California Insurance Commissioner Dave Jones has approved the first surety bond program for the cannabis industry in the California. Continental Heritage Insurance Co. is the first insurer in the state to be approved to offer surety bonds for the cannabis …
The U.S. Securities and Exchange Commission updated guidance to public companies on how and when they should disclose cyber security risks and breaches, including potential weaknesses that have not yet been targeted by hackers. The guidance also said company executives …
The U.S. Supreme Court in late February declined to hear Mercury Insurance Co.’s appeal to overturn a February 2017 California Court of Appeal ruling that held Insurance Commissioner Dave Jones’ 2013 order requiring the insurer to reduce its homeowner insurance …
The family of Bill Paxton has filed a wrongful death lawsuit against a Los Angeles hospital and the surgeon who performed the actor’s heart surgery shortly before he died. The suit filed against Cedars-Sinai Medical Center alleges the surgeon, used …
Integro Insurance Brokers has named Jacquelyn Neal as a principal in the marine practice. Neal is based in the San Francisco, Calif., office. She will manage a book of existing marine clients and develop new cargo and marine liability business. …
Jolted by the global investment craze over bitcoin and other cryptocurrencies, U.S. lawmakers are moving to consider new rules that could impose stricter federal oversight on the emerging asset class, several top lawmakers said. Bipartisan momentum is growing in the …
Equifax Inc. said it expects costs related to its massive 2017 data breach to surge by $275 million this year, suggesting the incident at the credit reporting bureau could turn out to be the most costly hack in corporate history. …
AXA SA agreed to buy XL Group Ltd. for $15.3 billion in cash, seeking to capture a bigger slice of the U.S. property and casualty market as premiums rise after last year’s natural disasters. The French insurer is paying $57.60 …
A Colorado firefighter has filed a lawsuit accusing her employer of gender discrimination and sexual harassment. The Grand Junction Daily Sentinel reported Jennifer Taylor, who works for Colorado River Fire Rescue, which serves the New Castle through Rifle area, says …
State Auto Insurance is continuing its exit from the specialty insurance business, selling off more of the business of its excess and surplus lines subsidiary, Rockhill Insurance Group. The buyer this time is specialty insurance holding company K2 Insurance Services, …
