Chicago-based Hub International Limited (Hub) has acquired the assets of KC Insurance Group LLP in Overland Park, Kansas. Terms of the transaction were not disclosed. KC Insurance Group is an independent insurance agency serving the Kansas City area and specializing …
A Michigan-based home improvement store operator will pay $25,000 to settle a sexual harassment lawsuit, federal officials say. In its sexual harassment lawsuit filed against Menards Inc., which operates over 300 home improvement stores in 14 states, the U.S. Equal …
An Iowa insurance agent has had his license suspended and has been ordered to cease and desist conducting insurance business in the state, regulators say. The Iowa Insurance Division said in addition, Oscar Sanchez of West Des Moines, is banned …
After negative moves by ratings agencies last month to address its financial issues, Florida’s insurance regulator says American Capital Assurance Corp. (AmCap) is insolvent and should be placed in receivership, In a letter dated April 2 to Chief Financial Officer …
LONDON – G20 companies will face common disclosure requirements on climate change risks under plans by the Financial Stability Board, which coordinates financial rules for the group. In the latest sign of how policymakers want faster action to replace the …
The U.S. Supreme Court on Monday sidestepped a chance to further expand religious rights, turning away two cases in which employees accused companies of violating federal anti-discrimination law by insufficiently accommodating requests for time off to meet religious obligations. The …
The U.S. Supreme Court handed Alphabet Inc.’s Google a major victory on Monday, ruling that its use of Oracle Corp.’s software code to build the Android operating system that runs most of the world’s smartphones did not violate federal copyright …
CNA Insurance said it continues to make progress in restoring its operations following a March 21 cyber attack. Today it announced that cna.com, including CNA Central and cnasurety.com are back online. This means that CNA’s small business agents and brokers …
Insurance carrier mergers and acquisitions could reach historic levels in 2021 based on early indications from a robust first quarter, according to a new Standard & Poor’s report. U.S. and/or Bermuda based acquirers or acquisition targets achieved an aggregate deal …
New York remains extremely active in the cybersecurity and data protection arena. During its current legislative session, New York is considering a proposed privacy bill that would greatly enhance consumer privacy rights, increase business obligations and create new litigation/enforcement exposure. …