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SEC Intends to Seek Sanctions Against Elon Musk in Twitter Probe

The U.S. Securities and Exchange Commission said on Friday it intends to seek sanctions against Elon Musk after he failed to appear for court-ordered testimony for the regulator’s probe into his $44 billion takeover of Twitter. In a filing in …

Google Judge Questions Company Testimony as Ad Defense Begins

A senior Google executive sought to refute the US Justice Department’s antitrust case over its display advertising technology business, testifying that it faces “fierce competition” from the likes of Microsoft Corp., Amazon.com Inc. and Meta Platforms Inc. But the federal …

J&J Unit Files for Bankruptcy to Advance $10 Billion Talc Settlement

A Johnson & Johnson subsidiary filed for bankruptcy for a third time on Friday as the healthcare giant seeks to advance an approximately $10 billion proposed settlement that would end tens of thousands of lawsuits alleging that the company’s baby …

Lloyd’s Syndicate Firm Launches Professional Liability Insurer, Based in Charlotte

Beat Capital Partners, a London-based incubator of underwriting franchises and subsidiary of Ambac Financial Group, said it has launched a professional liability insurance company, based in Charlotte. ProRise Insurance Services will stand up Oct. 1, with Doug Karpp, a former …

Hotter Summers Making High School Football a Fatal Game for Some Players

BRANDON, Mississippi (AP) — Soon after Ashanta Laster reached the hospital, she was ushered into the emergency room where she saw doctors performing CPR on her teenage son. Laster had gotten a call that 17-year-old Phillip Laster Jr., a lineman …

Couple Accused of Using Theater Group’s Credit Card Settles With Insurer

A Connecticut couple who previously lived in Tampa, Florida, has agreed to settle a subrogation lawsuit brought by Philadelphia Indemnity Insurance Co., which accused the couple of using a nonprofit theater group’s credit card for personal gain. The suit said …

Officials Identify 2 Men Killed in Idaho Gas Station Explosion

Authorities have identified two people killed when a gas station exploded and started a fire in a remote Idaho town last week. The Clearwater County Sheriff’s Office said Brandon Cook, 53, of Orofino and Wesley Lineberry, 62, of Pierce were …

Vermont City Pays $215K to Settle Lawsuit Accusing Officer of Excessive Force

Vermont’s largest city of Burlington has paid $215,000 to settle a lawsuit accusing a police officer of using excessive force by grabbing a man and slamming him to the ground, knocking him unconscious in September of 2018. According to the …

While Other States Struggle, New Hampshire Boasts Insurance Is ‘Going Quite Well’

Consumers are hearing a lot about insurance difficulties around the country. The news from California and Florida and elsewhere about how disasters, skyrocketing premiums and carrier withdrawals are making coverages hard to find and afford naturally raises concerns in other …

Registration for Louisiana Fortify Homes Program Grants Closes on September 20

Registration for the next round of Louisiana Fortify Homes Program (LFHP) grants is currently underway and will close at 5 p.m. on Friday, September 20, the Louisiana Department of Insurance announced. The registration period opened at 8 a.m. on Wednesday, …

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