A former Maryland police officer has been sentenced for his role in an auto-insurance fraud scheme that involved several other police officers over several years. Michael Anthony Owen, Jr., of Accokeek, a former Prince George’s County police officer, was sentenced …
Daniel Ilg started out in the freight brokerage industry at 14 years old, learning from his dad how to match trucking companies with loads of goods that needed to move around the country. About two decades later, now running the …
The U.S. Securities and Exchange Commission on Tuesday sued the former CEO and two other top executives of Tricolor, the latest fallout after the collapse of the Texas-based used-car seller and subprime lender last year. The SEC charged former CEO …
Latin American non-life insurers are moving into a softer part of the cycle, but they are doing so from a position of relative strength. After two years of pricing adjustments in response to the effects of the pandemic and the …
Munich Re Group on Aug. 19 said it has agreed to acquire cyber insurtech At-Bay, Inc. for $575 million. The cyber insurance and managed detection and response (MDR) provider primarily serving small- to medium-sized enterprises in the U.S. will be …
Data center developers are turning to bespoke natural-gas power plants, a development that promises to dramatically increase carbon emissions and make it harder for US technology companies to meet their lofty climate goals. Ninety-nine proposed plants tracked by BloombergNEF would …
To establish an operational presence in the U.S., reinsurance broker Willis Re on Aug. 18 said it is acquiring BMS Re, US. The deal includes BMS Intermediaries Inc. and BMS Capital Advisory LLC, as well as the associated US reinsurance …
Luigi Mangione’s New York State murder trial in the killing of UnitedHealthcare CEO Brian Thompson, which was slated to begin Sept. 8, has been postponed indefinitely as his lawyers seek to have the case thrown out on double jeopardy grounds …
Pennsylvania Governor Josh Shapiro on Tuesday signed an executive order that would require companies setting up AI data centers in the state to meet environmental and transparency safeguards and secure local community approval for the projects. The state has become …
There’s a flurry of construction in Pacific Palisades, more than a year and a half after a wildfire ravaged the Los Angeles enclave in the most destructive blazes in Southern California history. There’s also a lot of frustration. At the …