Bankrupt

Louisiana's ninth insurer goes bankrupt;  here's what that means for 1,500 open claims

Louisiana’s ninth insurer goes bankrupt; here’s what that means for 1,500 open claims

Fednat Insurance Co., a Florida-based insurer with a modest presence in Louisiana, was pushed into insolvency by regulators after struggling to pay existing claims. It’s the ninth company with policies in Louisiana to fail since a wave of storms hit the state beginning in the summer of 2020. Fednat had filed a Notice of Withdrawal …

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NFT Viking Game Goes Bankrupt Amid Crypto Crash & Mismanagement Allegations

NFT Viking Game Goes Bankrupt Amid Crypto Crash & Mismanagement Allegations

Image: Interactive Pixie First announced in September 2021, at the height of the global NFT collective madness, Northern Guilds was meant to be “a fun, device-independent blockchain MMORPG inspired by your favorite childhood games.” It may shock you, reader, to learn that Northern Guilds ended up being none of that. As first reported by Martijn …

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