The chief financial officers of some of the world’s top commodity trading houses warned that the protracted closure of the Strait of Hormuz may lead to a wave of disputes stemming from lost supply. Several oil and gas producing giants …
Oil Trader CFOs Say Hormuz Closure Driving Wave of Disputes Read More »
Drought in the contiguous United States has reached record levels for this time of year, weather data shows. Meteorologists said it’s a bad sign for the upcoming wildfire season, food prices and western water issues. More than 61% of the …
Record Drought Sparks Worries About Fires, Water Supply and Food Prices Read More »
Casualty claims are becoming more expensive at a faster rate, but medical professional liability stands out as one casualty line where compounding factors are turning severity deterioration into a heightened risk. According to an S&P Global Market Intelligence report, written …
Claim Severity Trends for Medical Malpractice ‘Stand Out’: S&P GMI Read More »
It’s been called one of the most unusual medical malpractice cases and one that has raised questions for organ donors, organ recovery centers and their insurance carriers. Paula Denison, age 57, was taken to the emergency room at Anderson Regional …
MS High Court Weighs in on Woman Taken for Organ Donation But Was Still Alive Read More »
New York’s attorney general sued Coinbase Financial Markets COIN.O and Gemini Titan GEMI.O on Tuesday, claiming their prediction markets violate state laws against illegal gambling. In petitions filed in state court in Manhattan, Attorney General Letitia James said Coinbase and …
New York Claims Coinbase and Gemini Titan Prediction Markets Are Illegal Gambling Read More »
Tesla Inc. saw a steep drop in vehicle registrations in California as consumers in the Golden State increasingly embrace hybrid vehicles. Tesla’s first-quarter registrations declined 24% in the state compared with the prior-year period, according to a report released Tuesday …
Tesla’s California Sales Slide Deepens as Hybrids Displace EVs Read More »
SterlingRisk, headquartered in Woodbury, New York, promoted Marci Waterman, Esq., to deputy chief executive officer, and appointed John S. Beres as chief operating officer (COO). Waterman joined SterlingRisk in 2013 and served as COO for nearly a decade. In addition …
People Moves: SterlingRisk Promotes Waterman to Deputy CEO, Beres to COO Read More »
A federal judge on Tuesday blocked President Donald Trump’s administration from enforcing a series of permitting policies that wind and solar energy industry groups say have stymied the development of new energy generation projects. Chief U.S. District Judge Denise Casper …
Federal Judge Blocks Trump Actions Stymieing Wind, Solar Projects Read More »
New York state lawmakers have reintroduced legislation that would curb some investors’ ability to buy distressed sovereign debt and sue for full repayment, a move that would reshape the legal landscape for sovereign international bonds. The proposal would amend the …
New York Lawmakers Revive Bill to Curb Distressed Sovereign Debt Lawsuits Read More »
Thousands of survivors of the 2025 Eaton Fire in Altadena, California, have elected to accept an upfront settlement from the utility accused of causing it, forgoing future litigation for a faster payment that could help them rebuild or relocate. Related: …
LA Wildfire Survivors Could Face Another Blow From Taxes on Settlement Payouts Read More »
