New York Court Affirms Gas Company on the Hook for Environmental Cleanup Costs March 29, 2018 By Elizabeth Blosfield The New York Court of Appeals has ruled that KeySpan Gas East Corporation is responsible for costs to clean up...
Uber Settles with Family of Victim of Driverless Accident March 29, 2018 By Bernie Woodall The family of the woman killed by an Uber Technologies Inc. self-driving vehicle in Arizona has reached a settlement with...
Integro to Buy Lloyd’s Broker Tysers; Integro’s UK Wholesale Unit to Use Tysers’ Brand March 29, 2018 Integro Insurance Brokers, the New York-based insurance brokerage and specialty risk management firm, announced it will acquire 100 percent of...
Specialty Insurer Fortegra Financial Corp. Launches EU Subsidiary in Malta March 29, 2018 Fortegra Financial Corp., a Jacksonville-based international specialty insurer and subsidiary of Tiptree Financial, announced the creation of a wholly owned...
UK Regulators Seek to Reassure Insurers, Banks About Brexit Transition Period March 29, 2018 By Silla Brush U.K. financial regulators sought to reassure banks and insurers that they can rely on a transition period to ease their...
Former Chairman of China’s Anbang Pleads for Leniency in $10B Fraud Trial March 29, 2018 By John Ruwitch The former chairman of China’s Anbang Insurance Group Co Ltd requested leniency at the end of his high-profile trial in...
China’s Ping An Plans $3B IPO of Financial Management Portal OneConnect: Sources March 29, 2018 By Bloomberg News Ping An Insurance (Group) Co., China’s largest insurer by market value, is starting preparations for an initial public offering of...
SoftBank Edges Closer to Buying Swiss Re Stake, Valued at $9.6 Billion: Sources March 29, 2018 By Manuel Baigorri, Dinesh Nair and Jan-Henrik Förster Swiss Re AG jumped after people familiar with the matter said Japan’s SoftBank Group Corp. is edging closer to buying...
Human Influence Makes Autonomous Vehicle Programming Unsafe: Professor March 29, 2018 The way autonomous vehicles are currently being programmed may not be safe because the programs are copying humans, according to...
Florida Keys Request Additional $16M from FEMA for Irma Damage March 29, 2018 County officials in the Florida Keys are looking to get federal money to reimburse them for expenses related to Hurricane...