Monthly Archives: <span>January 2023</span>

Administrator Releases Financial Plan for Jackson’s Shaky Water System

The interim manager appointed by the U.S. Department of Justice to reform the troubled water system in Mississippi’s capital city released a new financial plan Friday to change the way Jackson bills for water and to spend hundreds of millions …

Video Evidence Questions Alex Murdaugh’s Claimed Timeline in SC Murder Trial

Alex Murdaugh’s comments to police about his whereabouts around the time his wife and son were fatally shot may not have been accurate, according to video evidence presented by prosecutors Friday at the South Carolina attorney’s murder trial. In cross …

Today Is Deadline for New York Gov. Hochul to Decide on Bill to Expand Wrongful Death Damages

Today is the deadline for New York Gov. Kathy Hochul to decide whether to sign legislation that will expand the types of damages that could be won in wrongful death cases. The bill, known as the Grieving Families Act, seeks …

Maine Jury Awards $4.5M for Claim of Sexual Abuse Committed 30 Years Ago

PORTLAND, Maine (AP) — A jury has awarded $4.5 million in damages to a woman whose lawsuit contended she was sexually abused three decades ago by a family friend in Maine. The federal jury found in favor of 36-year-old Julia …

Markets/Coverages: WTW Launches Cyber Facility, Providing Excess Capacity Globally

A new excess layer cyber facility, called CyXS, was launched by WTW, providing excess layer cyber capacity for global clients. Key elements of the facility include: Capacity: Access to up to 50 million (USD/ GBP/ EUR) of excess layer capacity …

Intercontinental Exchange to Start Rival London Gas Market to Dodge EU Price Cap

Intercontinental Exchange Inc. will open a parallel natural gas market in London to help traders avoid potential disruptions from new European Union rules to cap energy prices. The new market will offer benchmark Dutch Title Transfer Facility futures and options …

French (Yes, French) Executives Are the World’s Worst Workaholics: Survey

Americans have popularized “hustle culture,” but it’s French executives who binge work the most, according to a new survey. Nearly four in ten French business leaders admit to working intense, long hours without regular breaks, well above the 25% global …

Legal & General’s Wilson to Retire After Decade as CEO

Legal & General Group Plc’s veteran chief executive officer is to retire after more than a decade at the helm of the insurer. Nigel Wilson has told the insurer’s board he “would like to retire from executive life,” according to …

Insurers Hit With Thousands of Claims Following Storms and Floods in New Zealand

Major insurers operating in New Zealand including Insurance Australia Group and Suncorp Group have cumulatively received over 9,000 claims so far following severe storms and flooding in and around the biggest city, Auckland. As of Monday morning, Suncorp’s Vero and …

Filipino Workers Say Oil Company Abandoned Them in Hurricane Ida

NEW ORLEANS (AP) – As Hurricane Ida struck the Louisiana Gulf Coast in August 2021, Renato Decena and Rosel Hernandez watched the storm punch a hole in the roof of the bunkhouse where they were sheltered _ abandoned, they allege, …