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Thursday, March 28, 2024
Insurer Sues Engineering Firm Over $5M Quarry Flood

Insurer Sues Engineering Firm Over $5M Quarry Flood

In a dramatic turn of events, XL Specialty Insurance Co. has brought forth a lawsuit against engineering firm WSP USA Environment & Infrastructure Inc....
Kirkland-Led Warburg Selling Procare

Kirkland-Led Warburg Selling Procare In $1.9B Deal

In a strategic move set to redefine the landscape of child care software, Roper Technologies Inc. has announced the acquisition of Procare Solutions for...
Haleon To Sell ChapStick Lip Balm For $510M

Haleon To Sell ChapStick Lip Balm For $510M

In a seismic business maneuver, Haleon PLC declared on Thursday its landmark decision to offload the iconic ChapStick lip balm brand to Suave, the...
Russia Hits Out At EU Over Latest Sanctions Move

Russia Hits Out At EU Over Latest Sanctions Move

In a fiery retort, Russia has condemned the European Union's latest move to prepare a 13th economic sanctions package against the Kremlin, asserting that...

AI Taking Jobs: MIT Researchers Claim it will be Incremental

The threat of AI taking jobs from humans has been a persistent concern, with numerous estimates and projections highlighting the potential impact on the...
Campground Operator Must Pay $1M Bond

Campground Operator Must Pay $1M Bond

In a legal saga gripping Montana, a federal district court has handed down a stern verdict, demanding that Eagle Bear Inc., a campground operator,...
Insurer Cant Duck $2M Nursing Home Judgment

Insurer Can’t Duck $2M Nursing Home Judgment

In a legal showdown reminiscent of a high-stakes chess match, Ironshore Specialty Insurance Company finds itself entangled in a web of legal complexities, unable...
Oil Pipes Evaded Duties On China

Oil Pipes Evaded Duties On China

In a riveting decision, the U.S. Court of International Trade upheld the U.S. Department of Commerce's determination that oil pipes were strategically processed in...

Colorado Pastor Accused of Pocketing $1.3M in Crypto Scheme, Claims Divine Guidance

Colorado pastor, Eli Regalado, and his wife are facing accusations of pocketing $1.3 million through a cryptocurrency fraud scheme. The couple marketed their cryptocurrency,...
Candy Maker Wants $5M Recall Coverage Suit Tossed

Mount Franklin Wants $5M Recall Coverage Suit Tossed

In a legal duel as tantalizing as a suspenseful candy thriller, Mount Franklin Foods LLC (MFF), a Texas-based candy company, has boldly called on...

Must Read

Insurer’s Embrace of Technology Under the Microscope: Addressing Prejudice and Bias...

(USA Herald) - The insurance industry is experiencing a digital revolution, with artificial intelligence (AI) playing an increasingly role in underwriting, claims adjusting, and...