U.S. equity investors are demanding higher risk premiums to compensate for rising cyber threats as the coronavirus pandemic pushes more businesses to move online. That’s according to researchers at Michigan State University who found that funds adjust their positions according …
Zurich Insurance Group is launching a new unit to expand digital services platform worldwide. The company has also appointed several new chief executive officers for key regions. The new Global Business Platforms unit will be headed by current Asia Pacific …
Chicago-based global insurance brokerage HUB International Limited (Hub) has acquired the assets of Hollis Companies L.L.C. (Hollis Companies) and The Employee Benefits Corporation (TEBC), located in Metairie, Louisiana. Terms of the transaction were not disclosed. TEBC and Hollis Companies are …
The family of a Black man who died in Tacoma, Wash. police custody announced they plan to sue the police department for $30 million for his death. Seattle lawyer James Bible, who represents Manuel Ellis’ family in the legal action, …
A Denver, Colo., judge awarded $40,000 to a woman after a man she dated sent a sexually-explicit video of her to her estranged husband. The woman’s attorney says it is the first trial victory under Colorado’s “revenge porn” law. The …
A federal court in California has dismissed a lawsuit filed by a Los Angeles restaurant seeking business interruption losses from Travelers Indemnity due to coronavirus-related restrictions on its business. Judge Stephen Wilson of the U.S. District Court for Central California …
An out-of-court settlement has been reached in a federal civil rights lawsuit filed by a man who said he suffered a serious brain injury during an arrest by an Otter Tail County, Minnesota, sheriff’s deputy. The attorney for Kameron Boudin …
A northern Indiana city that sits along the Wabash River is home to thousands more flood-prone homes and properties than are listed on federal floodplain maps, new research shows. The study by the First Street Foundation, a nonprofit research and …
Rust-Ewing, Watt, & Haney Inc., a Texas City, Texas-based provider of personal and commercial insurance products, has reported that Rust-Ewing Insurance and Assurance One Insurance are being renamed Texas First Insurance, effective Sept. 1, 2020. The agency headquarters will remain …
AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Limited, and AllDigital Specialty, a de novo MGA, will launch a new insurance platform designed for the U.S. small private company management liability market. AllDigital utilizes low-touch/no-touch technology that …