Liberty Mutual Insurance said it completed the all-cash deal of about $1 billion for super-regional insurer State Auto Group. The transaction was originally announced in July 2021. Now that it gained all required regulatory approvals, Liberty Mutual said it adds …
Voters in Royalton, Vermont will be considering at the town meeting next week whether to allow all-terrain vehicles (ATVs) on parts of some town roads. The Cascadnac Valley Wheelers has requested access to town roads linking to the borders of …
A settlement has been reached in a lawsuit filed by demonstrators who were tear-gassed by Richmond police during a protest in June 2020. Six people who were among a crowd protesting at the former Confederate Gen. Robert E. Lee monument …
The United States Court of Appeals for the Fifth Circuit affirmed a district court’s denial of class certification to a group of Louisiana GEICO customers who allege the insurer’s proprietary valuation system violated state law. Plaintiffs Eric Prudhomme and Elvin …
A rescue bill that aims to cut losses and litigation expenses for Florida property insurers passed a state Senate committee Monday, its last stop before a floor vote in the full Senate. But with just 11 days remaining in the …
Erie Insurance Names Jorie Novacek as Senior Vice President and Controller Erie Insurance has named Jorie Novacek as the company’s new senior vice president and controller, effective March 3. Novacek, who currently serves as the company’s vice president for corporate …
Brokerage Hub International and insurtech Bold Penguin have agreed to acquire digital agency Insureon Holdings. Chicago-based Insureon calls itself the top independent marketplace for online delivery of small-business insurance. It was one of the original insurtechs launched to serve small …
The California Public Utilities Commission (CPUC) on Monday issued permits to self-driving units of General Motors and Alphabet Inc. to allow for passenger service in autonomous vehicles with safety drivers present. CPUC said the GM unit Cruise and Alphabet’s Waymo …
A number of big investors on Monday filed to end their lawsuits against Allianz after a settlement was reached over their losses in a multibillion-dollar trading debacle at the German asset manager’s funds arm. The move marks an important milestone …
An Indian court has blocked Future Enterprises from selling its stake in its general insurance joint venture business with Italy’s Generali, following a legal challenge by a group representing bondholders, two sources familiar with the matter told Reuters. The court’s …
