Total aggregated economic losses for the wildfires that have burned across Northern and Southern California throughout the month are expected to minimally exceed $10 billion, while insurance claims payouts for wildfires are set to exceed $10 billion in the United …
Swiss Re Corporate Solutions has appointed Philippe Aerni as global head of Casualty, Financial & Professional Lines. In this expanded role, Aerni will be responsible for products and global markets for these two lines of business. Based in Zurich, he …
Global broking network Brokerslink announced the departure of Jacqueline Legrand as chief executive officer. After six years based in Europe, Legrand has resigned from her position to return to New York to take on a new professional opportunity and reunite …
Global insurance broker Gallagher has acquired commercial insurance broker Pavey Group Holdings in the southwest UK. With offices in Torquay, Exeter and Holsworthy in Devon, and Highbridge in Somerset, Pavey Group was established in 1971 and has spent more than …
New York’s attorney general has opened an investigation into potential abuses by finance firms that offer quick money to small businesses nationwide, according to a person familiar with the probe. Attorney General Barbara Underwood’s office is looking into whether merchant …
Two U.S. senators are seeking to outlaw a legal tactic that predatory lenders have frequently used to seize money from small businesses. Senators Sherrod Brown, the top Democrat on the Senate Banking Committee, and Marco Rubio, a Florida Republican, said …
A Manhattan man has been convicted of engaging in two separate identity theft schemes between 2013 and 2014 and has been sentenced to seven-and-a-half to 15 years in state prison. An investigation by New York Attorney General Barbara D. Underwood’s …
Facebook Inc. wielded user data like a bargaining chip, providing access when that sharing might encourage people to spend more time on the social network — and imposing strict limits on partners in cases where it saw a potential competitive …
Connecticut state agencies, municipalities, and the state’s two federally recognized tribes are now eligible to receive federal financial assistance to help repair the damage caused by severe rain and flooding in September. Democratic Gov. Dannel P. Malloy announced Wednesday his …
An upstate New York man has been sentenced to three years in prison and ordered to pay back more than $100,000 he bilked out of people in a vacation home rental scam. Federal prosecutors say 58-year-old Henry Dean III, of …
