The Archdiocese of New Orleans agreed to pay nearly $180 million to victims of clergy sexual abuse under a settlement announced Wednesday, the latest in a string of settlements by the Catholic Church. The archdiocese, its parishes and several insurers …
New Orleans Archdiocese to Pay $179M to Victims of Clergy Sexual Abuse Read More »
A man who admitted in federal court to setting the fire that destroyed an eastern Missouri church has been sentenced to more than nine years in prison and ordered to pay the church nearly $7 million. The sentence for Christopher …
Man Who Burned Down a Missouri Church Sentenced, Ordered to Pay $7M Read More »
The U.S. Federal Emergency Management Agency announced the departure of 16 senior executives on Wednesday, a significant shakeup of its leadership ranks less than two weeks before the start of what is expected to be a busy hurricane season. Those …
FEMA Senior Officials Exit as Trump Targets Agency Read More »
Frankenmuth Insurance Appoints Ott Chief Legal Officer and Corporate Secretary Frankenmuth Insurance, headquartered in Frankenmuth, Michigan, appointed Kelly Ott as chief legal officer and corporate secretary. Ott is the company’s top legal advisor, overseeing corporate legal matters, governance, and regulatory …
Nuclear verdicts against corporate defendants reached a record high in 2024, led by cases involving products liability and intellectual property, according to a new report from research firm Marathon Strategies. The number of nuclear verdicts—those that surpass $10 million—rose to …
Corporate Nuclear Verdicts Surged to New Record High in 2024, Report Says Read More »
Builders Mutual Insurance and its subsidiary, Builders Premier, have agreed to pay a $39,000 penalty after a North Carolina market conduct examination again found issues with producer licensing, nonrenewals and subrogation recoveries. The Raleigh-based Builders already has issued small refunds …
NCDOI Fines Builders Mutual for Repeat Violations in Commercial Auto Read More »
CFC said it has extended the benefits of its new Cyber Proactive Response (CPR) coverage to existing policies tailored for the digital health, fintech, and technology sectors, effective immediately. “Each of these sectors is a prime target for cybercriminals due …
Markets/Coverages: CFC Adds Cyber Proactive Response to More Industry Products Read More »
A small plane crashed into a San Diego neighborhood during foggy weather early Thursday, setting about 15 homes on fire as well as vehicles, and forcing evacuations along several blocks, authorities said. “We have jet fuel all over the place,” …
Plane Crashes into San Diego Neighborhood, Setting Homes And Vehicles on Fire Read More »
A federal bankruptcy judge in Connecticut has approved a clergy sex abuse settlement between the Catholic Diocese of Norwich and creditors and survivors that includes a $31 million fund to compensate victims. The plan seeks to provide recovery to those …
Bankruptcy Judge Approves Norwich Diocese Plan With $31 Million for Abuse Survivors Read More »
Major airline CEOs on Wednesday called on Congress to approve billions of dollars in funding to modernize the United States’ aging air traffic control system, saying it is “failing Americans.” The Federal Aviation Administration’s air traffic control network’s woes have …
Air Traffic Control System Failing Americans, Airline CEOs Say Read More »
