The left engine came off a doomed United Parcel Service Inc. freighter moments before it crashed in a fireball near the company’s global hub in Kentucky, killing at least 12 people. Louisville Mayor Craig Greenberg said in a post on …
Boeing Co. will avoid a criminal charge over two fatal 737 Max crashes after a federal judge paved the way for a $1.1 billion settlement agreement, handing the embattled manufacturer a victory in a long-running legal battle. U.S. District Judge …
A few of the victims of the Los Angeles wildfires in January are asking California Gov. Gavin Newsom to call for the resignation of California Insurance Commissioner Ricardo Lara over reforms Lara pushed that were designed to help ease the …
Meta Platforms Inc., ByteDance Ltd., Alphabet Inc. and Snap Inc. must face trial over claims that they designed social media platforms to addict youths, a judge ruled, clearing the way for the first of thousands of cases to be presented …
Texas officials have asked a state court judge to temporarily block Kenvue Inc. from marketing Tylenol as safe for pregnant women, and from issuing a dividend, escalating the company’s legal woes just days after announcing a major merger with Kimberly-Clark …
AM Besthas revised the outlook to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICR of “a” (Excellent) of Michigan Millers Mutual Insurance Company (Michigan Millers) based in Lansing, Michigan. Concurrently, AM …
Catastrophe modeling company KCC estimates that privately insured losses from Hurricane Melissa will hit $2.4 billion. This estimate includes insured damages to residential, commercial, and industrial properties in Jamaica and Cuba, according to Boston-based Karen Clark & Co. in its …
The COVID-era boom in trucking is definitely over. The trucking sector is experiencing one of its most challenging times, with trucking operators’ profitability dropping across all sectors, total costs continuing to rise, and freight tonnage and rates remaining stagnant or …
A federal court of appeals has revived a case over an alleged failure of insurance broke Willis of New Jersey to notify the insurer for one of its New York clients of the presence of lead paint in his residential …
The American neighborhoods with the highest risk of floods are again losing residents. For the first time since 2019, high-risk counties lost domestic residents, with 30,000 more people relocating to other places in the country than moved in, according to …