FEMA Transfers More Flood Risk with $300 Million Cat Bond April 23, 2019 The Federal Emergency Management Agency (FEMA) has again turned to private reinsurance markets to help strengthen the financial framework of...
U.S Now Probing 12 Million Air Bags for Possible Deadly Electrical Flaw April 23, 2019 By Ryan Beene The U.S. National Highway Traffic Safety Administration is investigating a possible deadly flaw in some 12.3 million vehicles that could...
Weinstein’s Companies, Directors, Officers Off the Hook for Sexual Misconduct Claims April 23, 2019 By Chris Dolmetsch, Bloomberg Harvey Weinstein’s former companies and their officers and directors were dismissed from a federal lawsuit filed by 10 women, who...
Municipalities Try to Reassure Investors on Climate Risks in Bond Offerings April 23, 2019 By Danielle Moran When Miami Beach borrowed $162 million from Wall Street this week, it wanted investors to know rising seas and extreme...
Cops Draw Blood to Catch Impaired Drivers April 23, 2019 By Jenni Bergal, Stateline It was about 6:30 on a Friday night in January when Phoenix Police Det. Kemp Layden pulled over a white...
J&J Asks Federal Court to Assume Baby Powder Lawsuits from State Courts April 23, 2019 By Margaret Cronin Fisk, Jef Feeley and Steven Church Johnson & Johnson wants a federal judge to take over more than 2,000 baby-powder lawsuits it faces instead of allowing...
Student Sues Apple for $1 Billion, Blames Face-Recognition Tech for False Arrest April 23, 2019 By Andrew G. Simpson Apple is being sued for $1 billion in damages by an 18-year-old college student who blames the company’s facial recognition...
Tokio Marine’s ProAg to Acquire AmTrust Financial’s Crop Insurance MGA April 22, 2019 Producers Ag Insurance Group Inc. has agreed to acquire Leawood, Kan.-based managing general agent AmTrust Agriculture Insurance Services. The deal,...
Supreme Court to Weigh If U.S. Job Bias Law Protects Gay, Transgender Employees April 22, 2019 By Greg Stohr The U.S. Supreme Court will consider whether federal law bars employers from discriminating on the basis of sexual orientation and...
Class Action Defense Costs Rising; Wave of Cyber Actions Predicted April 22, 2019 The overall cost to large businesses of defending against class action lawsuits continues to rise even as the number of...