The California Department of Insurance issued cease and desist orders to four companies allegedly engaged in selling home warranty contracts in the state without proper authorization. Under the orders, the companies must immediately stop selling the contracts. Any company marketing …
Renaissance Insurance Group is planning to hold an initial public offering on the Moscow Exchange potentially as early as this autumn, a source familiar with the preparation for the listing told Reuters on Friday. The source, who asked not to …
Bermuda’s Vantage Group Holdings Ltd. is introducing new product offerings in healthcare and excess casualty. Vantage was established in late 2020 and began writing reinsurance risk on January 1, 2021, through its Bermuda company, Vantage Risk Ltd. Vantage has since …
The Caribbean Catastrophe Risk Insurance Facility has made a payout of approximately US$2.4 million to the government of Trinidad and Tobago following a rainfall event that occurred during August 18-20, 2021. The heavy rainfall resulted in flooding and landslides across …
Greenpeace and German environmental NGO Deutsche Umwelthilfe (DUH) will take legal action against BMW, Daimler’s Mercedes-Benz , Volkswagen and gas and oil firm Wintershall Dea over their impact on climate change, DUH said on Friday. Lawyers Remo Klinger and Roda …
Ladera Ranch, Calif.-based ALKEME named Curtis Barton CEO. Barton will be responsible for ALKEME’s operations and overall strategic vision, and he will focus on accelerating ALKEME’s growth through acquisitions nationwide as well as ALKEMEs digital organic growth platform. Barton previously …
Three large U.S. drug distributors and drugmaker Johnson & Johnson will proceed with a proposed $26 billion settlement resolving claims that they fueled the opioid epidemic after “enough” states joined in, the companies said on Saturday. The companies had until …
A data breach at the Dallas public school system earlier this month exposed the personal information of students, parents, teachers and staff dating to 2010, system officials revealed Sept. 2. In statements posted to its website, the Dallas Independent School …
Full restoration of electricity to some of the hardest-hit areas of Louisiana battered to an unprecedented degree by Hurricane Ida could take until the end of the month, the head of Entergy Louisiana warned Sept. 4. At least 16 deaths …
The economy keeps operating at a healthy pace in nine Midwest and Plains states, but supply delays and shortages of workers are limiting growth in the region, according to a new monthly survey of business leaders. The overall economic index …