Chinese financial technology giant Ant Group has set terms for a dual listing aimed at raising up to $34.4 billion from the world’s largest stock market debut, with investors scrambling for a piece of the fast-growing company. The deal would …
Some Alaska residents received tsunami warnings on their cellphones following an earthquake earlier this week, including customers in the Anchorage area who were outside the potential danger zone. There was no concern over a tsunami reaching Anchorage, more than 500 …
Large swaths of California had no electricity Monday as utilities tried to prevent the chance of their equipment sparking wildfires while the fire-weary state was buffeted by powerful winds and dangerously dry weather conditions. About 300,000 power customers, more than …
Virginia state officials have laid out a plan to protect the state’s coastal communities from sea-level rise that could inundate land and roads and threaten property in the decades ahead. Governor Ralph Northam joined other state and local officials on …
Rhode Island has fined and temporarily shut down four more bars over alleged violations of state rules meant to control the spread of the coronavirus, state health officials said Friday. State inspectors found various violations at the establishments, including remaining …
A federal judge has ruled that State Farm Fire and Casualty Co. does not have to return premiums to a small business customer because of the insured’s reduced business during the pandemic. The judge in Missouri found that the plaintiff, …
Connecticut’s attorney general asked regulators Wednesday to order reimbursements for utility customers who lost food and medicine during August’s dayslong power outage in the wake of Tropical Storm Isaias. Attorney General William Tong spoke as the Public Utilities Regulatory Authority …
Genworth MI Canada said on Monday real estate service provider Brookfield Business Partners will buy the remaining 43% stake it does not hold in the mortgage insurer for about C$1.6 billion ($1.21 billion). Brookfield, which owns about 57% of the …
W.R. Berkley Corp.’s 2020 third-quarter financial results landed on the strong side despite a dip in net income and more COVID-19 losses, a result the company credits to rate hikes and underwriting discipline. The commercial lines specialty insurer and reinsurer …
Coverys European Holdings (CEH), an agency platform and network specializing in European markets, has completed the 100% acquisition of Bridge Insurance Broker S.R.L, a Lloyd’s wholesale broker and coverholder based in Lucca, Italy. Bridge provides a full suite of property, …
