October 25, 2017
The Weinstein Co. faces its first lawsuit accusing the company of failing to control ousted co-founder Harvey Weinstein, in a case brought by an actress who claims he sexually assaulted her. Dominique Huett said the company “knew or should have …
October 25, 2017
At least the Yankees won something. As the team prepares to watch the Astros play the Dodgers in the World Series, its ownership can take solace in winning a court challenge to a century-old legal doctrine that prevents fans from …
October 25, 2017
One of Hartford, Connecticut’s biggest bondholders isn’t too worried the distressed capital city will default on its debt. Lyle Fitterer, the head of municipal securities investments for Wells Fargo Asset Management, said in an interview that Hartford has options for …
October 25, 2017
Independent specialty managing general agent Nexus Group announced it has acquired Credit Risk Solutions Ltd. (CRS). Established in 2003, CRS is an independent specialist trade credit broker operating with headquarters in Halifax and offices in Manchester and Birmingham, England. Details …
October 25, 2017
Despite a nationwide advertising blitz for mobile auto insurance apps and widespread use of digital channels to purchase insurance, U.S. auto insurance customers have been slow to adopt digital claims reporting, according to the research firm J.D. Power. Authors of …
October 25, 2017
RMS, the Newark, Calif.-based global risk modeling and analytics firm, has opened a new office in Sydney, Australia, as part of its drive to support clients’ expansion in the Australian and New Zealand markets. The focus will be to help …
October 25, 2017
MMG Insurance, a Presque Isle, Maine-headquartered regional property and casualty insurance company, has hired Eric Tawfall as its new vice president of personal lines. Tawfall will be relocating from Illinois to Northern Maine to oversee responsibilities from MMG’s corporate headquarters …
October 25, 2017
Global insurance advisor Willis Towers Watson has hired Mike Toner as Corporate Risk and Broking (CRB) market leader for New England, which includes offices in Boston and Billerica, Mass; Hartford, Conn.; Burlington, Vt.; and Buffalo, N.Y. In this role, he …
October 25, 2017
The Senate sent President Donald Trump a $36.5 billion hurricane relief bill Tuesday that gives Puerto Rico access to $4.9 billion in low-interest Treasury loans, amid concerns that recovery efforts from the recent disasters will require significantly more funding. The …
October 25, 2017
Banks, credit card issuers and other financial companies will be able to block customers from banding together to sue over disputes, after the U.S. Senate on Tuesday narrowly killed a rule banning the firms from using “forced arbitration” clauses. Republican …