November 18, 2021
A Queens, New York, man has been charged with murdering a woman for life insurance benefits. A superseding indictment was filed in federal court in Brooklyn charging Cory Martin with murder-for-hire and conspiracy to commit murder-for-hire. Martin was previously charged …
November 18, 2021
Accelerant, an insurtech for underwriters who serve small and medium-sized businesses, has named Kenny Holms chief decision scientist. Holms will bring together data science, artificial intelligence, machine learning and actuarial experience to develop insurance solutions, the Georgia-based company said in …
November 18, 2021
World Insurance Associates LLC (WIA) acquired Pope Insurance Agency Inc. of Plainville, Massachusetts, on October 1, 2021. Terms of the transaction were not disclosed. Pope Insurance Agency Inc. is a multi-line insurance agency. It offers personal insurance for car, home …
November 18, 2021
Risk Strategies, a national specialty insurance brokerage and risk management firm, acquired TriPoint Insurance Inc., a national specialist providing Performance Based Insurance (PBI) solutions to middle market companies in the construction, manufacturing, wholesale and skilled nursing verticals. TriPoint’s PBI solutions …
November 18, 2021
A federal jury has cleared four former coal company officials who were accused of skirting dust rules in two underground Kentucky mines. The jury in U.S. District Court in Louisville deliberated Wednesday for about two hours before returning not guilty …
November 18, 2021
North Carolina Attorney General Josh Stein is suing the founders of an e-cigarette maker over his concerns that their product is being marketed to children through kid-friendly flavors and poor age verification. Stein announced at a news conference that he …
November 18, 2021
An insurance company is suing the mother of two boys killed by her estranged husband over a $4 million life insurance payout, claiming she may not have been legally entitled to receive the funds. Meanwhile, she is trying to collect …
November 18, 2021
Ant Group Co.’s profit rose an estimated 39% in the June quarter, attributed to a gain in investments as billionaire Jack Ma’s fintech giant grapples with the impact of China’s rapidly shifting rules for private enterprise. The company contributed 6.5 …
November 18, 2021
FRANKFURT – Allianz Chief Executive Officer Oliver Baete said on Thursday that the financial world was getting more dangerous, not safer, setting an ominous tone for investors. Baete, who oversees one of the world’s largest insurers and asset managers, pointed …
November 18, 2021
Vancouver, Canada’s third-largest city, is cut off from the rest of the country by land after days of storms caused flooding and mudslides that have blocked major highways and rail lines. In response to what local officials are calling the …