Owners of a solar energy farm in Massachusetts have reached a settlement with the state’s attorney general’s office to remediate a large tract of wetlands and riverfront damaged during construction of the site in 2018. Dynamic Energy Solutions agreed to …
Insurer Allstate reported improved auto underwriting results and strong investment returns for the fourth quarter 2020. Net income was up 52% to $2.6 billion for the quarter compared to net income of $1.7 billion in the same quarter in 2019. …
Consulting firm McKinsey & Co. has agreed to pay at least $573 million to resolve claims by 40-plus U.S. states related to its role in the opioid epidemic and advice it gave to OxyContin maker Purdue Pharma, according to a …
Global commercial insurance prices increased 22% in the fourth quarter of 2020, according to the Global Insurance Market Index released by insurance broker Marsh. The increase, the largest since the index was launched in 2012, follows average increases of 20% …
Catastrophe modeler RMS has made updates to its cyber offerings to target emerging cyber risks. Among the updates is the new Cyber Solutions Version 5.0 application that allows users to price and select cyber risks without large amounts of historical …
The vast majority of U.S. small businesses took a hit to their revenue last year because of the coronavirus pandemic, with minority-owned businesses struggling the most and worrying more about accessing credit, according to a Federal Reserve survey released on …
Combined entity will be leading insurance and tax service retailer specializing in servicing the Hispanic Community Las Vegas, NV – February 4, 2021 – Fiesta Insurance, a leading retail franchisor of insurance and tax services, today continued its expansion in …
Bayer AG struck a $2 billion deal to resolve a class action of future claims relating to allegations that its widely used weedkiller Roundup causes cancer, the company and lawyers for U.S. consumers said on Wednesday. Bayer has been struggling …
San Francisco, Calif.-based Newfront Insurance has named Jeff Chenu a principal and commercial insurance broker. Chenu is based in Sacramento, and supports a client roster across the Western U.S. He joins Newfront from Relation Insurance Services, where he spent 17 …
A suburban Des Moines, Iowa, insurance agent has been charged with multiple felony counts after state officials say he collected thousands of dollars in premiums for nonexistent insurance policies after his license was revoked. The Iowa Insurance Division said Adam …
