Hagerty, the specialty and classic auto insurance managing general agency, sees itself as more than an insurance provider. The company says it is an “automotive lifestyle brand” that is getting ready for global growth. To this end, the firm is …
A bipartisan group of U.S. lawmakers plans to unveil a $908 billion coronavirus pandemic relief plan on Monday, although one of the negotiators said there’s “no guarantee” Congress will pass it. Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi …
The U.S. Supreme Court on Friday agreed to hear Goldman Sachs Group Inc.’s appeal in a securities fraud case that could redefine the ability of shareholders to pursue class actions against public companies whose stock prices fall. Goldman is appealing …
Urged on by hospitals, doctors and patients, U.S. health officials are proposing changes to medical privacy rules that could ease information sharing in crisis situations. Trump administration officials at the Department of Health and Human Services say their proposal, released …
U.S. commercial lines insurers will continue to be tarnished by an A.M. Best negative outlook, thanks to COVID-19 economic uncertainty, social inflation and other challenges. A.M. Best first revised its outlook for the segment to negative from stable in April, …
U.S. Supreme Court justices on Wednesday questioned a bid by shareholders of Fannie Mae and Freddie Mac to pursue legal claims arising from the government’s rescue of the mortgage finance firms following the 2008 housing crisis. The justices heard an …
A panel of outside advisers to the U.S. Food and Drug Administration is meeting on Thursday to weigh whether to recommend that the agency authorize Pfizer’s coronavirus vaccine for emergency use, one of the last steps before vaccinations could begin. …
Insurers pummeled by the pandemic are looking to deals as they race to see who’ll emerge strongest when the outbreak subsides. The takeover of RSA Insurance Group Plc and Allstate Corp.’s largest acquisition ever have helped push industry deals announced …
Uber Technologies Inc. on Thursday sent letters to the governors of all U.S. states, asking for its ride-hail and food delivery drivers to get early access to COVID-19 vaccines as essential workers. The company also said it will send a …
La Niña is likely to continue through the Northern Hemisphere winter, with a 95% chance it will continue from January through March, according to the National Weather Service. The meteorologists said a majority of models predict there is a 50% …