Construction work on Citadel’s new headquarters in Miami has been paused following an accident on the site last week, the Wall Street Journal reported. The collapse of a rig last week prompted county authorities to issue a stop-work order pending …
Bamboo Insurance Services Inc., a home insurance firm controlled by private equity firm CVC Capital Partners, has postponed its initial public offering, according to people familiar with the matter. The Midvale, Utah-based company cited market conditions for the move, the …
The managing partner at Hotaling Insurance Services has been named to the Florida Citizens Property Insurance Corp. Board of Governors for a three-year term. Gabriel “Gabby” Dieppa, based in Miami, was appointed by Florida House Speaker Daniel Perez this summer, …
Alphabet Inc. agreed to fund capacity increases at two nuclear plants operated by a Southern Co. subsidiary that will add about 96 megawatts of new supplies amid a data center-driven jump in electricity demand. Alphabet’s Google will finance so-called uprates …
India’s food regulator said it has initiated legal action against Nestle India Ltd. for breaching infant nutrition marketing rules and for substandard manufacturing. The company’s promotional material for Nan Excella Pro Stage 1 and Lactogen Pro Stage 1 claims to …
Some software-as-service vendors are holding insurance companies on a tight leash, charging them huge annual fees for upgrades and for the privilege of accessing their own data, according to an insurance executive and a tech company owner who spoke at …
New changes to FEMA’s flood maps means that thousands more residential properties are now located within the high-risk Special Flood Hazard Area (SFHA), according to a Cotality alert. Within more than 100 communities across 12 states, homeowners must comply with …
U.S. President Donald Trump said in a social media post on Saturday that he plans to appoint a new artificial intelligence adviser, known as an “AI czar,” and create an “AI force,” though he did not provide details about either …
French life insurer CNP Assurances SA is exploring a potential takeover of Coface SA, people with knowledge of the matter said. CNP, which is owned by state-backed La Banque Postale, is working on an offer for the credit insurer, said …
Insurance Australia Group Ltd. said a settlement of proceedings brought by Credit Suisse entities over Greensill trade credit insurance policies hasn’t been finalized. “IAG does not comment on confidential discussions between parties to litigation, however a settlement has not been …