November 9, 2020
In the state that is home to Silicon Valley and serves as the headquarters for Google, Facebook and other tech titans, voters strengthened data privacy protections by approving a ballot measure that supporters tout as a model for other states. …
November 9, 2020
A St. Louis, Mo., couple facing felony charges for waving guns at racial injustice protesters who marched near their home allege in a lawsuit that a news photographer trespassed to capture an image of the confrontation. Mark and Patricia McCloskey, …
November 9, 2020
BRP Group Inc. subsidiary, Baldwin Krystyn Sherman Partners LLC (BKS Partners), has entered into an agreement to acquire all of the outstanding equity interests of Insgroup Inc. a Houston, Texas-based provider of commercial property/casualty insurance, employee benefits, private risk services …
November 9, 2020
As of Nov. 2, 2020, more than 200,000 claims arising from the Aug. 10 derecho windstorm have been reported in Iowa, insurance regulators say. Of those, nearly 160,000 claims totaling more than $1.6 billion have been paid already. Insurance companies …
November 9, 2020
Louisiana Citizens Property Insurance Corp. (Citizens), the state’s insurer of last resort, will take only a $35 million financial hit from the 2020 hurricane season because of its reinsurance program, according to the Louisiana Department of Insurance. The LDI reported …
November 9, 2020
Amazon.com Inc. founder Jeff Bezos won’t have to go to trial in a defamation lawsuit his girlfriend’s brother brought against him over nude photos of Bezos leaked to the National Enquirer. A California state judge, who had issued a tentative …
November 9, 2020
Private equity firm Cinven and GIC, Singapore’s sovereign wealth fund, have agreed to acquire London-based specialist insurance and (re)insurance broker Miller from its partners and corporate member, Willis Towers Watson. The firms did not disclose financial details of the transaction. …
November 9, 2020
A 5.0 billion pound ($6.6 billion) English lawsuit against Anglo-Australian mining giant BHP has been struck out, in a blow to a 200,000-strong Brazilian claimant group seeking damages after a devastating dam failure in 2015. A High Court judge in …
November 9, 2020
Drugmakers and research centers around the world are working on COVID-19 vaccines, with large global trials of several of the candidates involving tens of thousands of participants well underway. The following is what we know about the race to deliver …
November 9, 2020
Fully-digital Lloyd’s of London syndicate Ki and global insurance broker Howden announced a partnership in which Ki is committing to provide substantial follow capacity for Howden’s clients and business partners over three years. Ki was created in collaboration with Brit …