Columbia University and New York-Presbyterian hospitals will pay $750 million to patients who sued over being sexually abused by a former gynecologist who was convicted of sex crimes in 2023. The settlement was achieved on behalf of 576 former patients …
Court Approves $750 Million Settlement for Survivors of Abuse by NY Gynecologist Read More »
Rite Aid is again seeking bankruptcy protection as the struggling drugstore chain says it will try to sell substantially all of its assets. The company said Monday that its stores will remain open as it returns to Chapter 11 bankruptcy …
Rite Aid Returns to Bankruptcy Protection, Seeks to Sell Most Assets Read More »
Several Asian airlines including Taiwan’s China Airlines and Korean Air said on Wednesday they were re-routing or canceling flights to and from Europe, and about a dozen Indian airports were shut after fighting erupted between India and Pakistan. India attacked …
Airlines Re-Route, Cancel Flights Due to India-Pakistan Fighting Read More »
Federal authorities are seeking to contain and clean up the damage from a decades-old oil well in southeast Louisiana that spewed crude and natural gas for more than a week. Upwards of 79,000 gallons (299,047 liters) of “oily water mixture” …
Authorities are Cleaning Up an Oil Spill in Southeast Louisiana Read More »
Chaucer Group, the specialty re/insurance group, announced the launch of a standalone third-party liability (TPL) insurance product in collaboration with Armilla AI, the Toronto-based managing general agent that provides specialized insurance and risk management solutions for artificial intelligence. The TPL …
Markets/Coverages: Chaucer Launches Standalone TPL Cover for AI Underperformance Read More »
Alphabet Inc.’s Google should be forced to sell off two of its businesses that help websites buy, sell and serve online advertising after a judge found the company illegally monopolized those markets, the Justice Department said. The company should be …
US Seeks Forced Sale of Google Ad Technology Products Read More »
Delta Air Lines must face a proposed class action by passengers who said it refused to offer full refunds after delaying or canceling their flights following a massive computer outage last July, a federal judge ruled on Tuesday. U.S. District …
Delta Must Face Passenger Lawsuit Over Massive CrowdStrike Computer Outage Read More »
Berkshire Hathaway shareholders on May 3 rejected a resolution requiring the company to report on risks from its subsidiaries’ race-based initiatives, one of seven proposals tied to diversity, artificial intelligence and other issues that were voted down. Shareholders also voted …
Berkshire Shareholders Reject Diversity, AI Proposals Read More »
Gallagher announced it has acquired Turkey-based Aspera Sigorta ve Reasürans Brokerliği A.Ş. (Aspera). Terms of the transaction were not disclosed. Established in 2022, Aspera is a boutique insurance and reinsurance broker specializing in industrial property, power & energy, plus construction. …
Business Moves: Gallagher Acquires Turkish Re/Insurance Broker Aspera Read More »
Thousands of rail passengers in Spain were hit with delays after copper cables used in the signaling system of a high-speed line traveling south from Madrid to Seville were stolen at five locations, authorities said Monday. The theft, which happened …
Copper Cable Theft in Spain Delays Thousands of High-Speed Rail Passengers Read More »
