North Dakota Insurance Commissioner Jon Godfread says the proposed state-based reinsurance program developed by the North Dakota Insurance Department for the individual health insurance market has been approved by the federal government. The reinsurance program will be in place for …
A gas line explosion shortly after midnight on Thursday in a residential community in rural Kentucky sent up a ball of flame that could be seen for miles, killing one person and setting several houses on fire, a local sheriff …
Confie has completed the acquisition of Wescom Insurance Services LLC’s non-credit union member insurance services. Confie acquired all of the non-credit union member insurance customers, while Wescom will retain all of the credit union member business. The 11 employees that …
PG&E Corp. said in court papers on Wednesday that it “strongly disagrees” with a suggestion in a Wall Street Journal article that the company knowingly deferred maintenance on equipment that caused California’s Camp Fire, the deadliest and most destructive wildfire …
Exxon Mobil Corp.’s suburban Houston refining and chemicals complex erupted in flames on Wednesday, prompting municipal leaders to order residents to seek shelter indoors, shut their windows and turn off air conditioners. Orange flames and thick, black smoke began pouring …
David Hartoch, an executive long active in the wholesale insurance business, passed away on July 29. Hartoch served as president and CEO of Sherwood Insurance Services from 1991 to 1997 and then served as chairman and CEO of wholesale brokerage …
Facebook Inc. on Wednesday defeated an appeal by American victims of Hamas attacks in Israel, who sought to hold the company liable for providing the group a social media platform to further its terroristic goals. The 2nd U.S. Circuit Court …
Oklahoma’s attorney general on Wednesday made his final bid to force Johnson & Johnson to pay $17 billion for its part in fueling the opioid epidemic, saying the drugmaker’s “egregious” marketing caused an oversupply of addictive drugs and overdose deaths. …
Lloyd’s welcomed 11 new teams of insurtech disruptors to join the re/insurance market’s innovation accelerator. More than 130 applications were received from across the world for the third cohort of the Lloyd’s Lab. The 11 teams were selected as part …
Bayer AG has scrapped plans for wide sales next year of a chemical that is intended to protect U.S. crops from yield-robbing worms, citing ongoing safety concerns. The decision is the latest setback for Germany-based Bayer following its acquisition of …
