U.S. based global insurance broker Arthur J. Gallagher & Co. reports it has purchased Wexford, Ireland-based INNOVU Group Holding Co. Terms of the transaction were not disclosed. Founded by Ronan Foley in 2018, INNOVU Insurance is a retail insurance broker …
Canada’s Brookfield Asset Management said on Wednesday it had raised $15 billion for its first impact fund focused on the global transition to a net-zero carbon economy. The fundraise comes at a time when investors and lawmakers across the globe …
A safety mandate to reduce or eliminate space between elevator doors and landing doors inside North Carolina vacation cottages and other short-term rentals needs one more affirmative vote to receive final General Assembly approval. The requirement is contained in the …
Britain should avoid hasty reforms to make its financial sector more globally competitive after the industry’s separation from the European Union by Brexit, a parliamentary report said on Thursday. The finance ministry has proposed scores of changes to rules governing …
A Washington state jury on awarded the Lummi Indian tribe $595,000 over the 2017 collapse of a net pen where Atlantic salmon were being raised – an event that elicited fears of damage to wild salmon runs and prompted the …
The owner of seven Louisiana nursing homes who sent more than 800 of his elderly residents to a crowded, ill-equipped warehouse to ride out Hurricane Ida last year was arrested Wednesday on fraud and cruelty charges arising from the squalid …
Crews recovered the body of a man who was buried under piles of grain and debris from a collapsed grain silo in southeastern Iowa on Wednesday. The collapse happened just before 8 a.m. Tuesday at a grain elevator at Yarmouth, …
A report from the Insurance Information Institute confirms what many Florida homeowners have suspected: Their insurance premiums are some of the highest in the nation. The annual cost of a Florida homeowners policy this year will jump to $4,231 – …
China’s manufacturing hub of Guangdong raised its flood warning to the highest level due to the worst rains in decades, spurring more evacuations and threatening further supply chain disruptions in an economy reeling from Covid-related lockdowns. Guangdong province raised its …
Citizens Property Insurance Corp. could spend $100 million this year on attorneys who defend claims litigation against the insurer, a significant increase from previous years. The Miami Herald reported that the insurer of last resort’s claims committee met Thursday and …