Fosun International Ltd., the Chinese group backed by billionaire Guo Guangchang, is considering an offer for all or parts of Belgian insurer Ageas in what could be its boldest move to expand its international footprint, people familiar with the matter …
West Virginia will receive $690 million in federal funding for flood management and repair projects. U.S. Sens. Joe Manchin and Shelley Moore Capito announced the funding July 18 from the U.S. Army Corps of Engineers. A statement from the senators …
A federal appeals court in Atlanta last week reaffirmed its decision that workers aren’t protected against workplace discrimination based on sexual orientation, though two of the 11 judges strongly disagreed. Gerald Lynn Bostock asserted in a lawsuit originally filed in …
Police say a 12-story building on Miami Beach that was slated to be torn down has collapsed, injuring one person. Miami Beach police officials tweeted that the victim was taken to Jackson Memorial Hospital in Miami on Monday morning. A …
Alliant Insurance Services, a nationwide specialty insurance brokerage firm, has made three additions to its Construction Services Group headquartered in Alpharetta, Ga. Danielle Maxey has joined as account executive. In this role, she will continue to service clients operating in …
In response to feedback from its agents, BondExchange, a wholesale surety broker, has upgraded its insurance agent platform bondexchange.com, which offers access to a database of more than 10,000 different surety bonds for their customers. The new system was designed …
A Chicago-based vice president of an insurance underwriting group fraudulently obtained more than $13.5 million from a corporate client by fraudulently issuing and collecting premium payments on “matching deductible” policies, according to federal criminal charges filed today by the U.S. …
Triple digit temperatures, low humidity and extreme drought conditions across much of Texas have firefighters battling wildfires and residents doing their best to escape the heat. The state’s largest wildfire, the Harmon Road Fire, continues to burn in Coryell County …
A year after Iowa began cracking down on texting while driving, advocates and lawmakers in Nebraska hope to implement a similar policy. Nebraska and Iowa both banned texting while driving in 2010 but classified the infraction as a “secondary offense,” …
Louisiana State Police detectives with the Insurance Fraud/Auto Theft Unit have arrested five people for violations of Louisiana insurance fraud laws in relation to an alleged staged crash in Evangeline Parish. The LSP reported that an initial investigation revealed in …
