November 28, 2018
A 70-year-old driver trying to parallel park on a New York City street Monday lost control of his minivan and struck several pedestrians standing next to a fruit stand, killing one person and injuring six others, police said. “The car …
November 28, 2018
AXA announced it has entered into an agreement with the current domestic shareholders of AXA Tianping Property & Casualty Insurance Co. Ltd. to acquire the remaining 50 percent stake of the company. Total consideration for the acquisition of the 50 …
November 28, 2018
Mergers and acquisitions targeting Hong Kong financial firms have slumped this year, with insurance sector deals particularly hard hit, as China’s moves to tighten capital controls and crack down on corporate debt have driven mainland buyers away. Hong Kong’s financial …
November 28, 2018
It’s that time of year at the Academy. I’m pouring over spreadsheets and schedules. I’m emailing instructors and planning classes. Yeah. I’m trying to look ahead and work ahead, all while looking at today’s numbers and wondering how we’re going …
November 28, 2018
The U.K. will suffer a major economic hit if Parliament rejects Theresa May’s Brexit deal and the country crashes out of the European Union with no new trade arrangements in place, according to official analysis. A government report on Wednesday …
November 28, 2018
AXA, Europe’s second-biggest insurer, expects its profitability to improve in the next two years thanks to U.S. business brought in by its new XL arm, and said it would now focus on expanding in Asia. The French insurer said profits …
November 28, 2018
Ironshore Environmental has enhanced its Contractors Environmental Legal Liability (CELL) program to include coverage for damages resulting from pollution incidents caused by the contractor’s work. CELL is offered on an occurrence basis and can be underwritten as a practice, project …
November 28, 2018
A Kentucky woman who says a Texas Roadhouse employee told her to cover up while she was breastfeeding is suing the restaurant chain for emotional distress. Sadie Durbin is quoted by news outlets as saying the employee rushed over with …
November 28, 2018
International Business Machines Corp. Chief Executive Officer Ginni Rometty joined a growing chorus of tech executives lambasting web platforms, like Google and Facebook Inc., over their collection of user data and urged governments to target regulation at those companies. Without …
November 28, 2018
Floodwaters rose about 15 inches (40 centimeters) into Danielle Rees’ home in September when Hurricane Florence drenched this tidewater city on the Pamlico River and overwhelmed a local creek and marshland. The first floor was a sopping mess of gritty, …