The U.S. Supreme Court on Tuesday grappled with a dispute that one justice called a “close call” over a lawsuit filed by the city of Baltimore against energy companies seeking monetary damages due to the impact of global climate change. …
The U.S. auto safety regulator said on Tuesday it would require Ford Motor Co. to recall 3 million vehicles with potentially defective Takata air bags, rejecting a bid by the second-largest U.S. automaker to avoid calling them back. The National …
Brown & Riding has named Harold Nam chief financial officer. Nam joined Brown & Riding in 2008 as a staff accountant. Since joining the firm, he has ascended to positions of increased responsibility. Brown & Riding is a wholesale insurance …
Cincinnati, Ohio-based Great American Insurance Group has promoted Kenneth (Ken) R. Bearley to divisional president within its Property/Casualty Group’s Bond Division. Bearley joined Great American in 1994 as an underwriter in the Bond Division’s Pittsburgh office. He became a bond …
The Tennessee Department of Commerce & Insurance (TDCI) has located and returned more than $22.8 million to Tennesseans in combinedlife insurance benefits/annuities and monies through its mediation efforts in 2020. TDCI’s figures show: $10,164,747 was returned to Tennessee consumers last …
Atlanta-based INSUREtrust has announced multiple additions and promotions to its Atlanta team. The company, which was just acquired by Constellation Affiliated Partners, has added Beck Heigl as an account manager. Before INSUREtrust, Heigl was an estimator for a property restoration …
The Kentucky Supreme Court ruled last month that an online poker company must pay more than $1 billion to the state for illegal gambling losses in a court battle that began a decade ago. The ruling from the state’s high …
HSBC Holdings Plc and Malayan Banking Bhd.’s insurance venture are among shortlisted bidders for AXA SA’s business in Singapore, which could raise about $700 million in a sale, according to people familiar with the matter. The British bank and Etiqa, …
Advancements in artificial intelligence are in many ways a double-edged sword for the cyber insurance industry. Increasingly diverse and sophisticated cyber attacks have dramatically increased the demand for cyber coverage, offering a lucrative opportunity for insurers to capitalize upon. However, …
Newfront Insurance in San Francisco, Calif., has brought Nichole Parker on as a principal and employee benefits producer. Parker joins Newfront from TSM Insurance and Financial Services Inc., where she was heading the individual and medicare services divisions. Newfront is …