Yearly Archives: <span>2023</span>

Florida Injury Attorney Who Used LOPs Charged With Stealing $850,000 from Clients

A Tampa-area personal injury attorney, once active in auto accident, rideshare and other insurance claims litigation, has been arrested and charged with multiple counts of money laundering and grand theft. The Pinellas County Sheriff said that attorney Christopher Michael Reynolds …

Kobe Bryant Family Settles Photo Lawsuit in California for $28.5M

The family of the late Kobe Bryant has agreed to a $28.5 million settlement with Los Angeles County to resolve the remaining claims in a lawsuit over deputies and firefighters The figure includes a newly agreed upon payment from the …

Ex-Cardinal Cites Dementia In Asking Court to Dismiss Sex Assault Case

Lawyers for former Roman Catholic Cardinal Theodore McCarrick filed a motion this week to dismiss a case charging him with sexually assaulting a boy decades ago, saying the 92-year-old once-powerful American prelate has dementia and is not competent to stand …

Fidelis Insurance Holdings Submits Draft Registration With SEC for Proposed IPO

Bermuda-based Fidelis Insurance Holdings Ltd. announced it has submitted a draft registration statement on with the Securities and Exchange Commission, relating to a proposed initial public offering of its common shares. The number of common shares to be offered and …

Russia Accuses West of ‘Shamelessly Burying’ Black Sea Grain Deal

Russian Foreign Minister Sergei Lavrov on Thursday accused the West of “shamelessly burying” the Black Sea grain initiative that facilitates the export of Ukraine’s agricultural products from its southern ports, the RIA Novosti news agency reported. While remaining in the …

Thousands of Michigan Residents Without Power After Back-to-Back Ice Storms

The power in Leah Thomas’ Beverly Hills, Michigan, home went out about 9 p.m. last Wednesday. It was back on Sunday evening but was lost again the next day. And like thousands of Michigan residents left in the dark following …

Financial Services Provider F88 Raises $47M Ahead of Planned Vietnam IPO

F88 Investment JSC, a financial services firm, has raised at least $47 million from Vietnam-Oman Investment Fund, or VOI, and Mekong Capital Fund IV, to fuel expansions of its distribution network and digital business ahead of a planned initial public …

People Moves: Ashley Promoted to Division President of Chubb Tempest Re Int’l; Argenta Taps TMK’s Groves as Head of Cyber; Mosaic Hires Chief People Officer

This edition of International People Moves details appointments at Chubb Tempest Re, Argenta Syndicate Management Ltd., and Mosaic Insurance. A summary of these new hires follows here. Ashley Promoted to Division President of Chubb Tempest Re Int’l, Succeeding Roberts Chubb …

China Eases Deadline Pressure for Multinationals’ Compliance With Data Security Rules

Chinese regulators have eased some deadline pressure on multinational companies struggling to comply with new rules requiring them to seek approval to export user data, according to lawyers advising clients on the matter. In theory, global companies operating in China …

Oklahoma Captive Program Grows 15% in 2022

The state of Oklahoma added 11 new captive insurance companies in 2022 and has already issued three additional captive insurer licenses in 2023, according to the Oklahoma Insurance Department (OID). Oklahoma also reported four captive dissolutions in 2022. The state …