An Oklahoma court has approved Sentry Insurance Co.’s (Sentry) Insurance Business Transfer (IBT) Plan, insurance regulators say. This is the second IBT completed in the United States, according to the Oklahoma Insurance Department. The first was approved and authorized in …
EL DORADO HILLS, Calif., August 17, 2021 – Inc. magazine today revealed that Patra, a leading technology-enabled services provider for the insurance industry, has made Inc. 5000 list of the nation’s fastest-growing private companies for the fifth consecutive year. The …
Officials face a tall order to get all Missouri nursing home workers vaccinated because fewer than half of them have received the shots. By that metric, Missouri’s 48% ranks third-lowest in the nation, trailed only by Florida and Louisiana, both …
A storm survey team from the National Weather Service in Sioux Falls, South Dakota, has confirmed it was a tornado that caused damage in and around Lennox during the weekend. The weather service tweeted the brief tornado struck about 4:40 …
The U.S. Department of the Treasury has announced that the Federal Insurance Office (FIO) is requesting information and soliciting public comment on the insurance sector and climate-related financial risks. FIO said the responses to the request for information will help …
Widespread flooding from Hurricane Ida and power outages slowed efforts on Tuesday by energy firms to assess damages at oil production facilities, ports and refineries. Nearly all of Louisiana lost electrical power on Monday after one of the most powerful …
HAMILTON, BERMUDA — Ascot announced the launch of Ascot Reinsurance, a global platform dedicated to reinsurance underwriting and ceded risk and providing a single point of entry for all Ascot’s reinsurance products and capabilities, regardless of geography. Ascot Re will …
Ping An Insurance (Group) Co. denied that it has been ordered by regulators to halt sales of property-related alternative investments in response to a Reuters report that sent shares tumbling. The group and its asset management arm don’t sell any …
A U.S. appeals court said the trustee liquidating Bernard Madoff’s firm can pursue a $343.1 million clawback lawsuit against Citigroup Inc., a decision that could help the late swindler’s customers recover close to the estimated $17.5 billion they lost in …
Toyota Motor said on Monday it would resume operations of its self-driving e-Palette pods at the Tokyo Paralympic Games village with greater operator control and more safety staff to ensure they did not hit any more people. The e-Palettes were …
