A Massachusetts judge on Wednesday dealt state securities regulators a major setback in their enforcement action against online brokerage Robinhood by declaring the state’s new fiduciary duty rule that underlies parts of the case invalid. Suffolk County Superior Court Judge …
Ford Motor Co. is recalling 737,000 vehicles in the United States over a part that could develop an oil leak and a software error that could hinder braking, it said on Friday. The automaker is recalling 345,451 of its 2020-2022 …
Are you a young insurance agent, 40 years old or younger? Do you know a young insurance agent? Insurance Journal is searching for young insurance agents to participate in this year’s Young Insurance Agents Opinion Survey. Tell us what you …
This edition of International People Moves details appointments at AXIS Specialty Europe and SCOR Syndicate. A summary of these new hires follows here. AXIS Specialty Europe Names Mullarkey as CEO AXIS Capital Holdings Ltd. announced the appointment of Fintan Mullarkey …
Greg Hingston, who took over as global chief executive of HSBC Holdings Plc’s insurance unit in January, has had a busy quarter, closing the group’s first acquisition in a decade, building out the China business and eyeing new deals to …
The Supreme Court on Tuesday cast doubt on Texas’ claim that it can’t be sued by a former state trooper who says he was forced out of his job when he returned from Army service in Iraq. The justices heard …
The Executive Committee of the National Association of Insurance Commissioners (NAIC) has appointed Beth Dwyer, superintendent of Banking and Insurance for Rhode Island, to serve as NAIC’s representative on the Financial Stability Oversight Council (FSOC). Dwyer will succeed recently retired …
A Black Kansas City teenager will receive a $325,000 settlement after three white police officers hit him more than 10 times and used a stun gun on him, according to an excessive force lawsuit. It is the third settlement this …
A judge in Washington has signed an order formally staying the Washington Insurance Commissioner Mike Kreidler’s ban on using credit ratings to help set insurance premiums on vehicle, rental and homeowners insurance. The order consolidated two cases into Judge Indu …
Connecticut officials said they were monitoring a cyberattack Tuesday that attempted to crash the website of Bradley International Airport but had no impact on operations. The Connecticut Airport Authority, which oversees Connecticut’s largest airport in Windsor Locks north of Hartford, …