A Louisiana port owes $124.5 million to owners of a $50 million-plus grain export terminal because the port failed to get federal permits for dredging required by its lease, a federal magistrate judge has ruled. Lake Charles port director Richert …
A group of ransomware hackers used a variety of techniques to try breaching hundreds of companies last year, exploiting a vulnerability in Microsoft Corp.’s Windows and using artificial intelligence technology to create fake LinkedIn profiles, Alphabet Inc.’s Google found. The …
Bills intended to fix a Michigan law that slashed auto insurance payments for crash survivors’ post-acute care are dead for the term, a key lawmaker said. House Speaker Jason Wentworth, a Farwell Republican and backer of the 2019 law, said …
Western companies that maintain a presence in Russia to provide essential goods such as food and medicines are trying to strike a balance between President Vladimir Putin’s government and advocates of Ukraine pulling them in opposite directions. More than 400 …
The Georgia insurance commissioner has joined his California counterpart in calling on insurers to divest their Russian business interests in the midst of the bloody Russian invasion of Ukraine. “The fact that the premiums paid by citizens and entities in …
A missile that was accidentally launched out of India last week fired into the flight path of dozens of commercial jets flying in the region at the same time. Several planes passed through the direct trajectory of the missile that …
A request to depose Mark Zuckerberg as part of Washington, D.C.’s data-privacy lawsuit against Facebook drew a blistering denial from the judge overseeing the case, who called the attempt “frankly annoying.” D.C. Superior Court Judge Maurice A. Ross said Tuesday …
Broker CAC Specialty said the representations and warranties insurance (RWI) market has tightened significantly in Russia, Ukraine, and other impacted regions with some underwriters outright denying coverage. “For underwriters that historically offered terms on deals with exposure in these areas, …
Gov. Charlie Baker unveiled a bill Tuesday that he said would help expand access to primary care and mental health services and help control rising health care and prescription drug costs. The Republican detailed the legislation during a stop at …
Swiss Re announced that Ivan Gonzalez has been appointed CEO Reinsurance China and China country president with effect from July 1, 2022. He will relocate from New York to Beijing. Katie McGrath will succeed Ivan as regional CEO for Swiss …
