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Lawsuit Alleges Decades of Child Sexual Abuse at Illinois Juvenile Detention Centers CHICAGO (AP) — Child sexual abuse at Illinois juvenile detention centers was pervasive and systemic for decades, according to disturbing accounts in a lawsuit filed Monday by 95 men and women housed at the youth centers as children. The lawsuit …
POSTED MAY 08, 2024 3:43 PM |
Pfizer Agrees to Settle More Than 10,000 Zantac Cancer Lawsuits Pfizer Inc. has agreed to settle more than 10,000 cases accusing it of hiding the cancer risks of its Zantac heartburn drug, according to people familiar with the deal, the biggest of the litigation. The agreements cover cases in state …
POSTED MAY 08, 2024 3:11 PM |
McMaster Requests Federal Help After Wind, Hail Storm That Damaged SC Homes South Carolina Gov. Henry McMaster has requested a presidential disaster declaration to assist in recovery after wind and hail damaged homes the northern part of the state on April 20. “I have determined that the situation and survivor recovery needs …
POSTED MAY 08, 2024 2:32 PM |
In Tesla Autopilot Probe, US Prosecutors Focus on Securities, Wire Fraud U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’ self-driving capabilities, three people familiar with the matter told Reuters. Tesla’s Autopilot and Full Self-Driving systems assist with steering, braking …
POSTED MAY 08, 2024 1:53 PM |
International General Insurance Holdings Begins Trading at Lloyd’s on May 9 International General Insurance Holdings Ltd. announced it will begin trading for the first time at Lloyd’s on May 9, 2024, demonstrating the company’s long-term commitment to the London market. Located in the Lloyd’s underwriting room at One Lime Street, IGI …
POSTED MAY 08, 2024 12:44 PM |
Markets/Coverages: Marsh Launches Insurance for EU Crypto-Asset Service Providers Insurance broker Marsh announced the launch of MiCAssure, a proprietary insurance solution for crypto-asset service providers such as custodians, exchanges, and administrators operating within the European Union (EU), which are required to comply with the forthcoming Markets in Crypto-Assets Regulation …
POSTED MAY 08, 2024 10:27 AM |
Worsening Weather Igniting $25 Billion Weather Derivatives Market Marty Malinow’s mom never could get her head around what her son did for a living. To friends, she said he was “a stockbroker that does something with the weather.” Malinow couldn’t really object — he knew most people had …
POSTED MAY 08, 2024 9:47 AM |
Saudi Arabian Fintech Firm Rasan Plans to Sell 30% Stake in Riyadh IPO Saudi Arabian fintech firm Rasan intends to sell a 30% stake in its Riyadh initial public offering, making it one of the first companies from the sector to go public in the kingdom. Rasan and its investors will offer 22.7 …
POSTED MAY 08, 2024 8:16 AM |
Typhoon Season in Northwest Pacific Seen Less Active Than Normal Typhoon activity in the Northwest Pacific region is expected to be about 20% below normal this year, forecaster Tropical Storm Risk said in its first outlook of the season. The London-based group said it expects 15 typhoons, seven of which …
POSTED MAY 08, 2024 7:51 AM |
World Extends Run of Heat Records for 11th Month in a Row April was the Earth’s 11th consecutive month of record-breaking heat, with warmer weather already sweeping across Asia and a hotter-than-usual summer expected in Europe. The European Union’s Copernicus Climate Change Service said last month’s temperatures globally were 1.58C (2.8F) above …
POSTED MAY 08, 2024 7:38 AM |
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