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, …
The U.S. Coast Guard prepared a second attempt to free a stranded container ship Wednesday, more than two weeks after it ran aground in the Chesapeake Bay. The effort will be similar to Tuesday’s attempt involving five tug boats straining …
Lockton appointed Michelle Faylo as its U.S. Cyber & Technology Leader. Faylo will lead Lockton’s team of skilled cyber specialists, delivering innovative and effective solutions to global businesses that face increasingly complex cyber risks. A 20-year veteran of the insurance …
Strong thunderstorms and tornadoes caused damage across parts of five Southern states Wednesday night and Thursday morning, leaving some 180,000 people without power. Local news outlets and the National Weather Service reported numerous tornadoes in Arkansas, Louisiana, Mississippi, Alabama, Tennessee …
A U.S. judge on Wednesday said Grubhub, Uber Eats and Postmates must face an antitrust lawsuit by diners who accused them of driving up menu prices by exploiting their dominance in meal deliveries during the COVID-19 pandemic. U.S. District Judge …