Insurance
Louisiana Department of Insurance Chief of Staff Denise Gardner Wins National Award
Louisiana Department of Insurance (LDI) Chief of Staff Denise Gardner was recently presented with the Robert Dineen Award for her outstanding service and contributions to the state system of insurance regulation at the National Association of Insurance Commissioners (NAIC) Fall …
Read More People Moves: Leif Assurance Hires Smith as Construction Insurance Specialist
Leif Assurance, headquartered in St. Louis, Mo., recently hired Gabe Smith as a construction insurance specialist. Smith has 10 years of sales and insurance experience. Before joining Leif Assurance, he owned and served as an insurance agent at The Woodlands …
Read More Missouri Urgent Care Chain Settles for $9.1 Million Over False Claims for COVID-19 Testing
ST. LOUIS (AP) – One of the largest urgent care chains in Missouri will pay $9.1 million to settle allegations that the company submitted false claims for medical services, including COVID-19 testing. The U.S. Attorney`s office in St. Louis on …
Read More Beyoncé`s Childhood Home in Texas Catches Fire on Christmas Morning
HOUSTON, Texas (AP) – Beyoncé’s childhood home caught fire early on Christmas morning, though the family living there escaped safely. The fire was reported at about 2 a.m. Monday and the Houston Fire Department arrived on the scene of the …
Read More Mentally Disabled Indiana Man Wrongfully Convicted in Slaying Agrees to $11.7 Million Settlement
ELKHART, Ind. (AP) – A mentally disabled man who was wrongfully convicted in the slaying of a 94-year-old woman has reached an $11.7 million settlement with a northern Indiana city and former police officers, his attorneys said Friday. The settlement …
Read More Microsoft, OpenAI Sued by New York Times for Copyright Infringement
The New York Times Co. sued Microsoft Corp. and OpenAI Inc. for the use of content to help develop artificial intelligence services, in a sign of the increasingly fraught relationship between the media and a technology that could upend the …
Read More Avalanche Closed Alaska Highway, Cutting off Access
A large avalanche and blizzard conditions in southern Alaska cut off road access to much of the Kenai Peninsula south of Anchorage. The avalanche hit the Seward Highway near the intersection of the Sterling Highway around 8 a.m. Sunday. The …
Read More California Lawsuit Says Grocer Broke Law by Asking Job-Seekers About Criminal Histories
California sued the Ralphs supermarket chain, alleging that it violated state law by asking job-seekers whether they had criminal records and illegally rejecting hundreds of applicants. The California Civil Rights Department contends that Ralphs Grocery Co. “has ignored and continues …
Read More Canada’s Fairfax Completes $860M Acquisition of Gulf Insurance Group from KIPCO
Fairfax Financial Holdings Ltd. announced it has completed the US$860 million acquisition of Gulf Insurance Group (GIG) from Kuwait Projects Co. (KIPCO) and certain of its affiliates. First announced in April 2023, the deal represents approximately 46.32% of the equity …
Read More SPAC Mania’s Ugly End Yields $46 Billion of Investor Losses in 2023
Wall Street’s affair with blank-check firms, the finance fad that pushed companies onto the stock market during the COVID-19 pandemic, ended this year with a string of big bankruptcies and even bigger losses for shareholders. At least 21 firms that …
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