CyberCube announced $50 million in additional growth capital from investment funds managed by Morgan Stanley Tactical Value (Morgan Stanley), with continued participation from all existing investors Forgepoint Capital, Hudson Structured Capital Management (Bermuda) Ltd., MTech Capital, and key investors from …
A New York attorney and surgeon were convicted by a Manhattan jury of six counts of fraud for participation in an illegal scheme that included false insurance claims and unnecessary surgeries for alleged injuries from staged trips and falls, a …
A federal workplace safety investigation found that a Kyle vehicle parts manufacturer ignored repeated concerns raised by workers, and willfully exposed them to hazards related to unsafe machine operations, potential falls and a lack of personal protective equipment. An inspection …
Insurers are denying or limiting coverage to clients with exposure to bankrupt crypto exchange FTX, leaving digital currency traders and exchanges uninsured for any losses from hacks, theft or lawsuits, several market participants said. Insurers were already reluctant to underwrite …
COLUMBUS, Ohio (AP) – A woman repeatedly raped as a child is eligible for millions of dollars in additional compensation because a state cap on pain-and-suffering awards is unconstitutional as applied to cases like hers, a divided Ohio Supreme Court …
MIDLAND, Texas (AP) – The Texas Railroad Commission, which oversees the state’s oil and gas industry, on Saturday sent investigators to west Texas following a 5.4 magnitude earthquake near Midland. “RRC inspectors will be examining disposal activity at injection well …
FARMERVILLE, La. (AP) – Five Louisiana law enforcement officers were charged Thursday with state crimes ranging from negligent homicide to malfeasance in the deadly 2019 arrest of Ronald Greene, a death authorities initially blamed on a car crash before long …
JEFFERSON CITY, Mo. (AP) – A bill requiring stricter safety rules in response to the 2018 deadly sinking of a tourist boat in Missouri is headed to President Joe Biden for his signature. The legislation, which passed the Senate on …
Citigroup Inc. reached an agreement with all 10 Revlon Inc. lenders it mistakenly paid about $500 million on a loan, ending litigation of more than two years, a court document showed on Friday. Citigroup, as Revlon’s loan agent, had accidentally …
The question of whether a state guaranty fund, which assumed outstanding claims for insolvent insurers, is considered a primary payer and owes money to Medicare, will have to wait for another day to be answered – for a second time. …
