Ryan Specialty, the Chicago-based international specialty insurance firm, announced it has signed a definitive agreement to acquire the property and casualty (P/C) MGUs owned by Ethos Specialty Insurance LLC from Ascot Group Ltd. Financial details of the transaction were not …
Hewlett Packard said Monday it would continue legal proceedings to seek up to $4 billion in damages from British billionaire Mike Lynch’s estate in the UK. The U.S. company had been seeking compensation over its acquisition of British tech firm …
TALLAHASSEE, Fla. (AP) — A Republican state representative in central Florida, a lead sponsor of an anti-squatting property rights bill signed into law this year, has been indicted on felony forgery charges related to her administration of a private Christian …
Oil service company Halliburton on Tuesday said a cyberattack last month has caused “disruptions and limitations” to business applications that support operations. “The company believes the unauthorized third party accessed and exfiltrated information from the company’s systems,” Halliburton said in …
The Connecticut town of Plymouth has been hacked for more than $200,000 and the town’s finance director has resigned as a result of the cybersecurity incident. Mayor Joseph Kilduff said the town fell victim to a “social engineering scam” after …
Insured losses have surged in the past decade as climate change in Canada sparks wildfires, intense hailstorms and thunderstorms with severe flooding in major cities. Insured losses from natural disasters averaged C$2.2 billion ($1.63 billion) a year over the last …
Product recalls in the U.S. decreased across the automotive, consumer product, food and drink, medical device and pharmaceutical industries in the second quarter, according to a new report from Sedgwick.. Sedgwick’s U.S. Recall Index found the 788 recalls across those …
Hotter summers in Canada that have sparked wildfires in tourist areas, intense hailstorms and thunderstorms with severe flooding in major cities, all likely linked to climate change, are leading to personnel shortages and potentially claims adjustment delays, according to insurance …
Landlords for offices, apartment complexes and other commercial real estate have $1.5 trillion of debt due by the end of next year, and about a quarter of that borrowing could be hard to refinance, according to Jones Lang LaSalle Inc. …
BOVINA, Miss. (AP) — Investigators with the National Transportation Safety Board were collecting evidence Sunday at the scene of a commercial bus crash in Mississippi that killed seven people and injured dozens of others. The 2018 Volvo bus was traveling …
