Posts by Y@DminG
Nearly 24 Firms Seek Deal With CFTC to Settle Enforcement Cases
Almost two dozen firms have tried to strike deals with the US derivatives regulator to resolve low-stakes enforcement cases, according to an agency statement, after acting Chairman Caroline Pham made an unusual settlement offer last month. The U.S. Commodity Futures … Source: Claims Journal
Read MoreAllianz Report Shows Rising Civil Unrest, Political Violence Remain Top 10 Risk for Global Businesses
Soaring levels of civil unrest and political violence are a key concern for businesses of all sizes as well as for their insurers, according to report published by Allianz Commercial. The impact of civil unrest or strikes, riots and civil … Source: Claims Journal
Read MoreSarah Palin, New York Times to Face Off in Defamation Retrial
Sarah Palin and the New York Times are headed back to a courtroom where the former Alaska governor and Republican vice presidential candidate will try convincing a second jury the newspaper defamed her in an editorial about gun control. A … Source: Claims Journal
Read MoreCalifornia’s Effort to Hold Oil Companies Liable for Natural Disasters Stalls
California lawmakers have blocked a bill to make oil and gas companies liable for damage to homes from natural disasters caused by climate change, warning it could raise gas prices. The bill would have allowed victims of natural disasters, including … Source: Claims Journal
Read MoreNYC Tourist Helicopter Crashes in Hudson River, Killing Six
A helicopter crashed into the Hudson River on Thursday, the latest in a string of incidents in the past few months that has rattled confidence in aviation safety. Source: Claims Journal
Read MorePlane Carrying New York Lawmakers Clipped at Reagan Airport
A passenger jet carrying at least five members of Congress was clipped by another commercial plane on the ground at Ronald Reagan Washington National Airport. Source: Claims Journal
Read MoreJack Dorsey’s Block to Pay New York $40 Million in Cash App Settlement
Block Inc., the digital payments firm founded by billionaire Jack Dorsey, was fined $40 million by New York for alleged anti-money-laundering inadequacies and cryptocurrency compliance failures on its Cash App platform. The New York Department of Financial Services issued the … Source: Claims Journal
Read MoreRoof Repair and Replacement Costs up Nearly 30% Since 2022, Report Shows
Roof repair and replacement cost value totaled nearly $31 billion last year — up nearly 30% since 2022, according to a new report from Verisk. Source: Claims Journal
Read MoreGoldman Cuts US Auto Sales Estimate by Nearly 1 Million Units Due to Tariffs
Goldman Sachs on Thursday cut its estimate for automobile sales in the U.S. for this year by nearly 1 million units, as President Donald Trump’s tariffs make it more expensive to buy a vehicle. While Trump on Wednesday halted reciprocal … Source: Claims Journal
Read MoreWaymo to Begin Data Collection in Tokyo With Driver-Operated Test Rides
Alphabet’s self-driving unit Waymo said on Thursday it will start collecting data in Tokyo with test rides operated by human drivers next week, marking the first time the company will be using its cars on public roads outside the United … Source: Claims Journal
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