Commercial insurance market Lloyd’s of London is encouraging members of its 100-odd syndicates to attend its annual general meeting next week online rather than in person, due to the threat of climate protests. Since Lloyd’s sent out invitations for the …
The directors and officers insurance marketplace in 2021 enjoyed its most profitable year since 2014 but results have to be “viewed as a possible aberration rather than a the start of a trend,” according to a new report from AM …
Major League Baseball said it’s settling a complaint by minor league players about “poverty” wages, avoiding a trial with hundreds of millions of dollars at stake that could have tarnished the league’s reputation. Lawyers for both sides in the long-running …
An engineer heading planned reconstruction of an aging dam in northeastern North Dakota warned the state’s governor that upcoming rainfall could add pressure to the earthen structure already weakened by flooding. Zach Hermann, of Fargo-based Houston Engineering, told Gov. Doug …
SageSure and SureChoice Underwriters Reciprocal Exchange (SURE) announced that SURE, a coastal property reciprocal insurer whose policies are exclusively available through SageSure, has successfully closed a $150 million private placement catastrophe bond transaction. Houston, Texas-based SURE entered into a three-year …
A court said that Elon Musk’s 2018 tweets that funding was secured to take Tesla private was inaccurate and reckless, saying “there was nothing concrete” about financing from Saudi Arabia’s sovereign wealth fund at that time. The decision by U.S. …
Michigan Gov. Gretchen Whitmer announced this week that auto insurers should have issued the last of $400 per eligible vehicle insurance refunds by May 9 and that any residents who have not received their refund should contact their insurance company …
How much money should CVS, Walgreens and Walmart pharmacies pay two Ohio counties in damages to help abate the effects of the opioid crisis? That’s the question in front of a federal judge in Cleveland, who began hearing testimony on …
A company that runs a day camp for kids in Massachusetts is blaming Benjamin Moore for a fire on its property, alleging that the manufacturer’s stain products caused materials to combust. According to the complaint filed in federal court in …
BXS Insurance, Inc. (BXSI), a subsidiary of Cadence Bank acquired the assets of Wall 2 Wall Benefit Services (Wall 2 Wall) which is headquartered in Stafford, Texas, a city within the Houston metropolitan statistical area. Wall 2 Wall, founded by …