Gale-force winds lashed much of the northeastern U.S. on Monday, prompting tornado watches and flash-flood warnings. “Hold on to your hats!” the National Weather Service in Boston tweeted as gusts exceeding 50 mph and heavy rainfall bore down on a …
Hub International Ltd., the Chicago-based insurance brokerage, announced that it has acquired Seymour Alper Inc. Terms of the transaction were not disclosed. Located in Mount Royal, Quebec, Canada, Seymour Alper Inc. is an insurance and risk management firm providing innovative …
Specialty insurer Crum & Forster (C&F) has acquired the renewal rights of Aspen’s U.S. food and beverage product recall insurance portfolio written primarily through the excess and surplus lines market. The company said the Aspen underwriting team servicing this portfolio, …
Fairfax Financial Holdings Ltd. announced it has entered into a binding agreement with CVC Capital Partners (CVC) to sell all of its interests in RiverStone Europe to private equity firm CVC Capital Partners for approximately $750 million. Fairfax also will …
California will provide temporary tax relief and $500 million in aid to small businesses struggling because of coronavirus outbreak restrictions, Gov. Gavin Newsom announced Monday. The tax measures include a three-month automatic extension of the income tax payment deadline for …
The 2020 hurricane season set records with the number of storms in Atlantic Ocean regions, but Hawaii escaped largely unscathed in the season that has now drawn to a close. The Central Pacific basin area experienced only an early tropical …
Pennsylvania Governor Tom Wolf has vetoed a bill that would have expanded liability protection against COVID-related lawsuits for various businesses and entities in the state as they continue to grapple with coronavirus-related restrictions. House Bill 1737 was initially introduced by …
California has asked hospitals to ramp up their coronavirus testing amid a surge of new cases, urging them to test health care workers at least once per week while testing all new patients before admitting them. California reported 7,787 confirmed …
The app builders had planned for pranksters, ensuring that only people with verified COVID-19 cases could trigger an alert. They’d planned for heavy criticism about privacy, in many cases making the features as bare-bones as possible. But, as more states …
U.S.-based Genworth Financial Inc. reported that Chinese officials have renewed their approval of China Oceanwide Holdings Group’s acquisition of Genworth’s Delaware-domiciled insurer, allowing the deal to proceed to meet other regulatory requirements. The deal was originally proposed in 2016, but …