August 21, 2024
US firms have warned that parts of a proposed cyber law could grant the Hong Kong government unusual access to their computer systems, highlighting the latest challenge to Western tech giants in the city. The Asia Internet Coalition, which includes …
August 21, 2024
Insurance Australia Group said on Wednesday it expects premiums to keep rising because of a huge jump in loss claims and third-party costs for home and automobile repairs, sending its shares more than 3% lower. IAG said the money it …
August 21, 2024
Losses in Puerto Rico from Hurricane Ernesto are expected to be absorbed by the island’s domiciled insurers, according to industry rating AM Best. Initial feedback from AM Best-rated insurers—though it is early in the claims process—indicates that property losses from …
August 21, 2024
Insurance broker Marsh announced the launch of what it said is a first of its kind $50 million port blockage insurance facility, covering shipping ports and terminals around the world. The insurance facility can be purchased independently or used to …
August 21, 2024
Litigation that seeks to win Medicare reimbursements from insurance companies has become a huge business over the last decade, making one Miami lawyer a billionaire and causing expensive, ongoing legal headaches for property-casualty insurers. But the federal law that allows …
August 21, 2024
A federal judge temporarily cleared the way Monday for a transgender girl to play soccer for her high school team while she and another student challenge a New Hampshire ban. The families of Parker Tirrell, 15, and Iris Turmelle, 14, …
August 21, 2024
A U.S. appeals court said Google must face a revived lawsuit by Google Chrome users who said the company collected their personal information without permission, after they chose not to synchronize their browsers with their Google accounts. The 9th U.S. …
August 21, 2024
The city of Baltimore has reached a $152.5 million settlement with Cardinal Health to resolve the city’s claims against the opioid distributor related to its role in the opioid epidemic. Baltimore Mayor Brandon M. Scott announced that Cardinal will pay …
August 21, 2024
A federal judge ruled the US Federal Trade Commission can’t enforce its near-total ban on noncompete agreements that was set to go into effect next month, blocking an effort by the agency to make labor markets more competitive. In a …
August 21, 2024
Lawley, headquartered in Buffalo, New York, named Phil Scaffidi as employee benefits consultant in Buffalo, Joe Moran as an insurance advisor in Florham Park, New Jersey, and Carl Belizaire as insurance advisor in Buffalo. Before Lawley, Scaffidi served as senior …