Jury Finds Former NRA Chief LaPierre Misspent Gun Group’s Funds, Owes $4.4M February 27, 2024 By Jake Offenhartz The longtime head of the National Rifle Association, Wayne LaPierre, misspent millions of dollars of the organization’s money, using the...
Hawaii State And County Officials Seeking $1B From Legislature for Maui Recovery February 27, 2024 Hawaii state and county officials have requested about $1 billion from the Legislature to help cover Maui wildfire recovery expenses...
Viewpoint: New Jersey Joins Growing Number of States to Enact a Comprehensive Data Privacy Law February 27, 2024 By Jana Slavina Farmer and Elisabeth Axberger On January 16, New Jersey Gov. Phil Murphy signed into law the New Jersey Data Protection Act, making New Jersey...
Uber Sues Drivers’ Insurer Alleging Its Claims Practices Have Fueled Tort Litigation February 26, 2024 By Andrew G. Simpson Uber Technologies last Friday sued its drivers’ auto insurer for defense and indemnification regarding multiple lawsuits that are seeking to...
Cyber Security Outage at Unitedhealth’s Change Unit Extends for Sixth Straight Day February 26, 2024 UnitedHealth’s technology unit Change Healthcare said it expects disruptions from a recent cyber security attack to last at least through...
US Universities Settle Financial-Aid Antitrust Lawsuit For $166 Mln February 26, 2024 By Mike Scarcella Dartmouth, Northwestern, Rice and Vanderbilt universities have agreed to pay a combined $166 million to resolve claims that they favored...
GEICO’s ‘Eye-Popping’ 2023 Insurance Profits, Falling Employee Counts February 26, 2024 By Susanne Sclafane Even though Berkshire Hathaway’s latest annual report featured Warren Buffett’s forecast that the days of “eye-popping performance” for the giant...
‘Citizens 2.0’ is 86’d but Other Florida Insurance, Liability Bills Still Alive February 26, 2024 A move to revamp the state-backed property insurer of last resort into Florida’s main wind carrier, a plan dubbed “Citizens...
Sotheby’s, Russians, Theft: Insurer Must Defend in High-End Miami Realty Suit February 26, 2024 By William Rabb In the glittering world of high-end south Florida real estate, One Sotheby’s International Realty is known as one of the...
Risk Models Behind World’s Best Hedge Fund Strategy Are Getting a Lot Harder to Crack February 26, 2024 By Gautam Naik and Sheryl Tian Tong Lee As the best hedge fund strategy of 2023 becomes a magnet for mainstream investors, the risk models it relies on...