The Spectacular Fall of FTX: Considerations About Crypto Custody and Insurance November 15, 2022 By Jonathan Reid Reich The FTX crypto exchange (and more than 130 affiliates) filed for bankruptcy in Delaware. FTX was recently valued at $32...
Goldman Sachs Paid Over $12M to Bury Partner’s Claim of Sexist Culture November 15, 2022 By Sridhar Natarajan and Max Abelson Goldman Sachs Group Inc. paid out well over $12 million to a veteran executive who complained internally about a toxic...
People Moves: Coppola New CUO at QBE; FloodFlash Names N.A. CEO; Liberty Mutual Hires in Energy, Construction November 15, 2022 QBE North America Appoints Coppola Chief Underwriting Officer QBE North America has appointed Laura Coppola as chief underwriting officer. Coppola...
AI Algorithms, Strict Place-of-Work Rules Potential Trouble Spots for Employment Claims November 15, 2022 By Jim Sams SAN DIEGO — Technological innovations and changing work arrangements brought on by the COVID-19 pandemic are among some of the...
Google to Pay About $400 Million to Settle Location-Tracking Lawsuit November 14, 2022 By Diane Bartz and Alexandra Alper Alphabet’s Google will pay $391.5 million to settle allegations by 40 states that the search and advertising giant illegally tracked...
Elon Musk Trial Opens to Decide Fate of His $56B Tesla Pay November 14, 2022 By Tom Hals A trial opened Monday over shareholder allegations that Tesla Inc Chief Executive Elon Musk’s $56 billion pay package was rigged...
FEMA Projects $3.5-$5.3B NFIP Losses for Hurricane Ian November 14, 2022 n Friday, the Federal Emergency Management Agency announced an initial estimate of Hurricane Ian losses for the National Flood Insurance...
UPDATED: All the Latest Insurance Company Hurricane Ian Estimates Plus NFIP November 14, 2022 With third-quarter earnings reports for publicly traded companies slowing down to a trickle, and FEMA publishing an estimate of NFIP...
Elizabeth Holmes Should Get 15 Years’ Prison for Fraud, US Says November 14, 2022 By Joel Rosenblat Former Theranos Inc. Chief Executive Officer Elizabeth Holmes should spend 15 years in prison for committing one of the most...
Voters Approve Recreational Marijuana in Two More States to Total 21 November 10, 2022 By Andrew DeMillo Voters approved recreational marijuana in Maryland and Missouri but rejected it in three other states, signaling support gradually growing for...