In Johnson v. State Farm Mutual Auto Insurance Company, Johnson appealed a Missouri trial court’s grant of summary judgment in favor of State Farm, which upheld an owned-vehicle uninsured motorist (UM) exclusion clause in two auto policies covering vehicles not …
Italy’s largest insurer Assicurazioni Generali SpA said it will become a major shareholder in Cattolica Assicurazioni SC and a strategic partner with Cattolica in several areas of mutual opportunity. Generali said it has committed to becoming a major shareholder, acquiring …
Obsidian Insurance Holdings Inc., a fronting insurance holding company, has appointed Stacy Armstrong as chief client officer. Armstrong is a senior executive with more than 25 years of insurance and reinsurance industry experience. Her new role will include responsibility for …
When a U.K.-based technology vendor started doing business in China, it hired a cybersecurity firm to proactively hunt for any digital threats that could arise as part of doing business in the country. The firm discovered a problem, one with …
Maryland Attorney General Brian E. Frosh has announced that his Consumer Protection Division issued a final order finding that Clark P. Turner and Clark Turner Homes LLC of Harford County violated Maryland’s Consumer Protection Act, New Home Deposits Act and …
The attorney general for the District of Columbia on Thursday filed a lawsuit against Exxon Mobil Corp, BP Plc, Chevron Corp, and Royal Dutch Shell Plc for “systematically and intentionally misleading” consumers about the role their products play in causing …
We now live in a world where climate gentrification exists: People and institutions are starting to assess and appraise properties based on their susceptibility to climate impacts. The idea was largely hypothetical as recently as 2016, but over the past …
Canadian laboratory testing company LifeLabs failed to adequately protect sensitive health information of millions of people, resulting in one of the biggest data breaches in the country last year, privacy commissioners for the provinces of British Columbia and Ontario said …
The European Union is investigating Germany’s financial regulator over the collapse of payments company Wirecard in a rare move that heaps embarrassment on Berlin days before it is due to take over the EU’s rotating presidency. Wirecard’s implosion on Thursday, …
President Donald Trump’s administration has asked the U.S. Supreme Court to invalidate the Obamacare law introduced by his predecessor that added millions to the healthcare safety net but has been a major political controversy. Government advocate Noel Francisco argued in …
