Pakistani online insurance startup Waada acquired a local rival to create the South Asian nation’s largest player in the field, seeking to benefit from growth in the burgeoning market. The Karachi-based company took over MicroEnsure Pakistan, a unit of MIC …
Runaway inflation, an unfolding debt crisis and cost-of-living problems pose the biggest threats to doing business for G20 countries in the next two years, data from the World Economic Forum showed on Monday. Inflation has surged to levels not seen …
Michael Hall was an early insurance carrier entrant into the insuring cannabis space. Yet, even as it has grown and his competition increases, he doesn’t seem to worry about losing business to competitors or the potential of having to operate …
Brazilian insurer BB Seguridade Participacoes SA raised some full-year forecasts on Monday after reporting a 69% jump in third quarter profit on the back of a strong commercial performance in insurance, pension plans and premium bonds. BB Seguridade, which is …
Allstate Corp. is in talks about moving its headquarters to Chicago after selling the majority of its suburban campus earlier this year, potentially returning to a city that it quit decades ago. The insurer has held discussions with Chicago officials …
The American cheerleading company behind the sport’s top uniforms, camps and competitions is vehemently denying accusations that the enterprise helped facilitate alleged sexual abuse at gyms across the Southeast outlined in a series of federal lawsuits, and has hired a …
Electric company PacifiCorp has entered a settlement with two families who were victims of the catastrophic Labor Day fires in southern Oregon in 2020, according to attorneys representing the families, the Oregonian reports. The confidential settlement avoids a jury trial …
A car was buried in the backyard of a Northern California mansion 30 years ago as part of a scheme to commit insurance fraud, authorities said Thursday. The convertible Mercedes was discovered last month by landscapers in the affluent town …
Berkshire Hathaway’s insurance business recorded an after-tax underwriting loss of $962 million (a pre-tax loss of $1.15 billion) in the third quarter, a decrease of $178 million from 2021, as catastrophe losses and increases in private-passenger auto frequency offset underlying …
The U.S. Supreme Court is set on Monday to hear arguments in two cases that could make it easier to challenge the regulatory power of federal agencies in disputes involving the Federal Trade Commission and the Securities and Exchange Commission. …