Credit Suisse Clears 1st Hurdle Toward $440M Greensill Lawsuit Against SoftBank December 8, 2022 By Jonathan Browning Credit Suisse Group AG cleared the first hurdle toward kick-starting a long-awaited $440 million lawsuit against SoftBank Group Corp. stemming...
AM Best Revises Outlooks to Negative for Wisconsin’s Badger Mutual December 8, 2022 AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and...
Coast Guard Blames Pilot for Cargo Ship Grounding in Chesapeake Bay in March December 8, 2022 By Rebecca Santana A Coast Guard investigation into the grounding in March of a cargo ship in the Chesapeake Bay faulted the pilot...
Cosby, NBC, Studio Face New Sex Abuse Lawsuit Under New York’s Filing Extension December 8, 2022 By Maryclaire Dale Five women who have long accused Bill Cosby of sexually assaulting them early in their careers have filed the latest...
Court Weighs Novel Issue of Crypto Ownership in Bankruptcy December 8, 2022 By Tom Hals and Dietrich Knauth A U.S. judge this week is considering for the first time the question of who owns bitcoin and other tokens...
G-7’s Price Ceiling on Russia Oil Isn’t Low Enough to Hit Putin’s War Budget: Economists December 8, 2022 By Bloomberg News The Group of Seven’s price ceiling on Russian oil exports isn’t low enough to take a big bite out of...
Millions of Barrels of Oil Stuck Near Turkey on Sanctions-Related Insurance Glitch December 8, 2022 By Alex Longley, Sherry Su and Christopher Condon A backlog of oil tankers at the Turkish straits continues to build up as negotiations failed to produce a solution...
AmTrust: Mental Stress, Other Restaurant Injuries Up Since COVID December 8, 2022 According to a new report by AmTrust Financial Services, while overall restaurant injuries are down, specific injuries, including crushing, fainting,...
NHTSA Opens Safety Probes Into Honda, Jeep, Ram Vehicles December 8, 2022 By David Shepardson The U.S. National Highway Traffic Safety Administration (NHTSA) is opening new safety probes into 1.72 million Honda vehicles, 230,000 Jeeps...
Florida OIR Wants Longer Notice on UPC’s Policy Cancellations for Runoff December 8, 2022 United Property & Casualty Insurance Co., now in the midst of an orderly run-off after years of heavy losses, had...