Malaysia said it’s entered mediation talks with Julius Baer Group Ltd. in a bid to settle a $112 million lawsuit filed against the Swiss bank by a unit of the failed 1MDB development fund. SRC International (Malaysia) Ltd. sued the …
Rising costs and changing customer expectations are driving satisfaction in the insurance and mortgage industry, according to an American Customer Satisfaction Index study. Among the four industries studied — health insurance, life insurance, property and casualty insurance (P/C), and mortgage …
The Arctic cold snap hitting Europe this week will be a test for thousands of Polish families that in recent years replaced coal furnaces with solar panels and heat pumps to heat their homes. Temperatures are expected to drop to …
Skyward Specialty Insurance Group Inc., headquartered in Houston, Texas, promoted John Burkhart to president, U.S. property & casualty, Skyward Specialty Insurance. In this expanded role, Burkhart will assume oversight of the Company’s captives & specialty programs divisions in addition to …
Written words have an intended meaning. Fair-minded readers try to grasp that meaning. But other readers impute motives to the writer either to serve their own ends or to protect the writer from unforeseen consequences. Once, early in my career, …
A U.S. appeals court paused a California law set to take effect in January requiring large companies to report every two years on how climate change could hurt them financially. Another new law requiring major companies to annually disclose their …
Encova Insurance, headquartered in Columbus, Ohio, named Corey Palumbo to their board of directors. Palumbo is an attorney with Bowles Rice in Charleston, West Virginia, where his primary practice areas include energy litigation, deliberate intent and general civil litigation. Palumbo …
Ohio utility regulators ordered Akron-based FirstEnergy on Wednesday to pay more than $250 million in fines and refunds as a result of its misconduct in a sweeping Statehouse bribery scandal whose fallout continues five years on. The punishment meted out …
Alphabet’s Waymo will expand its robotaxi operations to Minneapolis, Tampa and New Orleans in the coming days, the ride-hailing service provider said on Thursday, as it accelerates the broad rollout of its services in the U.S. The company said it …
Vehicles with large driver-side blind zones are far more likely to strike pedestrians during left turns, according to new research from the Insurance Institute for Highway Safety. In a study of nearly 4,500 pedestrian crashes in seven states, IIHS found …