Law Firm Faces Sanctions for Failing to Vet Ugandan Claims in $6B 3M Case January 9, 2026 By William Rabb An Alabama law firm will likely have to pay more than $800,000—plus another $100,000 in sanctions—for failing to verify hearing...
Company Hit With $9 Million Fine for 2023 Oil Spill off Louisiana Coast January 9, 2026 By Josh Funk Pipeline safety regulators this week assessed their largest fine ever against the company responsible for leaking 1.1 million gallons of...
Russian-Bound Tanker Hit by Drone in Black Sea, Maritime Sources Say January 9, 2026 By Jonathan Spicer and Jonathan Saul A Russia-bound oil tanker suffered a drone attack in the Black Sea that prompted it to request Turkish coastguard assistance...
China Urges Nestlé to Work Quickly on Baby Formula Recall January 9, 2026 By Fabienne Kinzelmann Chinese authorities are urging Nestlé SA to work quickly in recalling baby formula products in the mainland over potential contamination...
Markets/Coverages: Mosaic Insurance Launches Bermuda Excess Casualty Business January 9, 2026 Mosaic Insurance has launched an excess casualty unit, its eighth global product line, and hired specialist April Andruczyk to lead...
Insurers Buy Erste SRT Deal Linked to €10 Billion Loans for M&A January 9, 2026 By Esteban Duarte and Marton Eder Erste Group Bank AG sold a significant risk transfer linked to more than €10 billion ($11.7 billion) of loans as...
CRC Group Completes Acquisition of Lloyd’s Managing Agency Atrium January 9, 2026 CRC Group, the Charlotte, North Carolina-based wholesale specialty and MGA business, announced the completion of its acquisition of Atrium, the...
Japanese Insurer Sompo to Ramp Up Overseas Credit Investments January 9, 2026 By Nao Sano Sompo Holdings Inc. is aiming to increase investments in higher-yielding overseas credit to boost profits as traditional business flounders at...
Detroit Suburb to Pay Settlement in the Case of Woman Improperly Declared Dead January 9, 2026 By Ed White A Detroit suburb has agreed to a $3.25 million settlement with the family of a young woman who had been...
Texas Congresswoman Wants Legal Status for Migrant Construction Workers January 9, 2026 By Berenice Garcia, The Texas Tribune U.S. Rep. Monica De La Cruz promised to explore new ways for migrants to work legally in the construction industry....