11th Circuit Adds to Plaintiff Losing Streak for COVID Business Interruption Claims September 2, 2021 By Jim Sams Another federal appellate court has ruled against a policyholder who sought coverage for business interruption losses caused by coronavirus restrictions,... Read More
Judge Will Approve Purdue Pharma Bankruptcy Plan That Shields Sacklers September 2, 2021 By Tom Hals and Mike Spector A U.S. judge said on Wednesday he would approve OxyContin maker Purdue Pharma LP’s bankruptcy reorganization plan, clearing a path... Read More
Amazon’s Answer to Delivery Driver Shortage: Recruit Pot Smokers September 1, 2021 By Spencer Soper Amazon.com Inc. has a solution for a potentially crippling shortage of delivery drivers: Recruit pot smokers. The company is advising... Read More
Judge Begins Ruling on Purdue Pharma Bankruptcy Plan That Shields Sacklers September 1, 2021 By Tom Hals A U.S. judge began delivering his ruling on Wednesday on OxyContin maker Purdue Pharma’s request to approve its bankruptcy reorganization... Read More
Launching Into Space? Not So Fast. Insurers Balk At New Coverage September 1, 2021 By Noor Zainab Hussain and Carolyn Cohn An ever-swelling amount of space debris is threatening satellites that hover around Earth, making insurers leery of offering coverage to... Read More
Insurers May Take $18B Hit From Hurricane Ida – Industry Experts September 1, 2021 Insurers are bracing for a hit of about $18 billion from Hurricane Ida in the United States and the Caribbean,... Read More
Boy Scouts Insurance Fight Complicates Deal to Pay Victims August 31, 2021 By Steven Church A dispute over whether a unit of insurance giant Chubb Ltd. must contribute to a trust fund for sexually abused... Read More
As Ida Leaves Gulf, Analysts Foresee Modest Economic Damage August 31, 2021 By Martin Crutsinger WASHINGTON (AP) — With more than 1 million customers in Louisiana and Mississippi having lost power, Hurricane Ida is sure... Read More
Floods, Outages Stall Energy Firms’ Restart Efforts After Ida August 31, 2021 By Marianna Parraga and Stephanie Kelly HOUSTON — Widespread flooding from Hurricane Ida and power outages on Tuesday slowed efforts by energy companies to assess damages... Read More
U.S. Appeals Court Revives Madoff Trustee Lawsuit Against Citigroup August 31, 2021 By Jonathan Stempel NEW YORK — A federal appeals court on Monday said Citigroup Inc must face a $343.1 million clawback lawsuit by... Read More