Avian influenza has been detected in a fourth commercial poultry flock in southern Indiana, state officials said Feb. 19. Laboratory testing of a second commercial flock of turkeys in Greene County has come back as presumptively positive for the virus, …
Prospective investors in Life Insurance Corp. of India’s (LIC) $8 billion IPO are seeking assurances from company management that it will not sacrifice their interests to meet the goals set out by the government, its controlling shareholder, sources said. In …
A Dubuque firefighter who sued the city for sexual harassment and gender discrimination has been awarded $575,000 in damages. Jami Boss sued the city of Dubuque and Fire Chief Rick Steines in September 2020. She contended she had suffered years …
Allianz ALVG.DE has dismissed two asset managers who oversaw a group of investment funds that collapsed after racking up massive losses when the spread of coronavirus triggered wild market swings, according to regulatory filings. The downfall of the $15 billion …
Britain will unlock “tens of billions of pounds” of insurance sector capital that should boost the economy through infrastructure investment, financial services minister John Glen said on Monday. The six-year-old “Solvency II” capital requirements were inherited from the European Union …
The cargo ship that caught fire last week carrying about 4,000 Volkswagen AG vehicles could cost the automaker at least $155 million, according to one consultant’s estimate. Of the roughly $438 million total value of goods aboard the Felicity Ace, …
Miami-Dade officials are set to consider new county requirements that would raise the minimum building level to 6 feet as sea levels rise and storm surges worsen in flood-prone areas of South Florida. “It’s a resilience measure,” Marina Blanco-Pape, director …
Just as some insurers have tightened requirements for underwriting high-rise condominiums in the wake of the Champlain Towers collapse in Miami Beach last year, now mortgage banks are starkly revising lending rules. The moves could make sales of some condo …
Florida-based Brown & Brown, one of the largest independent insurance brokers in the U.S., this year will begin offering customers advance warning of weather, flooding, fire and other events, along with steps to take to reduce losses. The broker, headquartered …
A highly pathogenic avian influenza has been detected in a non-commercial backyard flock of birds on Long Island in New York, federal authorities confirmed Saturday. Samples from the flock were tested at the Cornell University Animal Health Diagnostic Center and …
