John Paulson was awarded more than $47 million by an arbitrator who found that the billionaire’s former Puerto Rico business partner cheated him on one investment and usurped him on another. Fahad Ghaffar breached his fiduciary duty by advising Paulson …
The chief engineer of the cargo ship Dali that destroyed Baltimore’s Francis Scott Key Bridge in a March 2024 collision that killed six construction workers reached a deferred prosecution agreement, the government said on Thursday. The Justice Department said Karthikeyan …
Inszone Insurance Services acquired Webtec Insurance Services Inc. Webtec is a specialized insurance agency primarily focused on auto and homeowners insurance. Originally based in California, which remains the bulk of its business, the agency later relocated its home base to …
Meta Platforms has lobbied the U.S. Congress for legal immunity from child-harm claims tied to social media products such as Instagram, as it faces thousands of lawsuits from young users and their families, according to a source familiar with the …
ZestyAI Names Friend CFO and Ross SVP, Client Development ZestyAI appointed David Friend as chief financial officer and John Ross as senior vice president of client development. Both executives have decades of experience in insurance and enterprise technology. Friend has …
Recent flooding in South Africa’s Western Cape province, which includes the tourist hub of Cape Town, caused more than 9 billion rand ($548 million) of damage, a total that’s expected to rise once final assessments are completed. “Our infrastructure budget …
Luigi Mangione’s lawyers withdrew a plan for a psychiatric defense at his upcoming state murder trial in the shooting death of a UnitedHealth Group Inc. executive. In a letter to New York state Judge Gregory Carro on Thursday, the defense …
President Donald Trump this week credited his tough immigration policies for a drop in car insurance premiums, falsely blaming illegal immigration during his predecessor’s time in the White House for a prior increase. In a Monday post on Truth Social, …
Governor Ned Lamont has signed a memorandum of understanding with the state employee union requiring the state to extend uninsured and underinsured motorist coverage to Connecticut Department of Transportation (CTDOT) employees who maintain roads and highways. The agreement with the …
Meta Platforms has lobbied the U.S. Congress for legal immunity from child-harm claims tied to social media products such as Instagram, as it faces thousands of lawsuits from young users and their families, according to a source familiar with the …