August 12, 2021
A judge in Alabama has dismissed a defamation claim against Roy Moore’s unsuccessful Senate campaign that was filed by a woman who accused Moore of molesting her decades ago when she was 14. The case against Moore, which arose from …
August 12, 2021
LONDON/SINGAPORE/HONG KONG – Hackers behind one of the biggest ever cryptocurrency heists have returned more than a third of $613 million in digital coins they stole, the company at the center of the hack said on Wednesday. Poly Network, a …
August 12, 2021
Aviva Plc plans to return at least 4 billion pounds ($5.6 billion) to investors using proceeds from the recent sale of non-core businesses. The UK-based insurer and asset manager will start with an immediate 750 million pound share buyback, and …
August 12, 2021
Mississippi is approaching its record number of COVID-19 hospitalizations as the virus continues spreading rapidly in a state with one of the lowest vaccination rates in the U.S. The state Health Department reported Tuesday that 1,410 patients with confirmed cases …
August 12, 2021
Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has purchased a majority stake in Turkish specialty broker Brokers’ House (BH Sigorta ve Reasürans Brokerligi A.S.). Terms of the transaction were not disclosed. Based in Istanbul, Brokers’ …
August 12, 2021
BEIJING – Devastating summer floods in the populous province of Henan in central China are a wake-up call for local authorities to seek better insurance cover against natural disasters, potentially opening up a huge market for insurers in the country. …
August 12, 2021
Avalon Risk Management Avalon Risk Management (Avalon) in Elk Grove Village, Illinois, named Michael S. Brown president and CEO. Brown succeeds Lisa M. Gelsomino who, after 23 years as a founding partner and 13 years as Avalon’s president and CEO, …
August 12, 2021
Louisiana’s top higher education board on Aug. 10 enacted the rules governing how college campuses must respond to and report sexual misconduct and harassment complaints, with training for school administrators scheduled for next week. The regulations adopted by the Board …
August 12, 2021
State Farm is collaborating with Traverse City, Michigan-based Hagerty to introduce a new insurance product for classic vehicles, State Farm Classic+, beginning in 2022. Hagerty is an automotive lifestyle brand and a provider of specialty insurance for classic, vintage and …
August 12, 2021
North Dakota Gov. Doug Burgum has requested federal help for counties dealing with recent storms that caused more than $2 million in damage to roads and other infrastructure. The storms during the second week of June produced tornadoes and up …