Workers’ compensation specialist The MEMIC Group announced a $19 million dividend for more than 17,000 Maine policyholders. This annual dividend is based on the insurer’s financial performance, claims experience, and its insureds’ safer workplaces during the 2022 calendar year. The …
Texas Attorney General Ken Paxton announced he has opened an investigation against TP-Link Systems Inc. (“TP Link”), a manufacturer of networking equipment, for potentially aiding the Chinese government in accessing consumers’ data. The investigation will examine whether TP Link has …
California Attorney General Rob Bonta said his state would continue to sue the Trump administration’s aggressive deregulatory actions on environmental rules, and was also looking at more lawsuits connected to deception around plastic recycling. Speaking on the “Climate Frontlines” show …
The Cooperative of American Physicians, Inc. promoted Daniel Cavanaugh to senior vice president of business development. Cavanaugh was named vice president of CAP membership development in 2018. As senior vice president, he leads a new business unit that brings together …
Honeywell said on Wednesday that it has divested all of its Bendix asbestos liabilities, as well as certain non-Bendix asbestos liabilities, to corporate liability acquisition platform Delticus. The company is streamlining operations, with a plan to split into three independently …
It’s often insureds who come to Florida from Canada before winter sets in. But this week, it’s an Ottawa-based insurance brokerage that has moved into the Sunshine State with the acquisition of a Cape Coral firm. Gifford Carr Insurance Group …
Mergers and acquisitions (M&A) are rarely simple. Even in buoyant deal environments, uncertainties around valuation, regulatory approval, or contingent liabilities can derail negotiations at the eleventh hour. Over the past decade, transactional risk insurance has moved from being a niche …
President Donald Trump said 25% duties on medium- and heavy-duty trucks would begin Nov. 1, the latest expansion of his tariff regime aimed at protecting domestic industries. The proposal has been subject to an intense lobbying campaign by Detroit’s legacy …
CFC, with U.S. headquarters in New York City, created a new U.S.-based cyber development team and appointed leadership. John Keebler joins the business as its new national cyber development leader, USA, based in Chicago, Illinois. Working closely with CFC’s U.S. …
Navarro Jordan ordered his Land Rover Defender in August. On Aug. 15, Jordan, who lives in Los Angeles, got a notification that it had been assembled, and soon after, that it was ready and waiting to be shipped. Then the …