A sudden jump in carbon prices coupled with floods and droughts this year would lead to losses of at least 70 billion euros ($71.1 billion) for the euro zone’s largest banks, the European Central Bank said on Friday. The ECB …
Miller, the independent specialist re/insurance broker, announced the acquisition of Lead Insurance Services Ltd. Lead is based in Tokyo, Japan, and the acquisition cements a longstanding relationship between the two businesses. Founded in 1994, Lead specializes in hull, war risks …
The Georgia Commissioner of Insurance will hold a hearing in August on a slew of proposed rule changes, affecting everything from fire safety at self-serve gas pumps and group homes to insurance agency license renewals. The hearing will be Aug. …
If you’re looking for a niche within a niche, insuring cannabis seeds be the answer. The U.S. Drug Enforcement Administration declared in a memo issued in April that cannabis seeds that don’t exceed the .3% THC limit do not fall …
Bayer and BASF have won a new trial on $60 million in punitive damages they were ordered to pay a Missouri peach farmer who said dicamba, a herbicide they produced, drifted onto his orchard and harmed his crops. The 8th …
A former Southern California woman who, along with her doctor husband, billed insurers $44 million for unnecessary cosmetic surgeries was sentenced to eight years in federal prison. Linda Morrow, 70, also was ordered to pay $14 million in restitution. She …
IMA Select in Colorado named Sandy Harvath president. Harvath has been with IMA Financial Group since 2003, most recently serving as the president of its Colorado market. She began her career at IMA as construction account manager and progressed to …
Favorable weather early Wednesday aided the fight against a wildfire in California’s Gold Country that has forced evacuations in two counties. The Electra Fire had burned 6.4 square miles of rural terrain but it was now 40% contained without any …
Attorneys for multiple women suing Deshaun Watson over allegations of sexual misconduct are seeking the documents from the NFL’s investigation into the former Houston Texans quarterback. According to the motion filed Friday by the women’s attorneys, Tony Buzbee and Cornelia …
A federal workplace safety investigation into how an employee suffered serious injuries in January 2022 at a Temple, Texas manufacturing facility operated by Carpenter Co. – one of the nation’s largest cushion manufacturers – found the company had not installed …
