Schwab to Buy USAA Investment Management Firm’s Assets for $1.8 Billion July 26, 2019 By Andrew G. Simpson The Charles Schwab Corp. has agreed to acquire assets of USAA’s investment management company, including brokerage and managed portfolio accounts,...
OSHA Fines Virginia Shipbuilder More Than $13K for Safety Violation July 26, 2019 The Occupational Safety and Health Administration has fined Newport News Shipbuilding more than $13,000 for a safety violation after investigating...
Bank Drops Objection to Financing Request by Bankrupt Philadelphia Energy Solutions July 26, 2019 By Laila Kearney A bank dropped its objection on Tuesday to Philadelphia Energy Solutions Inc’s initial bankruptcy requests after the two sides struck...
Data-Deprived Auto Insurers Cautious About Discounts for Advanced Safety Features July 26, 2019 By Tina Bellon Automakers are accelerating the rollout of technology designed to avoid crashes, but insurance companies are waving a caution flag at...
Risk of No-Deal Brexit Rises as EU Rejects PM Johnson’s Demands for Better Exit Deal July 26, 2019 By Robert Hutton and Joe Mayes The scale of the challenge facing Boris Johnson to break Britain’s political deadlock was laid bare in his first days...
African Telecom Firm Africell Plans to Expand in Micro-Insurance, Mobile Payments July 26, 2019 By Elias Biryabarema African telecom firm Africell plans to spend part of a $100 million U.S. credit line on expanding its infrastructure and...
CFC Underwriting Taps Francis from Aon/Stroz Friedberg as Cyber Claims Director July 26, 2019 CFC Underwriting, the London-based managing general agent that specializes in emerging risks, announced the appointment of Roger Francis as Cyber...
Ohio State Hit With More Suits by Ex-Athletes Over Sex Abuse by Team Doc July 26, 2019 More former football players and other ex-athletes are suing Ohio State University over allegations that they were sexual assaulted by...
Iowa’s Holmes Murphy Names McCarty New Chief Strategy Officer July 26, 2019 Waukee, Iowa-based Holmes Murphy has added Lori McCarty as chief strategy officer (CSO). McCarty brings more than 25 years of...
Houston’s Dean & Draper Insurance Agency Joins Assurex Global July 26, 2019 Houston-based Dean & Draper Insurance Agency has become a partner in Assurex Global, the privately held commercial insurance, risk management...