Citi Pushes Back on NY’s Online Fraud Suit: We’re Not ‘Bad Guys’ October 9, 2024 By Chris Dolmetsch Citigroup Inc. said US banks will be forced into a “dramatic shift” in how electronic payments are processed if New... Read More
FTX Cleared to Repay Billions in Settlements After Bankruptcy Plan OK October 9, 2024 By Dietrich Knauth FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up... Read More
Editor's Picks Verisk’s Insured Loss Estimates From Helene in Line with Other Modelers October 8, 2024 Another important modeler has rung in with insured loss estimates from the damages wrought by Hurricane Helene. Verisk estimates industry... Read More
As Milton Nears, Flood-Proof Fences Will Face a Major Test in Tampa October 8, 2024 By Monique Mulima For the second time in two weeks, Tampa General Hospital is getting ready to keep water at bay. Hurricane Milton... Read More
TikTok Sued by 13 States and DC, Accused of Harming Younger Users October 8, 2024 By Jody Godoy and David Shepardson TikTok faces new lawsuits filed by 13 U.S. states and the District of Columbia on Tuesday, accusing the popular social... Read More
Editor's Picks Hurricane Milton Is About to End Tampa’s Century of Good Luck October 8, 2024 By Lauren Rosenthal, Michael Smith and Claire Ballentine Milton is on track to deal a devastating blow to Florida’s vibrant Tampa Bay region, potentially delivering the first direct... Read More
Limp Bizkit Seeks $200 Million From Universal Music Over Unpaid Royalties October 8, 2024 By Ashley Carman and Lucas Shaw Fred Durst, frontman of the rock band Limp Bizkit, sued Universal Music Group NV, the world’s largest record company, claiming... Read More
Court Orders Start to Expose ‘Startling’ Data on Litigation Funding Sources October 8, 2024 By Chad Hemenway There is no federal law that requires the disclosure of litigation funding agreements in court cases, but some disturbing insight... Read More
JPMorgan Client Who Lost $50 Million Fortune Amid Dementia Is Denied Trial October 8, 2024 By Tom Schoenberg A once-wealthy JPMorgan Chase & Co. client whose portfolio crumbled as he slid into dementia lost a legal battle seeking... Read More
Expert Viewpoints Claims Analysis: Roofs Define Luxury Homes’ Insurability October 8, 2024 By Stephen Poux and Diane Delaney The insurance industry is facing a significant rise in roof-related claims. The combination of increasingly severe weather events, inflation-driven repair... Read More