UK Insurers Could See Underwriting Losses After Storms Ciara, Dennis: Fitch February 21, 2020 Losses from storms Ciara and Dennis, which brought strong winds, torrential rain and widespread flooding to the UK, will increase...
Russia Blamed for Massive Cyber Attack Against Nation of Georgia in 2019 February 21, 2020 By Jake Rudnitsky and Nikos Chrysoloras Georgia accused Russian military intelligence of organizing a “paralyzing” cyber attack last year and called for a reaction by the...
China Ends Two-Year State Custody of Troubled Anbang Insurance February 21, 2020 By Bloomberg News China’s two-year state custody of Anbang Insurance Group Co., the group that became a poster child for private companies with...
Allianz Raises 2020 Profit Target After 9.5% Jump in Q4 Results February 21, 2020 German insurance group Allianz announced a more ambitious profit target for this year after posting a better than expected 9.5%...
Tennessee Licenses 200th Captive Insurance Company February 21, 2020 The Tennessee Department of Commerce & Insurance (TDCI) is marking the licensing of its 200th captive insurance company, Mattoon Insurance...
Medical Marijuana Bill Clears Alabama Senate Committee February 21, 2020 By Kim Chandler A medical marijuana bill cleared its first hurdle Wednesday in the Alabama Legislature, giving hope to advocates after years of...
Idaho Insurance Agent Sentenced for Mishandling Funds February 21, 2020 A licensed insurance producer from Emmett, Idaho, has been sentenced for misappropriation of fiduciary funds. Casandara H. Aune admitted to...
Black Woman, County Settle New Mexico Profiling Lawsuit for $100K February 21, 2020 New Mexico’s largest county has reached a racial profiling settlement with a black woman who was stopped by deputies three...
Parents of Oregon Man Who Died in Fire File $6M Suit February 21, 2020 The parents of a man who died in a fire in Portland, Ore., have filed a nearly $6 million lawsuit...
Ohio Megachurch Ex-Pastor Settles Lawsuit Alleging Sex Abuse February 21, 2020 A confidential settlement was reached in a former Ohio megachurch pastor’s lawsuit alleging televangelist Ernest Angley sexually abused and harassed...