News

Baldwin Sues to Clear Name in New Mexico Movie Set Killing

Saying he wants to clear his name, Alec Baldwin is suing people involved in handling and supplying the loaded gun that he was using when it fired, killing cinematographer Halyna Hutchins during a 2021 filming accident in New Mexico. Baldwin …

FEMA Projects $3.5-$5.3B NFIP Losses for Hurricane Ian

n Friday, the Federal Emergency Management Agency announced an initial estimate of Hurricane Ian losses for the National Flood Insurance Program, putting them in the range of $3.5-$5.3 billion, including loss adjustment expenses. The losses include flood insurance claims received …

2 Contractors Face $690K OSHA Fines Over Mezzanine Collapse, Asbestos at Boston Plant

Two Massachusetts contractors are facing a combined $690,000 in penalties for alleged safety errors that led to worker injuries during a demolition and asbestos abatement project at a former South Boston power plant. On May 5, 2022, an employee of …

Accused SC Attorney Murdaugh’s Involvement Looms Over Fraud Trial of his Banker

A banker accused of helping disbarred attorney Alex Murdaugh take money from the legal settlements of clients is the first person to stand trial in the sprawling rural South Carolina legal drama that has captivated true-crime audiences. Former Palmetto State …

UPDATED: All the Latest Insurance Company Hurricane Ian Estimates Plus NFIP

With third-quarter earnings reports for publicly traded companies slowing down to a trickle, and FEMA publishing an estimate of NFIP last Friday, Carrier Management has updated a company-by-company list of Hurricane Ian estimates. The latest figures tally to $20.2 billion …

Collapsed Crypto Exchange FTX Flags Millions of Dollars of Unauthorized Transactions

Crypto exchange FTX was engulfed in further chaos on Saturday when the company said it had detected unauthorized transactions and analysts flagged that millions of dollars of assets had been moved from the platform in “suspicious circumstances.” FTX filed for …

Judge Orders Alex Jones to Pay $473M More to Sandy Hook Families

Infowars host Alex Jones and his company were ordered by a judge Thursday to pay an extra $473 million for promoting false conspiracy theories about the Sandy Hook school massacre, bringing the total judgment against him in a lawsuit filed …

Aon Buys Mexico’s ERN, Expanding Its LatAm Catastrophe Modeling Capabilities

Aon plc, the global professional services firm, expands its catastrophe modeling and consultancy capabilities in Latin America with the acquisition of ERN (Evaluación de Riesgos Naturales), a Mexico-based leader in risk assessment modeling. Financial details of the deal were not …

UK Government Rushes to Outline Proposed Power to Overrule Financial Regulators

The UK government is rushing to outline a proposed power to overrule the City of London’s financial regulators, as it tries to avoid accusations that the move is an attack on their independence. The power is due to be added …

3 Australian Banks Settle Class Action Lawsuits Over Sale of Credit Insurance Products

Three of Australia’s “big four” banks settled separate class action lawsuits for A$126 million ($84.51 million) with Slater & Gordon, who took the banks to court two years ago over sale of credit insurance products, the companies said on Monday. …

News Archives by Month