Vantage Group Raises Additional Capital, Acquires U.S. Admitted Carrier February 9, 2022 Bermuda-based re/insurer Vantage Group Holdings Ltd. announced that funds managed by Carlyle and Hellman & Freidman have committed up to...
Banks Warned to Prepare for Possible Russian-Sponsored Cyber Attack February 9, 2022 By John O'Donnell and Huw Jones FRANKFURT/LONDON – The European Central Bank is preparing banks for a possible Russian-sponsored cyber attack as tensions with Ukraine mount,...
Pipeline’s Safeguards Malfunctioned in Louisiana Diesel Spill February 9, 2022 By Matthew Brown and Janet McConnaughey A corroded pipeline that ruptured and spilled 350,000 gallons (1.6 million liters) of diesel fuel into a New Orleans area...
XPT Specialty Acquires Indiana’s Insurance Brokers Incorporated February 9, 2022 XPT Specialty has acquired Insurance Brokers Incorporated, headquartered in Indianapolis, Indiana, in a move that continues a series of acquisitions...
NFP Acquires East Coast Underwriters, Blue Ridge Captive Firm February 9, 2022 NFP, a global insurance broker and consultant, has acquired East Coast Underwriters and Blue Ridge Captive Solutions, expanding NFP’s medical...
Massachusetts Senate Weighs Bill to Lower Prescription Drug Prices for Patients February 9, 2022 A bill aimed at addressing the increasing costs of prescription drugs is scheduled to come up for a vote in...
Judge Dismisses Fired Amazon Worker’s Lawsuit Alleging Discrimination February 9, 2022 A federal judge on Monday sided with Amazon.com Inc. in dismissing a discrimination lawsuit that workplace organizer Christian Smalls had...
Couple Accused of Laundering $4.5B in Bitcoin Tied to 2016 Hack February 9, 2022 By Sarah N. Lynch, Raphael Satter and Luc Cohen The U.S. Justice Department said on Tuesday it has unraveled its biggest-ever cryptocurrency theft, seizing a record-shattering $3.6 billion in...
Lawsuits by Comedians Say Pandora’s Streaming of Their Material Isn’t Funny February 9, 2022 By Blake Brittain The estates of Robin Williams and George Carlin sued Sirius XM’s Pandora Media Inc. on Monday, claiming the online music...
Cyclone Batsirai Kills 20 in Madagascar, Weakens Quickly as It Hits Land February 8, 2022 By Laetitia Bezain ANTANANARIVO, Madagascar (AP) – Cyclone Batsirai is blamed for the deaths of 20 people in Madagascar and for making more...