A Florida teen dropped his lawsuit on Wednesday against Meta Platforms META.O, canceling a Los Angeles trial over claims the social media company’s apps caused his depression and anxiety. The trial, which had been slated to begin on Monday, was …
Liberty Mutual Insurance has introduced its first new brand character in eight years: Liberty Biberty, the embodiment of the warm, fuzzy feeling you get when you have great coverage at a great price. Liberty Mutual first introduced the phrase “Liberty …
Allianz SE agreed to buy HSBC Holdings Plc’s Singapore insurance unit for S$2.7 billion ($2.1 billion), marking a substantial expansion less than two years after another deal in the city-state fell apart. The two firms also agreed to enter a …
Moscow warned that it is unsafe to navigate in its Black Sea waters after Ukraine has been ramping up attacks on Russia-linked ships in the area. The warning was addressed to all vessels in Russia’s exclusive economic zone in the …
The twin earthquakes that hit Venezuela last month may have caused $19.6 billion in physical damage to buildings and infrastructure, or about 18% of gross domestic product, according to a preliminary assessment by the World Bank. Almost half of the …
U.S. missiles struck targets across Iran, reaching as far as its Caspian coast, on Friday after President Donald Trump vowed “major military punishment” for Tehran and its Houthi allies in Yemen for extending the Middle East war to a second …
The United States and more than a dozen allied nations said on Thursday that Russian hackers stole emails from users of the Zimbra email program without having to fool them into opening an attachment or clicking a link. The trick, …
Munich Re reported second-quarter proft that exceeded analyst estimates on “very low” major-loss expenditures in its property-casualty reinsurance business. Net income amounted to about €2.2 billion ($2.5 billion) in the three months through June, the Munich-based reinsurer said in a …
Spanish insurer Mapfre said on Thursday that losses from the June 24 earthquakes in Venezuela would be up to €25 million ($28.5 million), after its first-half net profit grew 9.4% despite storm-related claims in Spain and Portugal and negative currency …
A married couple from New Bedford, Massachusetts was sentenced yesterday for a scheme to defraud at least 50 individuals or insurance providers seeking insurance coverage through their business, BL Insurance Brokerage, LLC. According to U.S. Attorney Leah B. Foley, a …