June 15, 2020
UK insurer Liverpool Victoria has attracted interest from rivals including Phoenix Group Holdings and private equity firm Cinven Ltd., according to people familiar with the matter. Fellow mutual insurer Royal London, Utmost Life and Pensions and European Insurance Consolidation Group …
June 15, 2020
Georgia Gov. Brian Kemp is lifting more health-related restrictions that stemmed from COVID-19, allowing spectator sports and live performance venues to reopen and conventions to resume on July 1, subject to some restrictions. The Republican Kemp signed the 40-page-order Thursday, …
June 15, 2020
The Tennessee Senate advanced legislation Thursday that would provide nursing homes, grocery stores and other businesses sweeping protections from coronavirus lawsuits. The measure is similar to the growing trend going on in states that have begun to reopen since shutting …
June 15, 2020
The Federal Reserve expects household finances and business balance sheets to suffer “persistent fragilities” as a result of the shock to economic activity arising from the coronavirus pandemic, the central bank said in a report to Congress on Friday. In …
June 15, 2020
Two key U.S. senators are circulating a bipartisan draft bill that would reform how the Federal Aviation Administration certifies new aircraft in the wake of two fatal Boeing 737 MAX crashes that killed 346 people. The measure seeks to eliminate …
June 15, 2020
A Nevada-based property management company that issued eviction notices to tenants in Tacoma during the coronavirus pandemic has agreed to pay nearly $350,000 to resolve a lawsuit filed by Washington state Attorney General Bob Ferguson. The money includes nearly $300,000 …
June 15, 2020
Mississippi has established a website where owners of small businesses can soon start applying for grants funded by a federal coronavirus pandemic relief package, Gov. Tate Reeves said. The site – backtobusinessms.org – has rules for the program created by …
June 15, 2020
Reinsurance coverage for the Florida Hurricane Catastrophe Fund was not purchased for this year’s hurricane season after overseers of the fund evaluated the market and found a lack of private capital availability. In a statement, John Kuczwanski, manager of External …
June 15, 2020
Florida has officially started hurricane season and a new survey shows a majority of residents are more concerned for this year’s potential storms than in previous years, given the simultaneous continuing issues related to the COVID-19 pandemic. According to a …
June 15, 2020
For more than a century, New Orleans has depended on canals and pumps to get rid of stormwater in a city where about half the land is below sea level. Now the bustling Mississippi River port that expanded by filling …