Telecoms and financial services companies face an investigation by Britain’s competition regulator after consumer body Citizens Advice complained that customers who do not switch providers were being “ripped off” . Such customers were being overcharged 4.1 billion pounds ($5.2 billion) …
Australia’s big banks and wealth managers pursued profit ahead of their customers’ interests and saw regulatory compliance as a cost rather than a guide to proper conduct, a scathing interim report from a commission of inquiry said on Friday. The …
AXA XL Canada has added Jonathan Ashall to its Broker & Client Management team. Ashall is based in Toronto and reports to Urs Uhlmann, CEO and country manager AXA XL Canada. Ashall joins AXA XL from Aon Reed Stenhouse where …
Most British firms are unprepared for Brexit, but a fifth plan to move all or some of their business to the European Union in the event the U.K. fails to reach a deal with the bloc, according to one of …
Springfield Public Schools in Missouri has agreed to pay $423,106 to a settle a lawsuit alleging that a teen was critically injured in a mud pit because staff failed to properly supervise students at a back-to-school event. The Springfield News-Leader …
Texas is one of three states in which a new property/casualty insurance company plans its initial roll out. In addition to Texas, Florida-based Journey Insurance Co., formed by United Insurance Holdings Corp. (UPC Insurance) in partnership with Tokio Marine Kiln, …
Harris County has earmarked $14.5 million for updated flood plain maps more than a year after deluges from Hurricane Harvey swamped parts of Houston. The Houston Chronicle reports commissioners accepted $6.5 million in Federal Emergency Management Agency funds. The county …
Westfield Center, Ohio-based property/casualty insurer, Westfield, has named Robyn Hahn as president of its Small Business unit. Hahn more than 25 years of diverse experience in the insurance industry and has held senior leadership roles at national and international insurance …
Only a tiny fraction of small businesses in Puerto Rico was fully insured for losses arising from last year’s Hurricane Maria, which hit revenue or raised costs for more than three-quarters of them, according to a Federal Reserve report on …
The Wild West days of unregulated recreational drones may be nearing an end. A bill close to passage in Congress would repeal the current exemption for hobbyists from regulations and for the first time require them to take a test …
