West Virginia Gov. Jim Justice confirmed on Tuesday that he is personally liable for $700 million in loans taken by his coal companies from a lender in the United Kingdom that went bankrupt. The Republican governor took shots at the …
Legislation that would spend $220 million in part to shore up highways, rivers and coastal areas prone to flooding so that North Carolina can better withstand the next big storm cleared a House committee on Tuesday. Some environmental groups also …
Brit Ltd. announced the creation of a marine consortium called “Keel,” which aims to revolutionize the writing of marine war and breach call risks. Keel offers up to $152.2 million of capacity per risk and provides instant quotes that are …
Global insurance broker Aon has agreed to sell its U.S. retirement business to private investment firm Aquiline and its Retiree Health Exchange individual health insurance business to Illinois-based digital services firm Alight for total gross consideration of $1.4 billion. Aon …
Hub International Ltd., the Chicago-based insurance broker, announced it has acquired Global Credit Risk Management Inc. (GCRM). Terms of the transaction were not disclosed. With a national presence and offices located in Ontario and Alberta, GCRM is an independent broker …
New York’s Greene & Associates Hires Rapini as Chief Financial Officer Greene & Associates Inc., based in East Aurora, New York, has hired Phil Rapini as its new chief financial officer. Rapini will be responsible for overseeing the financial operations …
Venerable Holdings Inc. has completed its acquisition of Corporate Solutions Life Reinsurance Company (CS Life Re), a Delaware domiciled and New York licensed reinsurance company, from Equitable Holdings Inc. With the close of this transaction, Venerable’s pro forma assets under …
New York City and 21 of New York’s counties on Tuesday announced a lawsuit against consulting firm McKinsey & Company, accusing the company of contributing to the opioid crisis by helping create strategies to increase prescription drug sales. In the …
The Senate’s top Republican on Tuesday linked Democrats’ efforts to make it easier to sue police officers to problems many law enforcement agencies are having recruiting and retaining personnel, drawing a hard line on the thorniest divide between bargainers seeking …
Two prominent transportation advocacy groups on Wednesday challenged the Federal Communications Commission’s (FCC) November decision to shift much of a key spectrum block set aside for auto safety to accommodate the burgeoning number of wireless devices. The Intelligent Transportation Society …
