Credit Suisse has applied to the English High Court to initiate formal legal proceedings against Japan’s SoftBank Group Corp. in a $440 million dispute over Greensill-linked funds, two sources familiar with the matter said on Thursday. Switzerland’s second-largest bank is …
Federal safety inspectors have cited the operator of several Baton Rouge-area car wash, oil change, fueling and convenience store locations after a workplace violence investigation into the stabbing of an assistant manager on Feb. 6, 2022. The employee was treated …
The odds of La Niña hanging around for a few more months are climbing, bolstering chances of more storms as the Atlantic hurricane season reaches its peak. There’s an 80% chance the waters across the equatorial Pacific Ocean will stay …
Mergers and acquisitions in the global reinsurance sector will be limited into 2023 amid investor concerns over macroeconomic risks and heightened catastrophe losses linked to climate change, according to Fitch Ratings. “We expect reinsurers to prioritise pricing, risk management and …
Hub International Ltd., the Chicago-based insurance brokerage and financial services firm, announced it has acquired Jaimac Risk Management Inc. Terms of the transaction were not disclosed. Located in Ottawa, Ontario, Canada, Jaimac is an independent insurance brokerage specializing in risk …
The family of a Michigan woman who was killed after an air bag module exploded in her SUV following a crash filed a lawsuit alleging negligence. The complaint was filed last Thursday in Houghton County Circuit Court and names Arc …
A U.S. judge on Thursday said Peloton Interactive Inc. must face a proposed class action lawsuit accusing the bike and treadmill maker of misleading customers about the “ever-growing” size of its library of on-demand fitness classes. The lawsuit stemmed from …
A beachgoer was killed Wednesday after a loose beach umbrella impaled her in the chest, authorities said. The umbrella was blown from its anchoring by the wind around 12:40 p.m. and hit Tammy Perreault while she was at a Garden …
A Georgia dairy farm has been fined after a release of food waste caused a fish kill, a rare instance of government getting involved with a practice that counties can’t regulate despite chronic complaints from residents. WAGA-TV reports the Georgia …
Leaders of the Southern Baptist Convention said Friday that several of the denomination’s major entities are under investigation by the U.S. Department of Justice in the wake of its multiple problems related to clergy sex abuse. The SBC’s Executive Committee …
