MADRID – Spanish bank Bankinter said on Tuesday it cleared all regulatory hurdles to spin off its insurance unit Linea Directa and list its shares on the market in late April. Bankinter, which has secured the European Central Bank’s approval …
McKinsey & Co. will pay $45 million to settle an investigation by Nevada of the big consulting firm’s role in fueling the U.S. opioid epidemic. Nevada had been the lone holdout among U.S. states investigating McKinsey’s conduct, and Monday’s settlement …
Salvage crews cutting a wrecked cargo ship into giant chunks along the Georgia coast last week lifted away the third big section to be severed from the vessel since demolition began four months ago. The South Korean freighter Golden Ray …
A party-ending curfew imposed after fights, gunfire, property destruction and dangerous stampedes broke out among huge crowds of people in Miami Beach could extend through the end of spring break. Miami Beach commissioners voted unanimously Sunday to empower the city …
Nearly $22 million in additional funding is now available from FEMA to assist in recovery from Hurricane Laura in Louisiana. FEMA said that damage from Laura was so severe that it crossed the threshold of FEMA’s normal public assistance cost-share …
Texas A&M Forest Service and the National Weather Service have identified an extremely dangerous fire weather phenomena known as a Southern Plains Wildfire Outbreak, or SPWO, and are watching for it to occur in portions of Texas this spring. The …
Farmers Insurance has launched a range of insurance products in Louisiana that consumers can customize. The company said Louisiana customers can now access quotes and purchase auto, home, condo, and renters products in a direct-to-consumer model, combining a personalized approach …
New Solutions Turn Climate Change Science into Business Risk Insights and Strategy Newark, CA – March 22, 2021 – RMS, the world’s leading catastrophe risk solutions company, today announced the forthcoming launch of a new suite of Climate Change Models …
Most of the insurers that provided Steinhoff International Holdings NV with director-liability policies have agreed to pay as much as 78.1 million euros ($93 million) toward legal settlements resulting from a 2017 accounting crisis. The bulk of the money will …
A Northern California city has agreed to pay $3.25 million to settle a lawsuit by the daughters of an unarmed Black man killed by police in 2016, the family’s attorneys said. The federal wrongful death lawsuit they filed says Stockton …
