Munich Re has launched a new suite of hurricane response tools designed to help insurance companies assess widespread property damage after a hurricane and improve their customers’ claims experience. Developed by Munich Re’s Remote Industries team, the Hurricane Response Suite …
With San Antonio’s unemployment rate hitting historic lows, hoteliers in the city’s $15.2 billion tourism industry are struggling to find housekeepers, dishwashers and waiters. The San Antonio Express-News reports it’s never been easy recruiting for jobs that involve hard work …
Altamont Capital Partners has signed a definitive agreement to acquire Calabasas, Calif.-based Topa Insurance Group from its long-time owner, Topa Equities Ltd. Terms of the deal weren’t disclosed. The transaction is subject to customary closing conditions, including receipt of required …
Tesla Inc. received a cease-and-desist letter last year from the U.S. National Highway Traffic Safety Administration (NHTSA) for making misleading statements over safety ratings of its Model 3 cars, according to documents seen by Reuters. The documents also showed that …
A $5 million lawsuit has been filed against a Los Angeles County company that sells a product it contends helps protect homes from wildfires. The Santa Barbara County district attorney and the Los Angeles city attorney sued Sunseeker Enterprises Monday …
Two women said in a federal class action lawsuit they were sexually assaulted by a former gynecologist who worked for the University of California, Los Angeles. The lawsuit states Dr. James Heaps sexually assaulted the women and made sexually inappropriate …
AmWINS Group Inc. has signed a definitive agreement to acquire LISI Inc. and CoPower, Inc. Terms of the deal were not disclosed. The transaction is expected to close later this month, pending regulatory approval and customary closing conditions. LISI Inc. …
New York Times Co. must face a defamation lawsuit by former Alaska governor Sarah Palin over an editorial that linked her to the shooting of Arizona lawmaker Gabrielle Giffords, a federal appeals court said. The ruling is a win for …
“I got my license and I keep up on my CE, so I’m good to go.” “I finished college, so I don’t need to read anymore books.” “You have enough insurance designations. You don’t need any more.” Wrong. Wrong. Oh, …
Los Angeles, Calif.-based national wholesale insurance broker Worldwide Facilities has signed an agreement with Genstar Capital, a San Francisco-based private equity firm, for an investment in Worldwide Facilities. The financial terms of the transaction were not disclosed. Private equity firm …
