The White House Wants $4B to Rebuild Key Bridge in Baltimore And Respond to Other Disasters July 1, 2024 By Seung Min Kim The White House is seeking roughly $4 billion in additional emergency funding from Congress for costs related to the collapse...
Record-Breaking Hurricane Beryl Is Getting Stronger on a Path to Grenada July 1, 2024 By Brian K. Sullivan Record-breaking Hurricane Beryl is intensifying as it churns through the Caribbean south of Grenada, where it’s forecast to unleash catastrophic...
Justice Department to Charge Boeing, Seeks Guilty Plea From Planemaker July 1, 2024 By Allyson Versprille and Chris Strohm The US Justice Department will charge Boeing Co. with criminal fraud, leaving the planemaker to choose between pleading guilty or...
Texas Health System Loses COVID-19 Business Interruption Suit – 5th Circuit July 1, 2024 By Ezra Amacher A Texas nonprofit health system who purchased a specialized commercial property insurance policy is not covered for business interruption losses...
Citi Seeks Dismissal of Ex-Compliance Worker’s Retaliation Suit July 1, 2024 By Sabrina Willmer Citigroup Inc. asked a court to dismiss a lawsuit by a former senior data compliance official who accused it of...
Allstate, Nationwide Post Dramatic First Quarter Homeowners Loss Ratio Drops July 1, 2024 In the topsy-turvy world of homeowners insurance, first-quarter loss ratios have been bouncing around for the last five years—from below...
NHTSA Opens Recall Query into More Than 120,000 Honda Vehicles June 28, 2024 By Kannaki Deka The U.S. auto safety regulator said on Friday it has opened a recall query into over 120,000 Honda 7267.T Ridgeline...
As Rates Rise, Majority of Homeowners Say Insurance Industry Is in Crisis, Survey Shows June 28, 2024 By Jahna Jacobson Homeowners are cutting back on dining out, travel, groceries and even medication to afford their soaring property insurance premiums. One...
NFL Hit With $4.7 Billion Damages in Sunday Ticket Trial June 28, 2024 By Ali Juell, Rachel Graf and Maia Spoto The National Football League was hit with about $4.7 billion in damages — which stands to be tripled to $14...
Supreme Court Ends OxyContin Settlement, Cracking Sackler Shield June 28, 2024 By Jonathan Randles and Greg Stohr The US Supreme Court tossed Purdue Pharma LP’s $6 billion opioid settlement, nixing a deal that would have funded opioid...