August 30, 2024
South Africa-based general insurer Santam Ltd. plans to expand in Asia to diversify its premiums and counter tepid growth at home. The insurer, a subsidiary of financial services group Sanlam Ltd., generates 82% of its premiums in South Africa. “We …
August 30, 2024
As the world leans into electrification, it will need more lithium. A key ingredient in the batteries that power everything from electric vehicles to cell phones, demand is projected to accelerate over the next decade. To meet it, a new …
August 30, 2024
A Pennsylvania museum has agreed to sell a 16th century portrait that once belonged to a Jewish family that was forced to part with it while fleeing Nazi Germany before World War II. The Allentown Art Museum will auction “Portrait …
August 30, 2024
Los Angeles area vocational school owner, Guillermo Frias, 65, of Paramount, and the school’s accounting manager, Yesid Colon, 54, of Baldwin Park, were arraigned following a California Department of Insurance investigation into allegations they submitted fraudulent claims to receive money …
August 30, 2024
Two men have been charged with conducting a six-year scheme in which they allegedly scammed a ridesharing company and customers out of $40 million in fraudulent “surge” fees by selling hacked smartphones and fake GPS applications to hundreds of rideshare …
August 30, 2024
Maryland-based insurance, benefits and risk management firm RCM&D announced the acquisition of MillenGroup, a Richmond, Virginia-based benefits advisory firm. Laura Millen, founder and senior managing partner, and John Millen, co-founder and managing partner, will join RCM&D’s employee benefits leadership team …
August 30, 2024
LTC Global Inc. acquired Michael L. Fitzgerald Insurance Services Inc. in Walnut Creek, California. Michael Fitzgerald will continue to manage the business, which operates across Northern California. Michael L. Fitzgerald Insurance Services is a Capitas Financial Inc. partner. Fitzgerald Insurance …
August 29, 2024
Paula Cooley joined Graham-Rogers Insurance, headquartered in Bartlesville, Oklahoma, as a transportation new business underwriter. Cooley will focus on garage and transportation commercial auto. She has over 40 years of property and casualty experience, most recently serving as senior transportation/garage …
August 29, 2024
CHICAGO (AP) — A woman who was shot in the leg during a White Sox game last year is suing the team and the Illinois agency that owns Guaranteed Rate Field. The woman was in the left-field bleachers in Section …
August 29, 2024
NEW ORLEANS (AP) — Tesla’s federal court challenge to a Louisiana law that prohibits automobile manufacturers from selling directly to consumers has been revived by an appeals court. The lawsuit by the electric car company owned by billionaire Elon Musk …