Zurich Insurance has agreed to sell its Russian business to members of the local team, it said on Friday, as the Swiss insurer became the latest company to announce its exit from the Russian market. A slew of companies — …
Oregon remains poised to see a potentially “challenging” wildfire season this summer, despite a wet and cool spring in much of western Oregon, one of the state’s top fire watchers said Monday. The rain and snow have helped to push …
When two-thirds of the brokers at a prominent Calgary oil firm quit without explanation around the Easter weekend, the exodus chilled Canada’s oil market. Now, a lawsuit filed against the firm, NE2 Group, purports to offer a window into life …
A New Jersey company cannot enforce an arbitration provision in an agreement signed by a 15-year-old minor who misrepresented his age to gain access to its commercial trampoline park. The Superior Court of New Jersey Appellate Division held that the …
An S&P Dow Jones Indices executive told Reuters on Wednesday it has removed electric carmaker Tesla Inc. from the widely followed S&P 500 ESG Index because of issues including claims of racial discrimination and crashes linked to its autopilot vehicles, …
Allianz has acquired a 51% stake in Jubilee General Insurance Co. of Tanzania Ltd. from Jubilee Holdings Ltd. (JHL) and the Aga Khan Fund for Economic Development (AKFED). JHL will retain a 15% stake and six minority shareholders will maintain …
To counteract rising construction material costs that have increased about 26.7% the first four months of 2022, personal and commercial property insurers will continue to gradually increase rates, said Moody’s Investor Service. The rating agency said insurers have been “raising …
The US Department of Justice is changing its policy around a controversial anti-hacking law, addressing longstanding complaints from cybersecurity researchers that the law could criminalize good-faith efforts to improve technology. The Computer Fraud and Abuse Act, or CFAA, is a …
Alera Group acquired West Michigan Insurance Inc., a Property & Casualty insurance agency based in Grand Rapids, Michigan, with office locations in Shelby, Michigan, and Hart, Michigan. Founded in 1924, West Michigan Insurance brings a vast array of insurance and …
The National Weather Service has confirmed a series of weak tornadoes across rural parts of northwestern Kansas and a county in southwestern Nebraska along the Kansas line. The tornadoes hit Tuesday afternoon as a line of storms moved across the …