1 month 3 weeks ago
German Insurtech wefox has agreed to sell its Italian businesses, wefox MGA S.r.l. and wefox Services Italy S.r.l., to U.S. private equity firm J.C. Flowers & Co. Financial details of the deal were not disclosed. Founded in 2015, wefox has …
L.S. Howard
1 month 3 weeks ago
Missouri’s attorney general sued a natural gas company Monday over the explosion of a home in a small town that killed a 5-year-old boy, accusing the utility of violating a state safety law. Attorney General Andrew Bailey’s lawsuit came less …
1 month 3 weeks ago
Texas Attorney General Ken Paxton last week announced a judgment of more than $60 million against David Polston and his companies, Inland Environmental and Remediation, Inland Recycling, and Boundary Ventures, for allegedly dumping pollutants in Texas waterways and lands. In …
1 month 3 weeks ago
A Michigan county has settled a lawsuit over an elected official who flashed a rifle during a COVID-19-era public meeting on Zoom. Patricia MacIntosh accused Ron Clous of trying to silence her right to free speech when he displayed the …
1 month 3 weeks ago
A bill aimed at limiting the spread of toxic chemicals on Texas farmland has hit a political wall — missing a key deadline that decreases its likelihood of passage this session. House Bill 1674, introduced by Rep. Helen Kerwin, R-Cleburne, …
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1 month 3 weeks ago
New Jersey officials announced a landmark settlement of up to $450 million with 3M Company to resolve the state’s lawsuits and address damage to the state’s water and other natural resources from dangerous chemicals. New Jersey Attorney General Matthew J. …
1 month 3 weeks ago
FORSYTH, Ga. (AP) — Georgia’s governor signed a law Thursday to exempt federal crop insurance and disaster payments following Hurricane Helene damage from Georgia state income taxes, but it could be months more before some federal money starts flowing to …
1 month 3 weeks ago
Nucor Corp., the biggest steel manufacturer in North America, shut down production at some of its facilities after detecting an unauthorized intrusion into its computer systems. The company took potentially affected systems offline and implemented other containment measures, Nucor said …
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1 month 3 weeks ago
The U.S. Consumer Financial Protection Bureau has canceled a 2023 settlement with the financing arm of Toyota over allegations the auto giant illegally steered thousands of consumers into costly and unwanted product bundles, according to documents published by the agency. …
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1 month 3 weeks ago
Miami Hurricanes linebacker Adarius Hayes was one of the drivers in a two-vehicle crash that left three people dead and at least two others injured, police said. The three who died as a result of the crash were all in …
1 month 3 weeks ago
The U.S. Department of Agriculture restored on May 13 some climate change-related webpages that the agency had deleted since President Donald Trump’s inauguration, after being sued by farm and environmental groups, one of the groups said. The Trump administration has …
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1 month 3 weeks ago
In a victory for global agrochemical maker Bayer, Georgia has become the second state to shield pesticide manufacturers from some lawsuits claiming that they failed to warn customers of potential dangers. The legislation signed Friday by Georgia Gov. Brian Kemp …
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1 month 3 weeks ago
Medical malpractice insurer EmPRO Insurance Co. has opened its first office in Massachusetts. The new Boston office marks EmPRO’s further expansion into the New England market, following prior entries into New Jersey, Pennsylvania and Connecticut. To support its expansion, the …
1 month 3 weeks ago
Aviva Plc faces a review by the UK’s merger watchdog into its plan to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($4.9 billion) in a deal that would create the UK’s largest motor insurer. The Competition and …
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1 month 3 weeks ago
Markel Insurance, the insurance operations within Markel Group Inc., launched a specialist cyber product to provide up to US$5 million of cover per risk for indirect losses arising from an act of war. Cyber risks are a significant concern for …
1 month 3 weeks ago
By implementing AI-driven technologies across the claims life cycle and integrating real-time analysis, P/C insurers could reduce fraudulent claims and save between $80 billion and $160 billion by 2032.
Allen Laman
1 month 3 weeks ago
CHL, the ultimate parent company of Conduit Re, a multi-line Bermuda-based reinsurer, announced the appointment of Neil Eckert as chief executive officer. Eckert has been acting as Conduit’s interim CEO since late March 2025, following the retirement of Trevor Carvey. …
1 month 3 weeks ago
The UK markets watchdog is planning to pare its rules on how insurers can sell policies to large companies, the latest signal regulators are pivoting to a more pragmatic stance that leans heavily into the government’s growth agenda. The changes …
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1 month 3 weeks ago
Bennett Himes joined Zurich North America, headquartered in Schaumburg, Illinois, as the new head of underwriting for U.S. middle market. Himes oversees the overall portfolio strategy and maintaining the underwriting integrity of Zurich’s U.S. Middle Market business. He succeeds John …
1 month 3 weeks ago
Tiger Brands, South Africa’s biggest food producer, on Monday [May 12] offered to compensate listeriosis victims, marking a major step toward resolving class action after a 2017 outbreak that killed about 200 people and sickened more than 1,000. The offer …
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