Greenlight Re Invests in Insurtech That Provides Security Deposit Replacement Insurance June 1, 2022 Greenlight Re Innovations (GRI), a Cayman Islands-based subsidiary of Greenlight Capital Re Ltd., has announced an investment in Garentii GmbH,...
Iran’s Seizure of 2 Greek Oil Tankers Adds Risk to Key Shipping Route June 1, 2022 By Anthony Di Paola Iran’s seizure of two Greek oil tankers in the Persian Gulf raises the risk of further interruptions to shipments from...
Sarah Palin Loses Bid to Disqualify Judge from NY Times Defamation Trial June 1, 2022 By Luc Cohen Former Republican vice presidential candidate Sarah Palin on Tuesday lost her bid to have the judge who oversaw her unsuccessful...
Insurance Broker Acrisure Touches $23 Billion in Valuation After Latest Funding June 1, 2022 Acrisure said on Tuesday it had raised $725 million in a fresh funding round led by a wholly owned subsidiary...
Construction Worker Falls to Her Death from High-Rise West Palm Condo June 1, 2022 A 23-year-old construction worker fell to her death from a 13th-floor balcony of a condominium complex in West Palm Beach,...
Police in Arizona Find 1,200 Catalytic Converters as Thefts Soar June 1, 2022 By Bob Christie An Arizona man was facing multiple theft charges last week after detectives found more than 1,200 catalytic converters packed into...
AM Best Revises Randall & Quilter’s Credit Ratings After Brickell Purchase Terminated May 31, 2022 The credit ratings of Randall & Quilter Investment Holdings and its subsidiaries have been revised to under review, negative, from...
U.S. P/C Q1 2022 Underwriting Income Up 5%: AM Best May 31, 2022 AM Best reported Friday that first-quarter net underwriting income for the U.S. property/casualty industry rose 4.6% to $3.3 billion. Explaining...
Minneapolis to Pay $1.2 Million to People Injured During Floyd Protests May 31, 2022 The Minneapolis City Council has approved $1.2 million in legal settlements with two people injured by police during protests following...
Michigan Egg Producer to Pay $175,000 Over EEOC Lawsuit May 31, 2022 Konos, Inc., a Michigan-based egg producer, will pay $175,000 and provide other relief to settle a sex discrimination and retaliation...