Monthly Archives: <span>March 2022</span>

Russia Dropped From Ship Certification Body as Sanctions Bite

LONDON –– The world’s top association of ship certifiers has withdrawn membership from the Russia Maritime Register of Shipping (RS) due to the impact of sanctions on Moscow after its invasion of Ukraine, in another blow to the country’s vital …

Exchange: Phoenix Sees Spike in Catalytic Converter Thefts

PHOENIX (AP) — It’s a specific crime trend sweeping the nation and starts right underneath your car, and the surge is evident in the Phoenix area over the last two years. Thieves are targeting catalytic converters, your exhaust emission control …

Late Winter Storm Blasts South, Northeast With Snow and Wind

A late winter storm blasted the northeastern United States on Saturday with high winds and snow that could pile up to a foot high, sending temperatures plummeting and making travel hazardous after first taking aim at the Deep South. The …

Hacked US Companies to Face New Reporting Requirements

WASHINGTON (AP) — Companies critical to U.S. national interests will now have to report when they’re hacked or they pay ransomware, according to new rules approved by Congress. The rules are part of a broader effort by the Biden administration …

Facing Purdue Owners Brings Pain, Closure for Opioid Victims

NEW YORK (AP) — Kara Trainor composed herself, looked into a camera and began to speak to the drugmakers she holds responsible for two decades of suffering that has extended from her to a son born dependent on opioids. Three …

8th Circuit: Malpractice Action May Proceed Before Underlying Lawsuit is Resolved

Legal malpractice claims usually aren’t filed until after somebody loses a lawsuit. But what happens when the underlying dispute hasn’t been resolved, but a litigant has to hire new counsel to clean up mistakes that were made during discovery? A …

Viewpoint: Is Appraisal an Arbitration? Yes and No. Maybe. Sort of.

Appraisal and arbitration are similar – and different. Are they so similar that appraisal can be called a form of arbitration, or are they so different that appraisal is a thing unto itself? And most important, the next time you …

Citizens Still Struggling With Lawsuits, but Legal Fees and Payouts Decline

A committee of the Citizens Property Insurance Corp. governing body produced some good news on litigated claims and some bad news Thursday, giving further insight into a big part of Florida’s insurance market. The bad news first: The number of …

Behind Allianz’s $4 Billion Fund Blowup, Red Flags and Fat Fees

It’s every investor’s dream: Make money when markets go up, and when markets go down, and even when markets go practically nowhere. But inside Allianz SE, where a handful of hedge fund managers claimed they could do just that, few …

BOC Aviation Says Sanctions Deadline to End Russian Leases is ‘Unrealistic’

Aircraft lessor BOC Aviation Ltd 2588.HK believes a deadline giving lessors just over two weeks left to end contracts with Russian carriers due to sanctions over its invasion of Ukraine is “unrealistic,” a senior executive said on Thursday. “The EU …