Insurers are about to pay state-owned Bangladesh Shipping Corp. (BSC) $22.48 million for its vessel that was hit by a missile during fighting in Ukraine, two officials involved said on Tuesday. The expected settlement is one of the first shipping …
What used to be a rare one-two punch of consecutive hurricanes hitting about the same place in the United States weeks apart seems to be happening more often, and a new study says climate change will make back-to-back storms more …
Travis joins Brotherhood Mutual Insurance Company as Senior Vice President Brotherhood Mutual Insurance Company, based in Fort Wayne, Indiana, has named Abel Travis its new senior vice president, affiliate operations. Travis will lead agency enterprises, American Church Group, LLC, and …
The insurance sector saw 449 completed mergers and acquisitions (M&A) worldwide during 2022, up from 418 the previous year – the highest for a decade, according to law firm Clyde & Co’s insurance growth report. However, there was a marked …
Walmart Inc. violated federal workplace safety standards at its warehouse in Johnstown, New York, when it failed to prevent stored merchandise from falling onto – and seriously injuring – an employee in 2017, a federal panel has affirmed. The Feb. …
Fox Corp. Chairman Rupert Murdoch acknowledged under oath that some Fox hosts “endorsed” the notion that the 2020 U.S. presidential election was stolen, according to a court filing unsealed Monday. Murdoch’s acknowledgment is included in a filing from Dominion Voting …
Acrisure, a fintech company that operates a top-10 global insurance broker, announced the formation of Acrisure Deutschland GmbH, a new subsidiary covering the German, Austrian and Swiss markets. Mathias Pahl will serve as president of Acrisure Deutschland GmbH and head …
A Florida tort-reform bill that picks up where previous insurance-market rescue bills left off has passed its first milestone and now moves to the full House Judiciary Committee. But the speaker of the House said the measure is far from …
Latino workers at a Tennessee meat processing plant have reached a $1.2 million settlement in a lawsuit over a 2018 immigration raid in which they were “targeted by federal agents” because of their ethnicity, an immigration advocacy group said on …
A medical transport flight that crashed in a mountainous area in northern Nevada, killing five all five people aboard the plane including a patient, apparently broke apart before hitting the ground, authorities said. The National Transportation Safety Board has sent …