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 …
SCOR announced that Olivier Gay has been appointed chief executive officer for SCOR Canada Reinsurance Co., succeeding Paul Christoff, effective June 11, 2021. Gay will continue to serve as chief underwriting officer for SCOR Canada and will report to John …
Bermuda-based specialist insurer Hiscox Ltd. has completed a loss portfolio transfer (LPT) agreement with Enstar Group Ltd., whereby Enstar’s Syndicate 2008 will assume historical liabilities for selected lines of Hiscox Syndicate 3624, including the majority of Hiscox USA’s surplus lines …
Salvors and authorities are watching for any leaking of fuel after halting efforts to tow a fire-gutted container vessel away from beaches and fishing grounds off the coast of Sri Lanka. The ship’s stern hit the ocean floor after it …
SANTIAGO – Mining group BHP will spend up to $93 million in environmental repairs and reparations after a Chilean court brokered an agreement in a lawsuit from the state over water use and related damage to a sensitive salt flat …
FORT LAUDERDALE, Fla. — A fiery 2019 Florida interstate crash that killed five children from a Louisiana church headed to Walt Disney World was caused by a truck driver who hid his long medical history becoming incapacitated and losing control …
Lockton Pacific has added Katie Shak as producer to grow its commercial insurance presence in San Diego, Calif. Shak will partner with clients to provide advice on managing risk. Shak was previously a risk consultant for USI Insurance. Lockton’s Pacific …
