$100K for Protest Lawsuit Settlement in Oregon Approved December 27, 2021 The City Council in Portland, Oregon, unanimously approved of paying $100,000 to settle a federal lawsuit filed against police by...
$4M Settlement in Washington Foster Abuse Case December 27, 2021 The state of Washington has agreed to a $4 million settlement for two former foster children who were abused and...
Hallmark Financial Cancels Plans for Specialty Insurance Spinoff and IPO December 27, 2021 By Susanne Sclafane Hallmark Financial Services, Inc. announced last Thursday that it will no longer actively pursue a previously announced separation of its...
Australia’s Adani Coal Mine Nears 1st Shipment, Despite Climate Activists’ Campaign December 27, 2021 By Sonali Paul MELBOURNE – India’s Adani Group is preparing to ship the first coal cargo from Australia’s most controversial mine, after battling...
Capital One Cyber Settlement to Cost $190 Million December 27, 2021 By Jenny Surane Capital One Financial Corp. agreed to pay $190 million to settle a class-action lawsuit that customers filed against the firm...
Canopius Completes Loss Portfolio Transfer Agreement With Legacy Acquirer Riverstone December 27, 2021 Canopius Group, the London-based global specialty re/insurer, announced it has completed a loss portfolio transfer (LPT) agreement with RiverStone International....
UK Broker Ardonagh to Acquire Portugal’s MDS Group December 27, 2021 UK broker Ardonagh Group announced it has agreed to acquire Portuguese broker MDS Group. Headquartered in Porto, MDS has offices...
Marsh Increases Shareholding in Marsh India from 49% to 92% December 27, 2021 Insurance broker Marsh announced that it has increased its shareholding in Marsh India Insurance Brokers Pvt. Ltd. from 49% to...
Lloyd’s Asia Launches Renewable Energy Consortium December 27, 2021 Lloyd’s has launched a new renewable energy consortium, to respond to the growing needs of the Asia-Pacific region and supporting...
New Hampshire Restaurant Fined After Fatal Crash by Intoxicated Customer December 27, 2021 The New Hampshire Liquor Commission has fined a restaurant in Windham, New Hampshire, $2,500 and suspended its liquor license for...