Author: completebodyneeds

For the first half of 2026, when it comes to securities class actions, the plaintiffs bar is winning, according to Gallagher. In a new report on the lawsuits targeting directors and officers, Gallagher said total settlement dollars increased sharply. After six months, settlements totaled $2.1 billion, a 48% increase over the same period last year. There were 48 settlements compared with 41 in H1 2025. Of the settlements in H1 2026, 21% were greater than $50 million, Gallagher reported. Two of the top settlements were Goldman Sachs for $500 million over allegations of oversight and misappropriations, and Estee Lauder’s $210…

Three Texas homeowners filed a federal racketeering lawsuit last week alleging that the Texas Windstorm Insurance Association fraudulently reduced claim estimates for properties damaged by Hurricane Beryl. The lawsuit, filed in the U.S. District Court, Southern District of Texas, alleges TWIA partnered with a vendor who made significant alterations to the original claims estimate made by a field adjuster. TWIA then sent the estimate to the policyholder under the premise that the estimate was the original, the lawsuit says. Plaintiffs allege that they lost tens of thousands of dollars due to the scheme. For one policyholder, the original field adjuster…

Iran has decided to shift its policy from defensive to “fully offensive” due to the deadlock in efforts to agree a permanent end to its war with the United States, a senior Iranian official told Reuters on Monday. Progress towards peace talks and a resumption of oil tanker traffic through the strategic Strait of Hormuz has ground to a halt, with no sign that the warring parties are moving towards ending the conflict that the U.S. and Israel launched on February 28. “Iranian entities must be prepared to escalate tensions in the Strait of Hormuz and wider region, as Iran…

Officials in Akron, Ohio, have fired a police officer who shot and killed 15-year-old boy while also announcing Friday that the city has agreed to pay $4.75 million to the teen’s family. The settlement, which still needs a judge’s approval, came after the family filed a lawsuit against the city. Police have said that Jazmir Tucker was carrying a loaded weapon when he was shot in November 2024. They said two officers heard gunshots, later spotted Tucker and ran after him before one fired multiple times. Akron Mayor Shammas Malik said Officer Davon Fields was fired for multiple policy violations,…

The threat of flooding shifted east into West Virginia and Kentucky on Monday as Indiana began recovering from storms that killed at least six people and produced some of the state’s worst deluges in decades. Flood warnings and watches covered eastern Kentucky and much of West Virginia. “Flash flooding caused by excessive rainfall continues to be possible,” the National Weather Service said, including around Beckley and Charleston, the West Virginia capital. There’s a 40% chance of excessive rainfall across much of West Virginia on Monday, according to the US Weather Prediction Center. The threat is particularly strong in mountainous areas,…

Amazon on Friday reinstated binding arbitration for its U.S. customers while also barring them from seeking class-action lawsuits, making it more difficult for users to address grievances in court. In emails on Friday, Amazon said the changes are effective immediately and customers agree to the terms by continuing to use the company’s services. Often, companies alert customers to upcoming changes to their terms of service weeks in advance. Previously, Amazon said customers should pursue legal claims in court in Washington state, where Amazon is based. Five years ago, Amazon revoked binding arbitration after facing tens of thousands of costly individual…

The train was sitting just outside a depot in Memphis when the bandits made their move. Emerging from a black Kia Soul under the cover of darkness, the three men clambered on top of CSX Corp. railcars. They broke the container locks and grabbed more than $20,000 of items, including women’s clothing destined for a Belk department store, Lazer Blocks toys and two cases of Fre non-alcoholic chardonnay. The thieves filled their vehicle and hid the rest in a nearby wooded area, planning to come back for it later. The November theft was the type railyards had experienced dozens of…

Brown & Riding announced Omar Hasan has joined its National Property Practice. Hasan brings nearly two decades of industry experience and specializes in complex commercial property placements and solutions for middle-market and large commercial accounts. Hasan is known for his market knowledge, responsiveness, and ability to develop practical, innovative insurance solutions for challenging property risks across a wide range of industries. His experience includes builder’s risk, catastrophe-exposed property, commercial real estate, complex layered programs, gaming, habitational, hospitality, industrial, and retail. Topics Property Was this article valuable? Yes No Here are more articles you may enjoy. Interested in Property? Get automatic…

Bill DeLind thought the Picasso print that was stolen from his Milwaukee gallery in 2018 was gone forever. But then police called last week and asked him to look an artwork that a local landlord found while cleaning out a vacant apartment. DeLind immediately recognized the stolen “Torero” print, one of 30 known to exist signed by Picasso. “I was overwhelmed,” DeLind said Friday. “I was at a loss for words. It was an overwhelming moment for me.” The sticker from his DeLind Fine Art Appraisals was still on the back of the framed print, just as it had been…

The artificial-intelligence industry’s political machines battling each other over how to regulate the technology are trying a new tactic in Florida after fighting in primary elections across the US: joining together to make multimillion-dollar bets on the same candidate. Two groups funded by feuding AI billionaires and their allies have each already spent more than $2 million on ads boosting US Representative Byron Donalds’ campaign for Florida governor, according to ad analytics firm AdImpact. The Republican is the leading candidate in both the party primary on Tuesday and the general election in November. That means Donalds is well-positioned to become…