Irvine, Calif.-based Burnham Benefits Insurance Services Inc., Burnham Gibson Wealth Advisors, Inc., and Burnham Risk and Insurance Solutions LLC has been acquired by Baldwyn Krystyn Sherman Partners LLC. Burnham will a middle-market indirect subsidiary of BRP Group Inc. (NASDAQ: BRP). …
Oklahoma has asked the state Supreme Court to order Johnson & Johnson to pay more than $9.3 billion to cover the entire anticipated cost of combatting the state’s opioid crisis, arguing in its appeal that a lower court’s award wasn’t …
A St. Louis, Mo.-based construction company that revoked an applicant’s job offer after learning she was pregnant will settle a federal discrimination lawsuit for $38,000. The U.S. Equal Employment Opportunity Commission (EEOC) says The Harlan Company also will furnish other …
Digital small business insurer Next Insurance has closed its first acquisition, buying Juniper Labs, a Denver-based provider of data and underwriting technology. With the acquisition, Next said it will focus on innovation in workers’ compensation and general liability product offerings …
U.S. commercial lines insurers will continue to be tarnished by an A.M. Best negative outlook, thanks to COVID-19 economic uncertainty, social inflation and other challenges. A.M. Best first revised its outlook for the segment to negative from stable in April, …
WASHINGTON/CHICAGO — General Electric Co has agreed to pay a $200 million penalty to settle charges for misleading investors over how it was generating earnings in its power and insurance businesses, the U.S. Securities and Exchange Commission said on Wednesday. …
For first party property claims, lengthy and costly litigation is not always the only mechanism for resolving a dispute. Most homeowner’s policies include detailed terms and conditions for parties to undergo appraisal when there is a dispute over the amount …
Credit Suisse Group AG is winding down two reinsurance vehicles with assets of about $2 billion after key investors moved their funds out. Humboldt Re and Kelvin Re, which use money from institutional clients to reinsure natural catastrophes and other …
In late January 2015, just after the deadliest outbreak of Ebola in history, then-World Bank President Jim Yong Kim stood in front of a group of Georgetown University students and professors to introduce a new approach to fighting pandemics. Fresh …
Fidelity International is calling for urgent action to address the humanitarian crisis and supply-chain risks caused by the more than 400,000 seafarers who are stranded aboard vessels and a similar number who remain ashore with little prospect for work or …