The city of Minneapolis agreed to pay $27 million to settle a civil lawsuit from George Floyd’s family over the Black man’s death in police custody, as jury selection continued in a former officer’s murder trial. Council members met privately …
Several suspected tornadoes touched down Saturday afternoon in the Texas Panhandle between Lubbock and Amarillo, according to the National Weather Service, but no injuries or fatalities were reported. Two possible tornadoes touched down south of Amarillo, near Palo Duro Canyon …
AXIS Insurance, the specialty insurance business segment of Bermuda-based AXIS Capital Holdings Ltd., has formed a strategic partnership with cyber security company Elpha Secure. Cyber insurance and software protection will be offered to small businesses globally to help improve their …
K2 Insurance Services has acquired a majority stake in privately held premium finance company Columbia Pacific Finance LLC in Missoula, Montana. Following the acquisition of CPF, President Reghan Brandt will continue to lead the day-to-day premium finance operation of the …
New Hampshire Insurance Commissioner Chris Nicolopoulos announced that Tyler Brannen, a 15-year veteran of the New Hampshire Insurance Department (NHID), has been promoted to the position of Life and Health director. Most recently, Brannen served as the NHID’s director of …
A New Jersey appeals court on Thursday ruled against famed pop artist Peter Max in a dispute over millions of dollars’ worth of his works that were damaged in a warehouse during Superstorm Sandy. The German-born Max, whose distinctive psychedelic …
Acadia Insurance, a Berkley company, has appointed Simone Grimes as chief financial officer. She succeeds Charlie Hamblen, who will retire later this year. Grimes has senior leadership experience in finance and insurance, previously working at PricewaterhouseCoopers (PwC), then as a …
February saw a spate of winter storms in the United States, including the period from Feb. 12-20, which will become the U.S. insurance industry’s costliest winter weather peril on record, according to insurance broker Aon plc in its monthly Global …
Fallout from last month’s deadly deep freeze in Texas has quietly spread to people living hundreds of miles away. Minnesota utilities have warned that monthly heating bills could spike by $400, after the crisis jacked up natural gas prices across …
Tesla Inc. Chief Executive Elon Musk has been sued by a shareholder who accused him of violating his 2018 settlement with the U.S. Securities and Exchange Commission over his Twitter use. According to a complaint unsealed late Thursday in Delaware …
