Lots of trees and fences were down with some roof damage to homes, businesses and vehicles, as well as flooding and tornadoes in parts of western North Carolina. But overall, the insured losses from Hurricane Isaias, which made landfall in …
The dispute arose while hundreds of Apple employees defected to OpenAI and has put a cloud over the startup as it targets a $1.4 trillion valuation and prepares to go public.
A Florida man who held himself out as a cyberattack solutions expert paid off the attackers while keeping much larger sums for himself—creating a piggy-back type of cyber fraud scheme, a grand jury said in an indictment. Zohar Pinhasi, the …
The London Bullion Market Association’s certification program served as a “thick smokescreen” that enabled serious abuses at a Tanzanian gold mine where two men died, lawyers alleged at the start of a London trial that could threaten its existence. The …
A Louisiana property insurer receives a contractor’s estimate for far more than it paid after a hurricane. Sixty days pass. The insured files suit and seeks bad faith penalties. Did the estimate start the cure period under Louisiana’s Act 3? …
CVS Health has agreed to pay $315 million to resolve allegations that the pharmacy chain operator unlawfully filled medically unnecessary prescriptions for addictive opioid painkillers, the U.S. Justice Department said on Tuesday. The settlement resolves a case that the department …
The average cost of a business interruption claim is nearing $1 million, an upward trend that appears to have several causes. A new report shows BI losses are being pushed up by natural catastrophes, growing risk in supply chains, rising …
Cornell University President Michael Kotlikoff announced plans to strengthen campus safety, including suspending fraternity parties, after sexual assault allegations from a former student roiled the Ivy League school and attracted national attention. “It is clear that women on our campus …
