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Chubb Insurance Malaysia Files for Malaysia IPO
Chubb Insurance Malaysia Bhd has filed for an initial public offering on Bursa Malaysia to sell 300 million existing shares, or 30% of its issued capital, via an offer for sale by its sole shareholder, Chubb INA International Holdings, according …
POSTED NOVEMBER 18, 2025 7:19 AM |
Purdue Pharma Gets Court Nod for Bankruptcy Exit, Sackler Deal
Purdue Pharma LP won court approval to exit bankruptcy, capping six years of legal wrangling over a multibillion-dollar settlement and liability releases for the opioid manufacturer’s Sackler family owners. Judge Sean H. Lane said he will sign off on Purdue’s …
POSTED NOVEMBER 18, 2025 6:47 AM |
Wall St Regulator to Consider Crypto Token Classification, Chair Says
The head of the U.S. Securities and Exchange Commission said the agency would soon consider establishing a classification for digital assets to help determine when they can be considered securities. “In the coming months, I anticipate that the Commission will …
POSTED NOVEMBER 18, 2025 6:19 AM |
Biggest NJ Health Insurer to Pay $100 Million in Whistleblower Suit
Horizon Blue Cross Blue Shield of New Jersey agreed to pay $100 million to resolve allegations that the health-insurance company had ripped off taxpayers by overpaying for care, in a pact made public on Friday. The settlement with New Jersey …
POSTED NOVEMBER 18, 2025 6:02 AM |
Kentucky Scrapyard Workers Describe UPS Plane Crash That Destroyed Their Business
Supervisor Adam Bowman was loading metal onto a truck at a scrapyard just south of the Louisville, Kentucky, airport when he heard what he first thought was a transformer explosion and quickly realized was more horrific. “I turned around and …
POSTED NOVEMBER 18, 2025 6:02 AM |
Florida Approves 6.9% Average Cut in Workers’ Comp Rates But Roofers Are Worried
Florida’s insurance commissioner has approved a 6.9% average decrease in workers’ compensation rates for the voluntary market for 2026, marking the ninth straight year of rate cuts in the state. The average rate reduction will be for new and renewal …
POSTED NOVEMBER 18, 2025 6:02 AM |
Walgreens to Pay $500,000 for Overcharging at Vermont Checkouts
Walgreens has agreed to pay $500,000 to settle claims of overcharging at its stores in Vermont — including in one instance where an item rang at the register $23 higher than its shelf price, the state Attorney General’s Office said …
POSTED NOVEMBER 18, 2025 6:01 AM |
NJ NAACP, Latino Groups Say Regulators Aid Discrimination in Auto Insurance Rates
The New Jersey NAACP and two Latino groups last week filed suit against the state Department of Banking and Insurance, charging that the agency encourages discrimination in auto insurance rates by allowing insurers to use drivers’ education and employment levels …
POSTED NOVEMBER 18, 2025 6:01 AM |
Brockovich Group Sues Over LA Fire Alert Failure in 18 Deaths
A communications contractor for Los Angeles County was blamed in a lawsuit for 18 deaths in a January wildfire over its alleged failure to evacuate residents in the path of the inferno. Genasys Inc. was accused of “digital redlining” for …
POSTED NOVEMBER 18, 2025 6:00 AM |
Trump’s FEMA Chief Resigns After 6 Months, Washington Post Says
The Trump administration’s top official at the Federal Emergency Management Agency is departing his post after about six months on the job, according to the Washington Post. David Richardson resigned on Monday as FEMA’s acting head, the newspaper reported, citing …
POSTED NOVEMBER 17, 2025 8:00 PM |
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