Two months after Allstate announced that a Florida subsidiary would non-renew 33,000 condominium policies, the company has filed for a 53.5% average rate increase. Castle Key Indemnity Co., which until recently held some 278,000 policies in Florida, making it one …
This edition of International People Moves details appointments at Howden Tiger and Markel International. A summary of these new hires follows here. Howden Tiger Names Ruff as Head of Legacy Division in Expanded Role Howden Tiger, the reinsurance arm of …
Coinbase debuted on the U.S. stock market on April 14, 2021 – the same day U.S. senators confirmed Gary Gensler to lead the Securities and Exchange Commission (SEC), the country’s top markets regulator. Gensler, who has called the crypto sector …
Denmark is salvaging an unidentified object found next to a Russian gas pipeline that was damaged in a blast last September, as investigators continue to seek who was behind the attack. The operation comes two weeks after German authorities said …
Illinois’ top court on Thursday said U.S. labor law bars unionized workers from suing their employers for violations of the state’s biometric privacy law, which can expose companies to massive penalties. The Illinois Supreme Court unanimously held that campus security …
The Biden administration’s strategy of leaning on industry regulators to block deals that might be tricky for the Justice Department to challenge in court is working. In the past month alone, telecom and airline regulators have moved to nix Standard …
International General Insurance Holdings Ltd. announced the completion of the acquisition of Norway-based managing general agency Energy Insurance Oslo AS (EIO). The transaction included the acquisition of all outstanding shares of EIO. The entity, which is expected to be renamed …
Tool and die workers at a Nissan plant in Smyrna, Tennessee voted overwhelmingly against unionization Thursday, another loss for organized labor in the deep South. The workers voted 62-9 against joining the machinists union, according to news reports. The union …
A federal judge in Manhattan on Thursday said Grubhub, Uber Eats and Postmates cannot force diners who have used their platforms into binding arbitration over claims they conspired to drive up prices for restaurant meals during the COVID-19 pandemic. The …
The National Security Group, the Alabama-based parent company of a number of property-casualty, life and health insurance companies, has elevated three people to C-suite positions. Kelly Jackson was named chief financial officer; Tonya Jones is the new chief operating officer; …