Bermuda-based P/C insurer and reinsurer Everest Re Group, Ltd. announced that its shareholders approved a name change to Everest Group, Ltd. and will trade under a new ticker symbol (NYSE: EG). The change will become effective on July 10, 2023. …
The Ukraine Black Sea grain deal has been extended for two more months, in what U.N. Secretary-General Antonio Guterres hailed as “good news for the world,” a day before Russia could have quit the pact over obstacles to its grain …
Deutsche Bank AG agreed to pay $75 million to settle a lawsuit in which victims of Jeffrey Epstein’s sexual abuse accused the bank of facilitating his sex-trafficking operation, according to attorneys for the plaintiffs. Deutsche Bank agreed to settle after …
Johnson & Johnson has set aside $400 million to resolve U.S. state consumer protection actions as part of its broader $8.9 billion effort to settle claims that its Baby Powder and other talc products cause cancer. J&J subsidiary LTL Management …
The 2022 property/casualty insurance industry saw a stark difference between the combined ratio of commercial lines at 94.8, while personal lines came in at 109.9. It was the largest difference in about 15 years, according to actuaries at the Insurance …
Norfolk Southern Corp was sued on Tuesday by bondholders who said they lost hundreds of millions of dollars because the railroad concealed safety risks prior to the February derailment in Ohio of a train carrying hazardous chemicals. The proposed class …
The U.S. Occupational Safety and Health Administration has cited a Georgia wood-treating company and its maintenance firm for exposing workers to high levels of arsenic, actions that could result in as much as $180,000 in fines. OSHA opened an investigation …
ALKEME acquired the Infinity Insurance Group in Idaho. Infinity Insurance is an insurance agency with offices in Post Falls. Infinity Insurance broke away from its parent company in 2010 and has focused on providing auto, home, health, life and commercial …
World Insurance Associates LLC acquired the business of Morris Insurance Group Inc. of Clinton Township and Rochester, Michigan Morris is an insurance agency providing personal insurance, commercial insurance and health and life insurance. World Insurance Associates is headquartered in Iselin, …
A federal judge on Tuesday blocked part of New Jersey’s new handgun carry law that barred weapons from being carried in so-called sensitive places and halted a new insurance mandate the law sought to institute. Second Amendment rights groups that …
