Editor's Picks Hurricane Milton Could Cost Insurers $60B, Raise Reinsurance Rates, RBC Says October 9, 2024 By Carolyn Cohn and Noor Zainab Hussain, Hurricane Milton could result in a $60 billion loss for the global insurance industry, creating a surge in 2025 reinsurance... Read More
J&J’s Court-Shopping Strategy Pits New Jersey Home Against Texas October 9, 2024 By Jonathan Randles and Steven Church Johnson & Johnson’s bold move to skirt a US court in New Jersey and seek a potentially friendlier venue in... Read More
Editor's Picks Expert: Fraudulent Jewelry Claims a Low-Cost, High-Payout Endeavor October 9, 2024 By Igor Colonno Selestino Rising valuations and ease of transport and concealment have long made jewelry claims a target for fraudulent activity, but one... Read More
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