Uvalde Shooting Victims Seek $27B, Class Action in Lawsuit December 5, 2022 Victims of the Uvalde school shooting that left 21 people dead have filed a lawsuit against local and state police,...
Reckitt Expects U.S. Infant Formula Shortage Until Spring December 2, 2022 By Richa Naidu The near year-long infant formula shortage in the United States that prompted the intervention of the White House is likely...
2022 Hurricane Season Ends But Was the Third-Costliest on Record, Thanks to Ian December 2, 2022 By Staff and Wire Reports An Atlantic hurricane season that had 14 named storms officially ended on Wednesday, leaving residents in the Florida Keys to...
‘Droves’ of Global Re Market Entrants Unlikely; Outlook Stable: AM Best December 2, 2022 Will 2023 reinsurance renewals mark a turning point to a “true hard market” that attracts “new capital in droves” and...
Citigroup in Talks to Recoup Errant $500M Revlon Loan Payment December 2, 2022 By Jonathan Stempel Citigroup Inc. is negotiating the return of about $500 million it mistakenly paid a group of hedge funds and investment...
DOJ Watchdog Seeks Independent Review of FTX Bankruptcy December 2, 2022 By Dietrich Knauth The U.S. Department of Justice’s bankruptcy watchdog on Thursday called for an independent investigation into the collapse of crypto exchange...
Facebook Accused by Female Truckers of Skewing Job Ads December 2, 2022 By Paresh Dave Meta Platforms Inc. unlawfully steered dozens of hiring ads from trucking companies and other advertisers to mostly one gender or...
NASA: U.S. Coastlines Could Experience a Foot of Sea Level Rise Within 30 Years December 1, 2022 By Don Jergler Sea levels along U.S. coastlines could rise as much as 12 inches above today’s waterline by 2050, according to NASA...
Arch Insurance North America Promotes First to President December 1, 2022 Brian First has been promoted to president of Arch Insurance North America. First was promoted from chief underwriting officer of...
Hurricane Ian Drives Global Insured Losses of $115B From Natural Disasters: Swiss Re December 1, 2022 By L.S. Howard Hurricane Ian and other natural catastrophes, such as European winter storms, floods in Australia and hailstorms in France and the...