The Allstate Corp. has acquired an office building in downtown Chicago months after agreeing to sell most of its campus in Northbrook, Illinois. Allstate confirmed it purchased the property at 29 N. Wacker Drive in Chicago’s Loop, a 10-story office …
Gov. Ned Lamont and Connecticut’s health care exchange announced plans Wednesday to launch a training program for licensed independent insurance brokers in the state’s three largest cities. James Michel, the chief executive of Access Health CT, said once these brokers …
Mississippi is moving closer to joining most other states in allowing people to use marijuana to relieve medical conditions. The state House voted 104-14 Wednesday to pass a bill that would create a medical marijuana program. The bill passed the …
The Los Angeles Unified School District agreed to pay $14.7 million to seven former students at an elementary school who claim their teacher sexually abused them several years ago. Rene Tenas, who taught fourth grade at Hart Street Elementary, was …
California Insurance Commissioner Ricardo Lara on Friday approved the FAIR Plan to offer new commercial coverage for farm structure risks starting Feb. 1. The FAIR Plan is an association made up of all admitted insurance companies to be the state’s …
More than 100 insurance companies are suing the Texas power grid operator and several power-generating companies (PGCs) over losses suffered from 2021 Winter Storm Uri, which resulted in more than 500,000 insurance claims and approximately $10.3 billion in insured Texas …
As a fast-moving wildfire spread in suburban Denver, an emergency responder warned Edna Nadine Turnbull to evacuate. But the 91-year-old went back inside her home to rescue her dogs. Turnbull and her pets were never seen again. Authorities said Wednesday …
Airbus SE is facing a 300 million euro ($340 million) lawsuit from a group of investors over allegations it failed to properly disclose a sprawling corruption scandal and subsequent settlement. The lawsuit, filed in the Netherlands, was served against the …
Two tankers have had their environmental and safety classification withdrawn by a U.S. company that provides such certification, after accusations by a U.S. advocacy group that they had shipped cargoes of Iranian oil, documents seen by Reuters show. Countries targeted …
Fortitude Re announced the formation of a Bermuda multi-line reinsurer and the acquisition of a U.S. life insurer. In addition, Fortitude Re’s subsidiary, Fortitude Reinsurance Co. Ltd. (FRL), Bermuda’s largest multi-line reinsurer, obtained approval to operate as a “reciprocal jurisdiction …