Two of the 19 Austin police officers indicted for their actions during 2020 protests over racial injustice were involved in cases that the city paid millions of dollars to settle, according to documents made public Feb. 22 The release of …
AXA reported a profit on Thursday that more than doubled from last year, with the French insurer recovering from pandemic-related claims during the peak of the COVID-19 crisis. The company, Europe’s second-biggest insurer after Allianz, said it expected underlying earnings …
Blue Sky Vision, L.L.C., a management services organization that provides support to eye care providers, will pay $67,590 and provide other relief to settle a federal disability-discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the agency announced …
Swiss Re Corporate Solutions announced it has filed an application with regulators to establish a new Canadian branch of North American Specialty Insurance Co. (NAS) and transfer operations to that branch, including new and renewal business, from its existing Westport …
Nigeria alleged JPMorgan Chase & Co. ignored “overwhelming” evidence of fraud and stark warnings from its own compliance staff as it kicked off a London trial over transfers to a former oil minister accused of corruption. JPMorgan acted negligently in …
Rede D’or said on Wednesday it has agreed to acquire insurer SulAmerica Seguros in a 13 billion-real ($2.6 billion) deal combining Brazil’s largest hospital network with one of the country’s major independent insurance companies. The purchase extends a trend for …
Ukraine closed its airspace to civilian flights on Thursday after Russia launched a land, sea and air invasion of its neighbor, while Europe’s aviation regulator warned about hazards to flying in bordering regions. Moldova, southwest of Ukraine, also closed its …
Indonesia’s peatlands, California’s forests, and, now, vast swathes of Argentine wetland have all been ravaged by extreme wildfires, heralding a fiery future and the dire need to prevent it. With climate change triggering droughts and farmers clearing forests, the number …
The insurance industry is ringing alarm bells about the cost of social inflation again, this time with the help of an actuarial analysis that concludes the phenomenon added more than $20 billion to the cost of commercial auto claims over …
The Florida House of Representatives’ Commerce Committee passed no fewer than five bills Wednesday that could affect property and casualty insurance, from allowing surplus lines carriers to be based in Florida, to encouraging more take-outs of Citizens Property Insurance policies. …
