Articles by Jef Feeley

Cantor Defeats Ex-Partners’ Suit Alleging It Withheld Bonuses

Cantor Fitzgerald LP persuaded a judge to throw out a lawsuit targeting non-compete restrictions in its partnership agreements that some ex-partners say were misused to improperly withhold at least $10 million in bonuses after they left the firm. U.S. District …

Thousands of Homes Face ‘Triple Threat’ Risks, CoreLogic Says

Thousands of homes are facing a “triple threat” of year-round extreme risk from natural disasters, according to a new report. Across the U.S., CoreLogic reports there are 33,000 “triple-threat” single-family homes exposed to a combination of the following perils: hurricane …

Aspiring Alabama Country Singer/Claims Adjuster Charged After Violating Bond at CMA

An Alabama public adjuster known as an aspiring country music singer has been re-arrested after reportedly violating the terms of his bond from an arrest earlier this year. Austin Tanner, of Orange Beach, also appears to be part owner of …

Canadian News Publishers Sue OpenAi Over Alleged Copyright Infringement

A coalition of Canadian news publishers, including The Canadian Press, Torstar, Globe and Mail, Postmedia and CBC/Radio-Canada, has filed a lawsuit against OpenAI for using news content to train its ChatGPT generative artificial intelligence system. The outlets said in a …

Apple Accused of Silencing Workers, Spying on Personal Devices

Apple has been accused in a new lawsuit of illegally monitoring its workers’ personal devices and iCloud accounts while also barring them from discussing their pay and working conditions. The complaint filed in California state court on Sunday by Amar …

Alleged Snowflake Hacker ‘Danger’ to the Public, Canada Says

The man accused of carrying out cyberattacks against dozens of Snowflake Inc. customers will face an extradition hearing later this year, after Canadian officials accused him of cybercrimes and being “a risk of danger to the public, police and himself.” …

JPMorgan Drops Suit Against Tesla Over Musk Tweet, Warrants

JPMorgan Chase & Co. agreed to drop a lawsuit it filed against Tesla Inc. three years ago seeking $162 million tied to stock warrant transactions. The move to end the litigation was announced Friday in a one-page court filing by …

AM Best Says Outlook for U.S. Commercial Insurance Segment ‘Stable’ as Profits Stay Strong

AM Best is maintaining its stable market segment outlook on the U.S. commercial lines insurance sector for 2025, due partly to its persistently strong underwriting performance and improved investment returns, which have bolstered operating profitability. Reserve adequacy in the commercial …

British Columbia Can Mount Opioid Class Action, Canada’s Top Court Says

The province of British Columbia can bring a class action lawsuit against pharmaceutical companies for opioid harms on behalf of multiple governments across Canada, the country’s Supreme Court ruled on Friday. In 2018, BC sued more than 40 drug manufacturers, …

Insurer Says Pollution Exclusion Sinks Coverage for Pool Chemical Injuries

A commercial general liability policy with a pollution exclusion does not protect a Virginia homeowners association from lawsuits filed by swimmers alleging they were injured by chemicals discharged into the community pool. That is the argument made by Philadelphia Indemnity …