Adds background on case in paragraphs 3-13 By Nate Raymond March 10 (Reuters) – The U.S. Supreme Court rejected on Monday a bid by 19 Republican-led states led by Alabama to block five Democratic-led states from pursuing lawsuits accusing major …
Supreme Court Nixes Challenge to State Climate Suits Against Oil Firms Read More »
French households, businesses and local authorities will face soaring costs for insurance if the country fails to adapt to a changing climate, the government said Monday. The cost of climate disasters may double in the 30 years through 2050, reaching …
France Warns of Soaring Insurance Costs From Climate Change Read More »
Bayer has told U.S. lawmakers it could stop selling Roundup weedkiller unless they can strengthen legal protection against product liability litigation, according to a financial analyst and a person close to the matter. Bayer has paid about $10 billion to …
Bayer Threatens to Stop Roundup Weedkiller Sales in US Over Litigation Costs Read More »
Arthur J. Gallagher & Co. announced it has acquired the remaining shares of Philippines-based Philpacific Insurance Brokers & Managers Inc., dba Philinsure, following a minority investment in the business. Terms of the transaction were not disclosed. Philinsure is a commercial …
Arthur J. Gallagher & Co. Acquires Philippines-Based Re/Insurance Broker Philinsure Read More »
The cockpit voice recorder was not working on a medical transport plane that killed seven people when it plummeted into a Philadelphia neighborhood in January and likely had not been functioning for several years, the National Transportation Safety Board said …
Medical Plane’s Voice Recorder Likely Not Working for Years Before Crash Read More »
Brazilian state-run insurance firm Caixa Seguridade said late on Sunday it had filed for a follow-on share offering that will comprise a secondary sale of stock owned by controller Caixa Economica Federal. The move was widely expected since the company …
Brazil Insurer Caixa Seguridade Files for Secondary Share Offering Read More »
Citigroup Inc. was fined 500,000 Swiss francs ($568,000) by Switzerland’s stock exchange regulator for failures after a London staffer’s fat-finger trade caused a flash crash in European stocks in 2022. The total value of the erroneous trades executed on the …
Citi Fined by Swiss Exchange Regulator Over 2022 Fat-Finger Flash Crash Read More »
Arthur J. Gallagher & Co. reported that it has received a second request for information from federal officials relating to its proposed $13.45 billion acquisition of AssuredPartners, Inc. Gallagher said it is actively responding to the request and expects that …
Regulators Ask Gallagher for More Information on $13.4B AssuredPartners Acquisition Read More »
Ex-Tropical Cyclone Alfred weakened to a tropical low and was still lingering off the coast of Brisbane on Saturday afternoon, sparing Australia’s third-biggest city from any major damage. The storm still threatens to bring high winds and flooding to an …
Cyclone Alfred Weakens to Tropical Low, Sparing Any Major Damage Read More »
The country’s preeminent federal fire training academy canceled classes, effective immediately, on Saturday amid the ongoing flurry of funding freezes and staffing cuts by President Donald Trump’s administration. The Federal Emergency Management Agency announced that National Fire Academy courses were …
FEMA Cancels Classes at National Fire Academy Amid Federal Funding Cuts Read More »
