A Miami lawsuit charges that a luxury condominium tower built just a few feet away from Champlain Towers South caused structural damage to the already ailing building in Surfside, leading to the collapse that killed 98 people in June. The …
USI Insurance Services opened of its first San Diego, California-based office. The new office at 4370 La Jolla Village Drive in San Diego’s University City neighborhood, opened on Monday, and it accommodates a team of local property/casualty and employee benefit …
Eight residents of a nursing home in Connecticut have died during a coronavirus outbreak while 89 residents and employees have tested positive for the disease, nursing home officials say. The outbreak at the Geer Nursing and Rehabilitation Center in Canaan …
Backers of a measure that asks Massachusetts voters to treat drivers for app-based companies like Uber Technologies Inc and Lyft Inc as independent contractors rather than employees said on Tuesday they had gathered enough signatures to get it on the …
Baldwin Krystyn Sherman Partners LLC (BKS Partners) entered into an agreement to acquire all the outstanding equity interests of Construction Risk Partners LLC (CRP). The transaction is expected to close on or around December 1, 2021, subject to certain closing …
A technology firm and a managing general agent are partnering to offer extreme temperature insurance to commercial properties across the United States. According to Vave, an algorithmic underwriting MGA, and The Demex Group, a climate risk analytics and technology firm, …
Tesla has asked a federal court to reject what is calls a “staggering” $136.9 million jury award or order a new trial in a case involving an employee’s claim that the car maker did not do enough to protect him …
Strong growth and record premiums are projected for the global insurance industry, as demand for risk protection increases, according to Swiss Re Institute’s latest sigma study. The global insurance market is set to exceed US$7 trillion in premiums for the …
Allianz said on Wednesday that its Chinese life insurance business had received regulatory approval that will allow it to become the first wholly foreign-owned life insurer in China created from a joint venture. Many foreign financial institutions are looking to …
The Federal Aviation Administration said on Tuesday it is in direct talks with the telecom industry about its aviation safety concerns involving the planned use of spectrum for 5G wireless communications. “We are having very productive discussions and we will …
