The U.S. Justice Department will propose legislation as soon as Wednesday to try to remove protections that big tech platforms like Alphabet’s Google and Facebook have had for decades, a department official said on Wednesday, speaking on condition of anonymity. …
Lloyd’s, the specialist insurance and reinsurance market, announced it has promoted Pavlos Spyropoulos to CEO of Lloyd’s Asia and country manager of Singapore, effective July 29, 2020. has more than 12 years of experience at Lloyd’s and a deep understanding …
Michigan’s attorney general has asked a judge to shut down a pipeline in the Great Lakes after an energy company discovered that an anchor support had shifted deep below the surface. Enbridge Inc. insists the Line 5 pipeline itself was …
Heavy rains from Hurricane Isaias could hit Florida late Friday night before the owerful storm moves up the east coast into early next week, the U.S. National Hurricane Center (NHC) said in its latest advisory. The hurricane, packing maximum sustained …
Aug. 2, 8:55 pm— The Florida coast looked set to avoid major damage late on Sunday with Tropical Storm Isaias keeping offshore as it rumbles north, although it could strengthen to a hurricane by the time it reaches the Carolinas …
NFP, an insurance broker and consultant that provides property and casualty, corporate benefits, retirement and individual solutions, has acquired Rose & Kiernan Inc. in a transaction that closed effective August 1, 2020. Rose & Kiernan, based in Albany, N.Y., is …
Buckle, an insurtech startup focused on rideshare insurance, has acquired Gateway Insurance Co., a subsidiary of Schaumburg, Illinois-based Atlas Financial Holdings, for an undisclosed price. The move allows Buckle to expand its commercial auto coverage capacity and reach via a …
Insurance broker McGriff will expand its southeastern Florida operations with a new headquarters office in Coral Gables and the opening of branch locations in Fort Lauderdale and Weston later this year. The move to a consolidated South Florida operation will …
USI Insurance Services has acquired Troy, Mich.-based Colburn Group Insurance. Terms of the deal were not disclosed. All of the agency’s team members, including Harry Colburn, chairman, and Pamela Haron, president, will be joining USI. Colburn Group is an independent …
Gov. Jim Justice has declared an emergency in a southern West Virginia county from severe flooding. Thunderstorms caused floodwaters to rise in Fayette County on Sunday night, prompting Justice to issue the emergency declaration. Several roads in the county were …