The carrier now expects to earn between $2.60 and $2.85 per share on an adjusted basis for the year. This latest projection represents a significant reduction from the company’s previous guidance issued in July, when Southwest anticipated adjusted earnings ranging from $3.25 to as high as $4.25 per share. The adjustment reflects the mounting financial […]
Insurance companies do not get a "mulligan" when they miscalculate a claim and later attempt to reverse course to avoid major payouts, a federal appeals court has ruled in a high-stakes legal battle involving heavy rain damage to a massive solar energy installation in Georgia. In a strongly worded decision handed down by the U.S. […]