A U.S. banking regulator is urging banks dealing with cryptocurrency companies that they need to make sure customers know which of their funds will be insured by the government in case of collapse, and which have no safety net. The …
Elon Musk countersued Twitter Inc. on Friday, escalating his legal fight against the social media company over his bid to walk away from the $44 billion purchase, although the lawsuit was filed confidentially. While the 164-page document was not publicly …
Immediately after Lemonade closed its deal of Metromile July 28, job boards lit up with news of layoffs at the acquired company. Former Metromile employees have been posting the news on LinkedIn, with others offering potential opportunities. According to Blind, …
Florida Gov. Ron DeSantis has reappointed venture capitalist Erin Knight to the Citizens Property Insurance Corp. board of governors, the governor’s office announced. Knight, of Coral Gables, was appointed a year ago and is one of three people DeSantis has …
Blue Cross & Blue Shield of Mississippi on Thursday said it was suing three employees of the University of Mississippi Medical Center for allegedly spreading false information. The lawsuit is the latest development in a dispute between the state’s largest …
The recent brouhaha regarding Demotech and its Financial Stability Ratings (FSRs) of as many as 20 Florida insurers has now come full circle…almost. One important question remains unanswered. Before answering the question, and for those who’ve just joined the discussion, …
Six workers suffered severe burns following a Friday morning explosion at a oil drilling storage tank in central Mississippi. The workers sustained burns on at least 50% of their bodies, with one being burned from head to toe, said Minor …
Directors and officers insurance has been pricey and tough to obtain for cannabis companies since the industry started requiring coverage. D&O is difficult in most business sectors (For more on that check out: “You’ve Heard it Before, so Here it …
A lawsuit brought by a former altar boy who alleges he was sexually abused as a child in the 1960s by a now-deceased Roman Catholic bishop and other clergy can proceed, the highest court in Massachusetts said in a decision …
A fast-moving fire damaged one of Philadelphia’s best-known cheesesteak shops early Friday, but authorities say no injuries were reported. Dozens of firefighters and other emergency responders went to Jim’s Steaks on South Street when the fire was reported around 9:30 …
