Lost

Lloyd’s Underwriters Ordered to Pay Citgo Over $49 Million for Lost Oil Cargo Amid Political Turmoil in Venezuela

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NEW YORK – Lloyd’s underwriters and other insurers have been ordered to pay Citgo Petroleum Corp. more than $49 million to compensate for the loss of oil cargo during political unrest in Venezuela. The decision was made by a federal jury in New York. The dispute arose from the theft of oil cargo from a Citgo facility in Venezuela during a period of political turmoil in the country. Citgo argued that the insurers were liable under its policy for the lost cargo. The insurers, however, contended that the theft was not covered by the policy. … Read more

Tragic Pedestrian Fatality Strikes Los Angeles: Martin Romero’s Life Lost near La Cienega Boulevard and Obama Boulevard

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LOS ANGELES, CA – A tragic incident occurred early Monday morning when Martin Romero lost his life in a pedestrian accident near the intersection of La Cienega Boulevard and Obama Boulevard. The Los Angeles Police Department reported that the incident took place at midnight, however, details surrounding the circumstances leading to the accident remain unclear. Authorities are launching a thorough investigation to determine the cause of this fatal incident. Eyewitnesses will be interviewed, and surveillance footage from nearby establishments will be reviewed to shed light on what transpired that fateful night. Pedestrian accidents continue to … Read more