The U.S. Department of Agriculture is working on a proposal for a waiver system for hog plants forced by a federal court to slow processing lines, Secretary Tom Vilsack said on Thursday. Waivers to allow plants to speed up processing …
U.S. insurer Chubb Ltd has agreed to buy health insurer Cigna Corp’s life, accident, and supplemental benefits businesses in Asia Pacific and Turkey for $5.75 billion in cash, both insurers said, marking the latest consolidation in Asia’s insurance sector. In …
India is considering a proposal for foreign investors to own as much as 20% in Life Insurance Corp., according to a person with knowledge of the matter, which would enable them to participate in the nation’s biggest initial public offering. …
A magnitude 5.9 earthquake struck near Tokyo late Thursday, rattling parts of the capital the most since the March 2011 disaster. Few train services remained disrupted the next morning, while some injuries were reported. The Japan Meteorological Agency, which revised …
The former head of a Massachusetts homeless shelter stole about $1.5 million in part by secretly renting properties he owned to the shelter at above-market rates, prosecutors said. Manuel Duran, 69, then falsely certified compliance with state regulations designed to …
Residents of Brookline, Massachusetts, have approved $11 million to end a years-long legal battle with a firefighter who said he was subjected to racial discrimination while working for the fire department. The settlement with Gerald Alston, who is Black, was …
The U.S. Supreme Court declined to hear an appeal by two state police officers accused of failing to protect a woman from a man who went on a deadly rampage, allowing a civil lawsuit to proceed. Troopers were accused of …
The Florida Supreme Court on Thursday handed down no insurance-related opinions in its regular weekly posting and did not report a long-awaited decision on an insurance defense attorney charged with coaching a witness through text messages. But one step down …
Getsafe, a digital MGA based in Germany, raised another $63 million in funds, with plans to use the added cash to fund its own insurance license by the end of 2021 and accelerate its European expansion. A number of new …
Insurance Journal invites buyers of agency errors and omissions insurance to participate in this year’s Agency Errors & Omissions Survey. The survey should take no more than 10 minutes to complete, and will provide you and us with important information …
