Zimbabwe received $31.8 million from African Risk Capacity, an arm of the African Union, as part of an insurance payout for the devastation the country suffered from an El Niño-induced drought. Finance Minister Mthuli Ncube told reporters on Thursday in …
With many jobs expected to eventually rely on generative artificial intelligence, states are trying to help workers beef up their tech skills before they become outdated and get outfoxed by machines that are becoming increasingly smarter. Connecticut is working to …
Top U.S. automakers posted slower sales growth for the second quarter as a cyberattack at software systems provider CDK hit operations at several dealerships during the crucial selling period of late June. General Motors reported a 0.6% rise in new-vehicle …
Arthur J. Gallagher & Co., the global insurance brokerage and consulting firm, said its claims and risk-management subsidiary, Gallagher Bassett, has acquired Georgia-based NetClaim from NAVEX. NetClaim, in Norcross, Georgia, provides first-notice-of-loss and first reports of injury for clients, including …
PointeNorth Insurance Group, a large agency in the Southeast, has acquired Valdosta Insurance Services and Southern Insurance Advisors, both based in Georgia. PointeNorth said in a statement that it provides growth opportunities for agencies, as well as a perpetuation strategy …
Three recent U.S. Department of Labor investigations in San Diego, California recovered nearly $840,000 for 32 employees, some of whom one employer reportedly paid less than $3 per hour. The department’s Wage and Hour Division determined that Ruffo de Alba …
The owner of a New York trucking business who fabricated a supposedly independent Texas affiliate to circumvent his existing firm’s negative safety rating and avoid higher insurance costs has been found guilty of conspiracy and fraud. On June 21, a …
The cumulative cost of the seven heat events in California in the past decade amounted to $7.7 billion in losses, a new report shows. The analysis from California Insurance Commissioner Ricardo Lara’s office is the result of legislation he sponsored …
An appeals court on Tuesday rejected an appeal by a Tony Award-winning producer who claims that a union for actors and stage managers organized an illegal boycott that prevented him from producing live Broadway shows. The 2nd U.S. Circuit Court …
Two government consultants have paid more than $11 million to settle allegations that they failed to meet cybersecurity requirements in a program for New Yorkers who applied online for federal emergency rental assistance during the COVID-19 pandemic. In early 2021, …
