Credit Suisse agreed to pay France 238 million euros ($234 million) to settle a tax fraud and money laundering case on Monday, putting another legal headache behind it as it prepares a strategic overhaul. The agreement resolves an investigation in …
Improved and more sophisticated risk management in the cannabis industry warrant reduced insurance costs and more capacity, says the head of risk management at one of the cannabis industry’s best-know publicly traded companies. Karl Long is senior director of risk …
Three decades after a car was reported stolen in Northern California, police are digging the missing convertible out of the yard of a $15 million mansion built by a man with a history of arrests for murder, attempted murder and …
Canopius Group, the London-based global specialty re/insurer, announced the launch of the “Canopius Tech & Data Hub” in Manchester, UK. The Hub, which will begin operating early next year, will ensure that Canopius is developing the best possible solutions within …
Conspiracy theorist Alex Jones has asked a Connecticut judge to throw out a nearly $1 billion verdict against him and order a new trial in a lawsuit by Sandy Hook families, who say they were subjected to harassment and threats …
CBS Corp.and former Chief Executive Leslie Moonves agreed to pay investors an additional $9.75 million as part of a pending settlement of the New York attorney general’s probe into whether the company violated state securities law in its handling of …
Just six weeks before European Union sanctions on Russian oil come into effect, insurers are still unclear as to exactly how they will work. At the heart of the uncertainty is a continued lack of detail surrounding US-led plans, endorsed …
Newfront Names Executives at New Boston Office Insurance broker Newfront recently named several executives and leaders at its newly established Boston, Massachusetts, office. Brian Kelleher joins the Boston office as senior vice president on the property/casualty team and a founding …
Connecticut businesses will see another rate decrease in workers’ compensation insurance beginning on January 1, 2023. The Connecticut Insurance Department has officially approved an average decrease of 3% to workers’ compensation pure premium loss costs in the voluntary market. There …
Hub International Limited acquired the assets of Priority Insurance Associates LLC in Scottsdale, Arizona. Priority co-owners Victoria Turns and Nancy Vukelich, and the Priority Insurance Associates team will join Hub Southwest. Priority Insurance provides commercial and personal insurance solutions to …