million euro ($1.09 billion) impairment charge due to a revaluation of its shares in banking group Nordea. The unexpected earnings hit was offset by …
