Nearly seven years after a fire ripped through Ron Perelman’s Hamptons home, he is asking a New York state judge to force insurers to pay him more than $400 million for five paintings he says were damaged in the blaze. …
InterWest Insurance Services has acquired Armstrong & Associates Insurance Services in California. Martin Armstrong will remain in a leadership role, with all employees coming over to InterWest. Founded in 2004, Armstrong specializes in agribusiness and serves clients throughout California and …
After spending about $380 billion over the past decade to nearly double wind power capacity in Europe, utilities are now turning to an obscure and little-known market to protect themselves against a prolonged bout of calm weather. The wind drought …
Boeing Co. has reached a tentative agreement with the US Justice Department that would allow the planemaker to avoid criminal charges for two fatal crashes of its 737 Max jets more than six years ago. The settlement was disclosed in …
Texas regulators are warning that wastewater from fracking in the biggest US oil basin is causing a “widespread” increase in underground pressure — a development that risks hindering crude output and harming the environment. Shale oil wells in the Permian …
Former major league outfielder/first baseman Darin Ruf is suing the Cincinnati Reds for damages after he suffered a career-ending injury while crashing into an uncovered tarp roller at Great American Ballpark two years ago. The lawsuit filed Thursday in the …
BMS Group, the London-based independent re/insurance broker, has acquired Istanbul, Turkey-based Oria Sigorta ve Reasürans Brokerliği A.Ş. Financial details were not provided. Founded in 2019, Oria is an independent insurance and reinsurance broking firm that has built a strong reputation …
COVU, Inc., an AI-native customer servicing platform for the insurance industry announced the acquisition of Uno Insurance Services, a fast-growing Texas-based agency with a stronghold in Houston’s Spanish-speaking communities and a track record of revenue growth through targeted acquisitions. This …
Global insurer American International Group (AIG) has reached an out of court settlement of its legal dispute with the excess and surplus insurance firm Dellwood that was started by former AIG executives. In a filing in federal district court in …
The company that operated a Georgia chlorine plant with a history of explosions, chemical fires and toxic clouds that have drifted over neighborhoods outside Atlanta has decided not to rebuild the main manufacturing facility in Conyers. In a statement, BioLab …