Britain wants a stable relationship with the European Union for “decades to come” in financial services, Britain’s finance minister Sajid Javid said on Tuesday, but received an instant rebuttal from Brussels. Britain left the EU last month and its large …
Fires and floods are sending some of the nation’s largest utilities to the bond market to cover huge, unexpected bills. California’s PG&E Corp., which was forced into bankruptcy a year ago after its equipment sparked the deadliest wildfire in state …
A strong winter storm that has battered Europe with hurricane-force winds and heavy rains and killed at least five people moved eastward Monday, causing severe travel disruptions across the continent. After striking Britain and Ireland on Sunday, the storm moved …
The United States has charged four Chinese military hackers in the 2017 breach of the Equifax credit reporting agency that affected nearly 150 million American citizens, Attorney General William Barr said on Monday. “This was a deliberate and sweeping intrusion …
NFP, the New York City-based insurance broker and consultant, announced the acquisition of Indemnis Trade Risk Management Ltd. Financial details of the transaction, which closed on Dec. 10, 2019, were not disclosed. Indemnis, headquartered in Toronto, Ontario, Canada, with operations …
HDI Global Specialty SE, the specialty lines insurer, has promoted Frida Kangasniemi to the role of head of Airline. She replaces Thomas Broms in the role who retired at the end of last year. Kangasniemi was previously head of General …
Hub International Ltd. (Hub), the Chicago-based insurance broker, announced it has acquired the assets of Azur Consulting Services Inc. Terms of the transaction were not disclosed. Located in Longueuil, Quebec, Canada, Azur Consulting Services provides employee benefits consulting, including group …
A state appeals court on Friday revived a lawsuit by a golfer who suffered a serious leg injury when he was hit by a cart driven by another golfer. Thomas McKeown claimed Philip Capavanni shouldn’t have let his 82-year-old father-in-law …
Workpartners, which is part of UPMC Insurance Services, has retained its financial strength rating of A- (Excellent) with a stable outlook from A.M. Best. The A- (Excellent) rating with a stable outlook applies to UPMC Workers’ Compensation Group, which includes …
A new Maryland bill would ask the state’s Department of Information Technology to develop a baseline plan for localities within the state to help battle cyber attacks. Senate bill 120, introduced by Sen. Susan Lee, D-Montgomery, would give the Maryland …
