2 months 3 weeks ago
A federal judge ordered Bank of America to pay $540.3 million in a long-running Federal Deposit Insurance Corporation lawsuit accusing the second-largest U.S. bank of underpaying what it owed for deposit insurance. In a decision made public on Monday, U.S. …
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2 months 3 weeks ago
A lawsuit filed in Texas this month accuses online vehicle auction provider Copart of gender discrimination, retaliation and sexual harassment. Christine Arnold, a former global vice president of human resources for Copart, says she was fired in retaliation for raising …
2 months 3 weeks ago
Texas reported 20 new confirmed measles cases on Tuesday, a 4% increase from Friday’s data as the virus’ spread appears to be slowing in the hardest-hit US state. The state now has 561 total cases, with 58 people hospitalized since …
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2 months 3 weeks ago
MarshBerry announced that FirstChoice, a MarshBerry Company (FirstChoice), has expanded into Minnesota and Arizona. This strategic move provides independent insurance agency owners in these states with the opportunity to join FirstChoice’s thriving network and access to unparalleled resources and support. …
2 months 3 weeks ago
Hadron, an Arkansas-based carrier, announced its intent to acquire The Guarantee Company of North America USA (GCNA), a Michigan-domiciled insurance company, from Atlantic Specialty Insurance Company, a subsidiary of Intact Financial Corporation (TSX: IFC). This acquisition marks a major milestone …
2 months 3 weeks ago
New analysis indicates there were 1796 confirmed tornadoes in 2024, the second highest on record, according to NOAA’s Storm Prediction Center. The busy tornado season was driven by an active April and May in the Plains (notably quiet for much …
2 months 3 weeks ago
Authorities in several countries in Central Europe are working to contain an outbreak of foot-and-mouth disease among cattle populations that has caused widespread border closures and required the killing of thousands of animals. The outbreak was first detected on a …
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2 months 3 weeks ago
American Integrity Insurance, one of the largest property insurance carriers in Florida with more than 350,000 policies in force, is going to Wall Street with an initial public offering. The Tampa-based parent company, American Integrity Insurance Group, founded in 2006, …
William Rabb
2 months 3 weeks ago
A legal advocacy group on Monday asked the U.S. Court of International Trade to block President Donald Trump’s sweeping tariffs on foreign trading partners, arguing the president overstepped his authority. The lawsuit was filed by the nonpartisan Liberty Justice Center …
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2 months 3 weeks ago
An annual report from law firm BakerHostetler said companies “are starting to win the battle against ransomware.” In its 11th year, the report from the firm’s Digital Assets and Data Management (DADM) Practice Group, who handled over 1,250 cyber incidents …
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2 months 3 weeks ago
Europe experienced the hottest year on record in 2024, as climate change combined with a strong El Niño to generate a series of extreme weather events and force glaciers into retreat. Half the continent reported new heat records in 2024 …
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2 months 3 weeks ago
After what it says was an investigation that took months, the Delaware Department of Insurance has levied a $300,000 penalty on three Liberty Mutual companies for advertising discounts that they do not offer in the state. The department said the …
2 months 3 weeks ago
China accused a US spy agency of hacking the Asian Winter Games held this year in Harbin, and took the unusual step of identifying individuals it thinks are responsible. The US National Security Agency’s Office of Tailored Access Operations carried …
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2 months 3 weeks ago
A Vermont firm has recalled more than 1,700 pounds of butter because it may be contaminated with coliform, a type of bacteria found in fecal matter. Agri-Mark Inc., of Waitsfield, Vermont, recalled 189 cases of Cabot Creamery 8-ounce premium butter …
2 months 3 weeks ago
A German court will weigh a request to release a seized oil tanker that is believed to be part of a so-called shadow fleet used by Russia to circumvent oil sanctions, Germany’s finance ministry said on Monday. The Panama-flagged vessel, …
2 months 3 weeks ago
FRANKFORT, Ky. (AP) — Signs of renewal are underway at the Buffalo Trace Distillery in Kentucky since floodwaters that inundated the whiskey-making campus receded. But executives say the painstaking task of inspecting any bourbon barrels touched by the high water …
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2 months 3 weeks ago
British car insurance startup Marshmallow has almost doubled its valuation to more than $2 billion after a funding round that was backed by new investors BlackRock, Columbia Lake Partners and Portage. The firm, which offers insurance to under-served customers such …
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2 months 3 weeks ago
The administration of President Donald Trump aims to eliminate the arm of the National Oceanic and Atmospheric Administration that oversees research on climate change, and refocus the U.S. fisheries service to support energy development, according to a draft White House …
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2 months 3 weeks ago
Australia’s competition regulator said on Monday Clorox’s local unit had been fined A$8.25 million ($5.19 million) by the Federal Court over falsely claiming its GLAD kitchen and garbage bags were partially made from recycled ocean plastic. The Australia Competition and …
2 months 3 weeks ago
Security First Insurance, one of the larger carriers in Florida, with 136,500 policies in force, has elevated two people to key positions. Scot Moore was named chief financial officer, the insurer said in an announcement Monday. Moore has 20 years’ …