Environmental and human rights activist groups said on Monday they had sued BNP Paribas, the eurozone’s biggest bank, for providing financial services to companies they allege contribute to the deforestation of the Amazon rainforest. Brazilian NGO Comissão Pastoral da Terra …
A judge on Friday acquitted a Florida nursing home administrator accused of causing the overheating deaths of nine patients after Hurricane Irma in 2017, saying that his employees had provided care and prosecutors had not proven he should have known …
The cyber-insurance market, battered by a rash of pandemic-era ransomware attacks, is making a comeback. Price hikes are moderating, new carriers and fresh sources of capital are emerging, and companies can better afford coverage. Cyber-insurance pricing increased 10% from a …
A federal judge in Detroit on Thursday dealt a blow to a U.S. labor agency by drastically narrowing his recent order that had barred Starbucks Corp SBUX.O from retaliating against pro-union workers nationwide to cover only one Michigan store. U.S. …
Norfolk Southern Corp. this week can resume shipments of hazardous waste from the site of its freight train derailment in Ohio, a US official said Sunday. Federal officials ordered the railroad last week to pause waste removal at the site, …
Berkshire Hathaway recorded its first full-year underwriting loss since 2017—but a small one—as strong profits from reinsurance operations were almost enough to counterbalance the deteriorating results from the conglomerate’s personal lines insurer GEICO. In fact, while GEICO’s pretax underwriting loss …
North Carolina business and insurance magnate Greg Lindberg has been indicted again on federal criminal charges, this time on accusations that he conspired to skim large amounts of money from his insurance companies, then lied about it to regulators to …
Universal Insurance Holdings Inc. (UVE), parent company of Universal Property & Casualty Insurance Co., last week reported net income of $25.1 million in its fourth quarter, a sharp increase from the previous quarter. On a per-share basis, the Fort Lauderdale, …
The Kentucky Senate voted Friday to provide teachers with liability insurance coverage as a cushion against financial losses when forced to defend themselves against work-related lawsuits. The bill would require Kentucky school districts to provide teachers with primary liability insurance …
A South Florida city has reached a $2 million settlement with the family of a Black motorist who was fatally shot by a police officer after his vehicle broke down on an interstate off-ramp more than seven years ago. The …
