With the addition of nine new indictments, 28 people now have been charged in a federal probe into the staging of automobile accidents in Louisiana, according to U.S. Attorney Peter G. Strasser. The nine defendants were charged in a seven-count …
Hundreds of thousands of people were without power Friday along the Alabama coast and the Florida Panhandle in the aftermath of Hurricane Sally as officials assessed millions of dollars in damage that included a broken bridge in Pensacola and ships …
U.S. park officials have failed to show enough was done to keep the public updated as a deadly wildfire spread from Great Smoky Mountains National Park in 2016, a judge ruled. The decision earlier this month by U.S. District Judge …
MetLife is pursuing a sale of its property/casualty auto and home insurance business, according to a report by analysts following the company Keefe, Bruyette & Woods (KBW) analysts, Ryan Krueger and Meyer Shields, said the insurer is looking at a …
Next Insurance is in talks to raise new capital in a round that values the insurance technology startup at about $2.25 billion, according to people familiar with the matter. Alphabet Inc.’s CapitalG is in talks to lead the roughly $250 …
Lower-middle-market private equity firm Huron Capital announced that its full-service insurance brokerage platform, High Street Insurance Partners, has acquired Tracy, Driscoll & Co. Inc. and Millennium Alliance Group LLC (MAG). Both agencies will support High Street’s strategic goals by expanding …
KMRD Partners has hired Greg Chaples to its team as a sales and relationship manager in its Warrington, Penn., office. KMRD Partners is a risk management and human capital consulting and insurance brokerage firm with offices located throughout Pennsylvania. Prior …
New York state filed civil charges on Thursday accusing Johnson & Johnson of insurance fraud for downplaying the risks of opioid painkillers, including to doctors and elderly patients. Governor Andrew Cuomo said the charges by New York’s Department of Financial …
Hurricane Sally is not expected to cause a major insurance loss – compared to events such as the ongoing wildfires in California, Oregon, and Washington, or Hurricane Laura, according to AM Best. As the storm was more of a flood …
Crew members on a dive boat say they were never instructed on emergency procedures before a predawn fire swept through the vessel as it was anchored off the Southern California coast, killing 34 people as they slept below deck, according …