Arthur J. Gallagher & Co. announced the acquisition of Erimus Group Ltd. in the UK. Terms of the transaction were not disclosed. Founded in 1986 and based in Teesside, England, Erimus is an established retail insurance broker with a strong …
Montana Gov. Greg Gianforte is making up to $5 million in grant funding from Montana’s bed tax fund available to businesses that have been impacted by destructive flooding in southern Montana. Gianforte’s office announced the grant funding, and said more …
The Food and Drug Administration’s order to Juul Labs Inc. to take its products off shelves in the US threatens to undermine the e-cigarette maker’s defense in a sprawling legal fight over its youth marketing practices. But it also raises …
Five months ago, Citizens Property Insurance Corp. filed for a near-maximum-allowed rate increase for most of its policies, citing the need to continue depopulating the rapidly growing insurer of last resort. Last week, despite concerns that Citizens’ premiums are significantly …
A federal judge in California on Monday ordered a new trial on the damages Tesla Inc. owes to a Black former factory worker who accused the company of race discrimination, after he turned down a $15 million award. U.S. District …
Gov. Doug Burgum is asking for some federal help in dealing with $57 million in public infrastructure damage caused by severe spring storms and flooding in North Dakota. Burgum has requested a presidential disaster declaration that would provide federal aid …
UK home insurer Policy Expert’s owner is considering a potential sale that could raise as much as £1 billion ($1.2 billion), people with knowledge of the matter said. Investment firm Primary Group Ltd. is working with advisory firm Perella Weinberg …
The family of an unarmed Arkansas teenager fatally shot by a sheriff’s deputy during a traffic stop filed a federal lawsuit Thursday against the deputy and a county sheriff over the teen’s death. The family of Hunter Brittain filed the …
Taiwan’s financial regulator said on Tuesday that seven Taiwanese insurance companies have not received interest due on May 27 on Russian Eurobonds after a grace period ended on Sunday evening. Russia defaulted on its international bonds for the first time …
Louisiana state leaders have broken ground for a $463 million project that will elevate 8.3 miles of La. 1, one of the state’s hurricane evacuation routes. The groundbreaking held Friday is for work that will be done between Golden Meadow …