Unconditional payments—payments made without condition or reservation of rights, such as settlement offers—restart the clock on the standard two-year prescriptive period for Louisiana first-party insurance claims, the state high court ruled. The prescriptive period is interrupted by unconditional payments even …
Iran Says Hormuz Strait Now Completely Open for Commercial Ships
Iran announced that the Strait of Hormuz is now “completely open” for commercial traffic, a big step toward ending a war that’s sent energy prices
