The U.S. Supreme Court on Friday agreed to hear Goldman Sachs Group Inc.’s appeal in a securities fraud case that could redefine the ability of shareholders to pursue class actions against public companies whose stock prices fall. Goldman is appealing …
Editor’s note: This is part of a series of articles based on panels and presentations during Insurance Journal’s 2020 Insuring Cannabis Summit on Nov. 19. If there is one big problem in the insuring cannabis space – where issues include …
Urged on by hospitals, doctors and patients, U.S. health officials are proposing changes to medical privacy rules that could ease information sharing in crisis situations. Trump administration officials at the Department of Health and Human Services say their proposal, released …
A temporary order extending the area where South Carolina’s residual property insurance market provides insurance has been renewed for another two years. An order issued by South Carolina Insurance Director Ray Farmer says the renewal of the 2007 expansion of …
A Jefferson County court erred when it ruled the city of Birmingham should have to pay benefits to relatives of a city worker who was shot to death while cutting grass, the Alabama Court of Civil Appeals ruled Friday. The …
Georgia is moving forward with plans to test for lead in drinking water at schools and child care facilities. The state Board of Education on Thursday approved hiring Research Triangle Institute for $980,000 to perform the tests using a federal …
Kentucky Gov. Andy Beshear announced Thursday that the state’s restaurants, bars, gyms and other businesses will be able to return to their previous capacity limits starting Monday, Dec. 14. “When we talk about COVID being a fast moving train, it …
British insurer Aviva is to sell its Vietnamese business to Canadian insurer ManuLife it said on Monday, as it pushes ahead with plans to pull out from its non-core markets. Aviva, under new boss Amanda Blanc, is looking to sell …
Inc. faces the prospect of a 14 billion-pound ($18.6 billion) UK class action — the largest of its kind — after losing another battle at the country’s highest court over illegal swipe fees. The Supreme Court ruled in favor of …
Insurer broker Aon has acquired a 49% equity stake in Anviti Insurance Brokers Pvt. Ltd, a fast-growing, composite broking firm in India. Anviti will transition to the Aon brand pending regulatory approvals. Financial details of the deal were not disclosed. …