The Group of Seven (G7) wealthy nations is looking at blocking the transportation of Russian oil among other options to deprive Moscow of bumper revenues amid its invasion of Ukraine, unless it heeds a price cap. In a statement released …
French insurer AXA announced a new share buyback program as it posted a 3% rise in first-half net profit, driving up its stock price. AXA, Europe’s second-biggest insurer behind Germany’s Allianz, said it would buy back up to 1 billion …
U.S. crypto firm Nomad has been hit by a $190 million theft, blockchain researchers said on Tuesday, the latest such heist to hit the digital asset sector this year. Nomad said in a tweet that it was “aware of the …
West Virginia cities and counties reached a $400 million tentative settlement with three major U.S. drug distributors, lawyers announced Monday. In a lawsuit in state court, the cities and counties accused the distributors of fueling the opioid epidemic. The companies …
A truck driver is expected to accept responsibility for causing the death of a state police detective who was struck by a dislodged tire as he was assisting a driver alongside Interstate 95. Scott Willett, 55, of Patten, reached a …
California Insurance Commissioner Ricardo Lara this week ordered insurers to preserve residential insurance coverage for the county of Mariposa following Gov. Gavin Newsom’s emergency declaration. Lara’s order shields those properties within the perimeter or in adjacent ZIP Codes of the …
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) adopted the Texas claim EDI release 3.1.4 standard on March 9, 2022. As a result, DWC’s designated data collection agent, Insurance Services Office, Inc., a wholly owned subsidiary of Verisk …
A Baton Rouge, Louisiana roofing contractor – who ignored federal safety inspectors’ February 2022 warnings that not complying with required fall protection standards exposed their workers to serious dangers – now faces the consequences after an investigation into a worker’s …
FCA US LLC (FCA US), formerly Chrysler Group LLC, was sentenced in federal court in Detroit and ordered to pay a fine of $96,145,784; and a forfeiture money judgment of $203,572,892. The court also imposed a three-year term of organizational …
A crash involving a wrong-way car on an interstate in northern Illinois left seven people dead Sunday, including five children, authorities said. The crash occurred around 2 a.m. on Interstate 90 in McHenry County, roughly 50 miles (80 kilometers) from …
