March 2, 2021
A man and two companies in Alaska have been sentenced to three years probation and a $35,000 fine for violating the Clean Air Act involving asbestos work at a shopping center more than five years ago, a judge said. The …
March 2, 2021
India’s central bank wants banks to limit ownership stakes in capital intensive insurance companies at a maximum 20%, less than half of what the current regulations permit, three sources with knowledge of the discussions told Reuters. Reserve Bank of India …
March 2, 2021
TypTap, a five-year old Florida-based writer of private market homeowners and flood insurance, has attracted $100 million in financing from investment firm Centerbridge Partners. The company plans to use the money to expand nationally. TypTap said it has obtained regulatory …
March 2, 2021
Two Massachusetts men were charged in federal court in Springfield in connection with falsifying driving logs, instructing others to do so and making a false statement to investigators. The charges are the result of a review of Westfield Transport Inc. …
March 2, 2021
A bookkeeper has been sentenced to nearly six years in prison for embezzling more than $1.5 million from two employers, federal prosecutors said. Jessica Greenan, 42, of Barnstable, embezzled more than $1.1 million from a Cape Cod store from October …
March 2, 2021
Two brothers admitted in court Thursday to setting fire to their hookah lounge as they struggled with business losses, causing more than $20 million in damages to a retail block in Philadelphia’s historic area. Federal prosecutors say 32-year-old Imad Dawara, …
March 2, 2021
Google is teaming up with two global insurers to cover cyber breaches and related risks for businesses that use its cloud services, the first time a major provider has opened up such insurance to its clients, the companies said on …
March 2, 2021
Global property and casualty reinsurers saw “good” rate increases during the January 2021 renewals but they came up short of a hard market, dashing reinsurers’ hope of a strong start for 2021, according to a report from S&P Global Ratings. …
March 2, 2021
LONDON β The shift in financial staff and assets from the City of London to the European Union because of Brexit has eased after Britain completed its full departure from the bloc, a tracker from consultants EY showed on Tuesday. …
March 2, 2021
U.S. Supreme Court justices on Monday signaled they may rein in the power of in-house judges serving on a U.S. Patent and Trademark Office tribunal who have the ability to cancel patents in a case involving a dispute between surgical …