PARIS — The banking arm of French mail operator La Poste is planning to buy banking group BPCE’s stake in French insurer CNP, the companies said on Thursday, and then plans to make an offer to buy the rest of …
The Georgia insurance commissioner is proposing a wide range of rule changes for insurance and fire safety. A hearing will be held Nov. 22, and written comments can be submitted by Nov. 15, the office said in a bulletin. Most …
A federal judge has rejected a bid by pilots to block Southwest Airlines from imposing a vaccine mandate, saying the Dallas-based airline is within its power to require vaccination as a safety measure. U.S. District Judge Barbara Lynn denied the …
The deluge California received from a powerful atmospheric river made streams and waterfalls come alive while coating mountains with snow, but as the storm headed east to the Plains on Tuesday it left the Golden State still deep in drought. …
Kemper Insurance has won preliminary approval of its $17.6 million proposal to settle a class action stemming from two data breaches. Judge Martha M. Pacold of the federal court for the Northern District of Illinois on Wednesday gave the green …
Keystone Agency Partners, an independent insurance agency partnership platform, appointed insurance industry veteran Robert A. Rusbuldt as the company’s first independent board member. Rusbuldt currently serves as president and CEO of the Independent Insurance Agents & Brokers of America Inc. …
Hackers-for-hire emerged as the biggest threat to online security in the last 15 months, with the COVID-19 pandemic and home working creating opportunities for cybercriminals, EU cybersecurity agency ENISA said in its annual report on Wednesday. The study, which covered …
Alec Baldwin the actor, who pulled the trigger on a prop gun while filming “Rust” in New Mexico and unwittingly killed a cinematographer and injured a director, likely won’t be held criminally or civilly liable for the tragedy. But Alec …
Texas Attorney General Ken Paxton announced a $290 million statewide opioid settlement agreement with Johnson & Johnson to resolve opioid-related claims. The agreement will largely track the terms of the Global Prescription Opioid Litigation Settlement Agreement that was announced July …
Reinsurers are increasingly relying on third-party capital to support their retrocession needs, in which they transfer risks they have assumed to other counterparties. According to a report from S&P Global Ratings, reinsurers have ceded about 50% of their exposures at …
