Spain’s Catholic bishops agreed to let the Spanish government’s ombudsman have the final say in the church’s compensation of victims of sexual abuse by clergy members who have died or whose possible crimes are too old to be prosecuted. The …
The American Property Casualty Insurance Association released a statement in support of federal legislation, up for committee discussion today, that is meant to increase the transparency of third-party financers in litigation. The Protecting Third Party Litigation Funding From Abuse Act, …
Warburg Pincus is considering a possible sale of UK insurance broker McGill and Partners, according to people familiar with the matter. The private equity firm has held early talks with potential advisers to explore options for London-based McGill, the people …
Florida-based global insurance broker The Baldwin Group announced it has completed the acquisition of Creisoft, Inc. and its subsidiaries, collectively known as Obie, a Chicago-based embedded insurance distribution business specializing in insurance solutions for landlords and real estate investors. Obie …
With the second-oldest population in the country, Vermont needs its nursing homes. Yet, while Vermonters rapidly age, the state’s long-term care capacity has dwindled, losing 900 beds in the last two decades. To keep the struggling system afloat, the state …
The U.S. seized an empty Russian-flagged, Venezuela-linked oil tanker in the Atlantic Ocean on Wednesday as part of President Donald Trump’s aggressive push to dictate oil flows in the Americas and force Venezuela’s socialist government to become an ally. After …
Florida property-casualty insurance leaders have said they are not expecting big changes from the Legislature’s 2026 regular session that begins today, given the much-touted impact that 2022 reforms have already had on excessive litigation costs in recent years. But one …
President Donald Trump on Tuesday said the United States-Mexico-Canada trade agreement is not relevant for the U.S. but Canada wants it, as he pushed for companies to bring manufacturing back to American soil. “There’s no real advantage to it, it’s …
The finance industry is relying on climate models that understate the speed at which temperatures are rising, according to a fresh study by Britain’s main association of actuaries. The Institute and Faculty of Actuaries, which conducted its study together with …
Brokerage ALKEME Insurance said it has acquired five agencies over the last quarter to enhance its property/casualty offerings while expanding its employee benefits capabilities across the United States. “With strong property and casualty capabilities in Indiana, New Jersey, California and …