Latest news with #Superior
CBS News
6 days ago
- Sport
- CBS News
5 former players of Canada's junior hockey team acquitted by judge in sexual assault case
An Ontario judge acquitted five former members of Canada's world junior hockey team on Thursday in their sexual assault case, saying the complainant's allegations lacked the credibility needed to justify the charges. Superior Court Justice Maria Carroccia said prosecutors could not meet the onus of proof for the charges against Michael McLeod, Carter Hart, Alex Formenton, Dillon Dube and Callan Foote. The players' identities were made public when they were charged in early 2024. At the time, four of them played in the NHL — Dube for the Calgary Flames, Hart for the Philadelphia Flyers, and McLeod and Foote for the New Jersey Devils. Formenton had previously played for the Ottawa Senators before joining a Swiss team. All went on indefinite leave and none is on an NHL roster or has an active contract with a team in the league. All five players had pleaded not guilty to sexual assault in an encounter that took place in a London, Ontario, hotel room in the early hours of June 19, 2018. Years of speculation regarding the allegations — fueled by a lawsuit settlement, parliamentary hearings and revived investigations by the police and Hockey Canada, along with an NHL investigation — all preceded a complex trial earlier this year that included a mistrial and the dismissal of the jury, leaving the verdict to Carroccia. Carroccia explained her reasoning for the acquittals in detail over the course of five hours, highlighting the complainant's "tendency to blame others" for inconsistencies in her allegations. She also said the woman went to "great lengths" to point out that she was really drunk through the course of the night, but that is not supported by surveillance video from a bar and hotel that night and the testimony of others. McLeod was also acquitted — and pleaded not guilty — to a separate count of being a party to the offense, an unusual application of a charge that is more typically seen in murder cases. The players, who are now between the ages of 25 and 27, were in London at the time for a gala and golf tournament marking their championship victory. The woman testified in May that she was naked, drunk and scared when four of the men showed up unexpectedly in her room at the Delta Hotel London Armouries and felt the only "safe" option was to do what they wanted. Prosecutors argued the players did what they wanted without taking steps to ensure she was voluntarily consenting to sexual acts. "I made the choice to dance with them and drink at the bar, I did not make the choice to have them do what they did back at the hotel," she testified. Defense attorneys cross-examined her for days and suggested she actively participated in or initiated sexual activity because she wanted a "wild night." Two short videos of the complainant taken by McLeod the night of the encounter were played in court. In one, the woman says it was "all consensual," though she told the court that wasn't how she truly felt. Protesters gathered outside a packed London courthouse on Thursday morning, holding signs that signaled support for the complainant. The Associated Press and other news organizations do not identify sexual assault accusers unless they have granted permission to do so, which she has not. The public didn't learn of the allegations for years. Police closed their initial investigation without charges in early 2019, but the complainant sued Hockey Canada in 2022. The organization settled the lawsuit amid intense scrutiny that cost it sponsors, but police reopened their investigation. The NHL launched its own investigation in 2022. Officials pledged to release the findings, though Commissioner Gary Bettman said in February that would depend on what the league can say given the legal proceedings.
Yahoo
17-07-2025
- Business
- Yahoo
AM Best Affirms Credit Ratings of Munich Reinsurance Company and Its Subsidiaries
AMSTERDAM, July 17, 2025--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "aa" (Superior) of Munich Reinsurance Company (Munich Re) (Germany) and its subsidiaries. AM Best also has affirmed the Long-Term ICR of "a" (Excellent) of Munich Re America Corporation (Munich Re America) (Princeton, NJ) and its associated Long-Term Issue Credit Ratings (Long-Term IR). The outlook of these Credit Ratings (ratings) is stable. See below for a detailed listing of all companies and ratings. The ratings reflect Munich Re's balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, very favourable business profile and very strong enterprise risk management. Munich Re's balance sheet strength is underpinned by its risk-adjusted capitalisation that exceeds the level required to support the strongest assessment, as measured by Best's Capital Adequacy Ratio (BCAR). AM Best expects Munich Re's risk-adjusted capitalisation to remain at the strongest level, despite the group's exposure to potentially large losses and its record of substantial dividend payments and share buybacks. In addition, the group benefits from excellent financial flexibility and a relatively low financial leverage with a robust coverage ratio. The group's operating performance is strong, demonstrated by a net profit of EUR 5.7 billion in 2024 (2023: EUR 4.6 billion) with a return-on-equity ratio standing at 18.1% (as calculated by AM Best). The group's property/casualty (P/C) reinsurance division, which includes global specialty insurance business in 2024, reported a net profit of EUR 3.2 billion with natural catastrophe and man-made losses largely in line with budget at EUR 3.9 billion. Munich Re's life & health reinsurance division and ERGO reported net profits of EUR 1.7 billion and EUR 0.8 billion, respectively, demonstrating the benefits of the group's good earnings diversification. Furthermore, increased investment results contributed significantly to Munich Re's annual results. Munich Re is a leading global reinsurer and its business profile benefits from excellent diversification, with the performance of its various life, health and P/C operations largely uncorrelated. Given its global market presence and excellent brand, the group is well-positioned to benefit from improved reinsurance market conditions. The FSR of A+ (Superior) and the Long-Term ICRs of "aa" (Superior) have been affirmed with stable outlooks for Munich Re and its following subsidiaries: Great Lakes Insurance SE Great Lakes Insurance UK Limited New Reinsurance Company Ltd. Munich Reinsurance America, Inc. The Princeton Excess and Surplus Lines Insurance Company American Alternative Insurance Corporation Bridgeway Insurance Company Munich American Reassurance Company Munich Reinsurance Company of Canada Temple Insurance Company American Family Home Insurance Company American Modern Home Insurance Company American Modern Lloyds Insurance Company American Modern Select Insurance Company American Southern Home Insurance Company American Western Home Insurance Company American Modern Property and Casualty Insurance Company Munich Re of Bermuda, Ltd. Digital Advantage Insurance Company ERGO Insurance Pte. Ltd. The following Long-Term IRs have been affirmed with stable outlooks: Munich Re America Corporation—— "a" (Excellent) on USD 500 million 7.45% senior unsecured notes, due 2026 American Alternative Insurance Corporation—— "a+" (Excellent) on USD 92.5 million 5.0% surplus notes The Princeton Excess and Surplus Lines Insurance Company—— "a+" (Excellent) on USD 20.1 million 5.0% surplus notes This press release relates to Credit Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best's Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best's Credit Ratings, Best's Performance Assessments, Best's Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best's Ratings & Assessments. AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED. View source version on Contacts Jose Berenguer, CFA Associate Director, Analytics +31 20 808 2276 Dr. Mathilde Jakobsen Senior Director, Analytics +31 20 808 3118 Dan Hofmeister, CFA, FRM, CAIA, CPCU Associate Director +31 20 808 3118 Christopher Sharkey Associate Director, Public Relations +1 908 882 2310 Al Slavin Senior Public Relations Specialist +1 908 882 2318
Toronto Sun
11-07-2025
- Business
- Toronto Sun
Court of Appeal allows woman's $8M lawsuit against billionaire Robert Miller to proceed
A Superior Court Judge dismissed the lawsuit in March 2024, ruling it should not go ahead since the woman had accepted a $50,000 payment from Miller's lawyer. Published Jul 11, 2025 • Last updated 3 hours ago • 2 minute read The Quebec Court of Appeal has ruled that a woman's lawsuit against Robert Miller should not have been dismissed, allowing her to proceed with her claim against the Montreal billionaire. The woman, who alleges Miller sexually exploited her when she was 17 years old, had attempted to sue him for $8 million in 2023. A Superior Court Judge dismissed the lawsuit in March 2024, ruling it should not go ahead since the woman had accepted a $50,000 payment from Miller's lawyer. The province's highest court overturned that decision on Thursday, ruling there was no evidence the woman accepted the money as part of an agreement to drop her lawsuit. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account The decision details that during a meeting with Miller's lawyer in 2023, the woman was asked to sign documents indicating she agreed to renounce her right to sue Miller in the future. She left the meeting with $50,000 in cash but without signing the paperwork, stating she wanted to consult with her lawyer first. 'Ultimately, the fact that the appellant chose to keep this sum rather than return it does not prove the existence of a transaction,' the decision states. 'Nor does it mean that she waived her civil action against the respondents.' The court ruled the amount could eventually be deducted from what Miller is ordered to pay the woman should the lawsuit succeed. The lawsuit had sought $5 million in punitive damages from Miller himself, as well as $1 million each from the company he founded, Future Electronics, and two of its executives. This advertisement has not loaded yet, but your article continues below. Miller, 81, has faced multiple allegations and lawsuits in recent years, including a class-action suit filed by women alleging he paid to have sex with them when they were minors. That class action was authorized in January. The plaintiffs so far estimate there could be up to 100 girls who were recruited to have sex with Miller between 1994 and 2006. Miller has denied the allegations and is appealing the decision authorizing the suit. Last month, a Quebec Superior Court judge stayed criminal charges Miller also faced because of his poor health. The court had heard he is in the late stages of Parkinson's disease. Editorial Cartoons Relationships World MLB Canada
Yahoo
10-07-2025
- Business
- Yahoo
Superior Plus Announces Timing of 2025 Second Quarter Results Conference Call and Webcast
TORONTO, July 10, 2025--(BUSINESS WIRE)--Superior Plus Corp. ("Superior" or "the company") (TSX: SPB) expects to release its 2025 second quarter results on Tuesday, August 12, 2025 after market. A conference call and webcast to discuss the 2025 second quarter financial results will be held at 8:30 AM EDT on Wednesday, August 13, 2025. To register as a participant, please use the following link: Register Here. The webcast will be available live and for replay on Superior's website at: under the Events section. About Superior Plus Superior is a leading North American distributor of propane, compressed natural gas, renewable energy and related products and services, servicing approximately 750,000 customer locations in the U.S. and Canada. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, Superior safely delivers low carbon1 fuels to residential, commercial, utility, agricultural and industrial customers not connected to a pipeline. By displacing more carbon intensive fuels, Superior is a leader in the energy transition and helping customers lower operating costs and improve environmental performance. 1Superior defines 'low carbon' and 'lower carbon' fuels as those with a lower carbon intensity than fossil fuels that may be utilized in the same application (e.g. diesel, gasoline). View source version on Contacts FOR MORE INFORMATIONSuperior Plus Corp. Website: E-mail: investor-relations@ Toll-Free: 1-866-490-PLUS (7587)Chris Lichtenheldt, Vice President, Investor RelationsTel: (905) 285-4988Carolyn Skinner, Senior Manager, Corporate CommunicationsTel: (416) 428-9186 Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Wire
10-07-2025
- Business
- Business Wire
Superior Plus Announces Timing of 2025 Second Quarter Results Conference Call and Webcast
TORONTO--(BUSINESS WIRE)--Superior Plus Corp. (' Superior ' or ' the company') (TSX: SPB) expects to release its 2025 second quarter results on Tuesday, August 12, 2025 after market. A conference call and webcast to discuss the 2025 second quarter financial results will be held at 8:30 AM EDT on Wednesday, August 13, 2025. To register as a participant, please use the following link: Register Here. The webcast will be available live and for replay on Superior's website at: under the Events section. About Superior Plus Superior is a leading North American distributor of propane, compressed natural gas, renewable energy and related products and services, servicing approximately 750,000 customer locations in the U.S. and Canada. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, Superior safely delivers low carbon 1 fuels to residential, commercial, utility, agricultural and industrial customers not connected to a pipeline. By displacing more carbon intensive fuels, Superior is a leader in the energy transition and helping customers lower operating costs and improve environmental performance. 1 Superior defines 'low carbon' and 'lower carbon' fuels as those with a lower carbon intensity than fossil fuels that may be utilized in the same application (e.g. diesel, gasoline).
