The Jensten Group has completed the acquisitions of Basil Fry & Company and Bellegrove, following final regulatory approval. Collectively the deals bring an additional 5000 clients, 80 staff and £40 million ($47.9 million) gross written premiums to the Jensten Group. …
European buyout houses Montagu Private Equity and Astorg Partners are preparing to hang the “for sale” sign on their UK insurance software investments, hoping to woo insurers and fellow private capital funds with their technology. Montagu is exploring a sale …
Exxon Mobil Corp. was sued for racial discrimination by a U.S. federal agency on Thursday, with charges alleging that the oil major failed to protect workers from harassment after nooses were found at one of its facilities in 2020. The …
Canada will bar civil servants from using TikTok Inc. on government-issued mobile devices due to security concerns around data collection. The social media app, which is owned by China’s ByteDance Ltd., will be automatically removed and blocked from devices starting …
In a major breach of a U.S. Marshals Service computer system this month with ransomware, hackers stole sensitive and personally identifiable data about agency employees and targets of investigations, an agency spokesman said Tuesday. The hacked system was disconnected from …
A 42-story hotel being constructed in one of Hong Kong’s tourism districts went up in flames before firefighters brought the fire under control. The Kimpton Hong Kong, a 492-room luxury hotel to be operated by InterContinental Hotels Group Plc near …
Ford Motor Co. said it is recalling 98,500 older Ranger pickup trucks in the United States because replacement front passenger air bag inflators may have been installed incorrectly. The new recall covers 2004-2006 model year Ranger trucks recalled in 2017 …
Federal and local officials in Florida were investigating after a train car carrying 30,000 gallons (113,562 liters) of propane tipped over in a derailment along the Gulf Coast. The freight train operated by Seminole Gulf Railway derailed Tuesday in an …
Baltimore leaders agreed Wednesday to pay a $6 million settlement to the family of a driver who was killed during a 2010 police chase involving Gun Trace Task Force officers – the city’s latest payout resulting from flagrant misconduct by …
Three workers were injured when part of an underground coal mine with a history of safety violations collapsed in southern Montana, authorities said Wednesday. The miners were about a mile inside Signal Peak Energy’s Bull Mountain Mine when the area …