National News

Global Insurers Fight London Court Battle Over Jets ‘Lost’ in Russia

Insurers are playing “pass the liability parcel” in a desperate fight against multi-billion dollar claims over aircraft stranded in Russia since the invasion of Ukraine two years ago, lawyers for aviation lessors told a London trial on Wednesday. Mark Howard, …

Crawford Launches Logistics and Freight Division in Singapore

Crawford & Company is launching a Logistics, Transportation, and Freight services division that the company says is aimed at enhancing supply chain efficiency for businesses across the region. It will combine state-of-the-art technology and industry knowledge with this new service …

FanDuel Sued by Convicted NFL Executive Over Gambling Habit

FanDuel Inc. was sued by a former Jacksonville Jaguars executive who admitted to stealing more than $22 million from the team, but says the website knew he was an addicted gambler and offered him more than $1 million in credits …

NTSB Chair Blasts FAA Over Response to Boeing 737 Rudder Issue

The head of the U.S. National Transportation Safety Board criticized U.S. aviation regulators for “downplaying the urgency” of addressing a possible rudder malfunction on some Boeing Co. 737 aircraft in an unusually public rebuke. Faulty parts that could cause the …

Jeep Owners Should Park Outside Pending Recall Fix, NHTSA Says

The U.S. National Highway Traffic Safety Administration said owners of 154,000 Jeep plug-in hybrid electric SUVs should park outside and away from buildings or other vehicles until they get recall repairs completed. Jeep-parent Stellantis on Monday said it was recalling …

State Farm, Citizens Brace for Losses From Hurricane Helene

State Farm General Insurance Co. and Citizens Property Insurance Corp. are bracing for the insurance industry’s largest losses from damage caused by Hurricane Helene, which is quickly becoming one of the costliest storms in U.S. history. State Farm was the …

Jury Awards $300M to Women Who Alleged Sex Abuse by Children’s Hospital Doctor

A jury has ruled in favor of three women who alleged they were sexually abused while patients at a Virginia children’s hospital, awarding them a total of $300 million in damages. The jury in Richmond Circuit Court last week awarded …

Hurricane Devastates Southern Cotton Crops Just Before Harvest

Cotton growers are facing devastating losses and delays from Hurricane Helene just as harvest was beginning, marking the latest blow to profits in an already weak market. The storm ripped through the cotton-growing regions of Georgia and the Carolinas after …

Stellantis’ $854 Million UK Lawsuit Over Airbag, Seatbelt Cartels Begins

Stellantis’ 771 million euro ($854 million) London lawsuit against two safety equipment makers began on Tuesday, with the European carmaker arguing long-running cartels led to it being overcharged for roughly a decade. The automaker, which was formed by the 2021 …

US Reaches $31.5 Million Settlement With T-Mobile Over Data Breaches

T-Mobile has reached a $31.5 million settlement to resolve a probe by the Federal Communications Commission into significant data breaches over three years that impacted tens of millions of U.S. consumers, the agency said on Monday. T-Mobile will pay a …

National News Archives by Month