Alera Group acquired West Michigan Insurance Inc., a Property & Casualty insurance agency based in Grand Rapids, Michigan, with office locations in Shelby, Michigan, and Hart, Michigan. Founded in 1924, West Michigan Insurance brings a vast array of insurance and …
The Department of Justice is changing its policy around a controversial anti-hacking law, addressing longstanding complaints from cybersecurity researchers that the law could criminalize good-faith efforts to improve technology. The Computer Fraud and Abuse Act, or CFAA, is a federal …
To counteract rising construction material costs that have increased about 26.7% the first four months of 2022, personal and commercial property insurers will continue to gradually increase rates, said Moody’s Investor Service. The rating agency said insurers have been “raising …
Allianz has acquired a 51% stake in Jubilee General Insurance Co. of Tanzania Ltd. from Jubilee Holdings Ltd. (JHL) and the Aga Khan Fund for Economic Development (AKFED). JHL will retain a 15% stake and six minority shareholders will maintain …
Recent moves by two Florida insurers to limit litigation and restoration expenses – and regulators’ approval of those policy endorsements – have met with a constitutional challenge from contractors. One Florida law professor said the suit is likely to see …
Oregon remains poised to see a potentially “challenging” wildfire season this summer, despite a wet and cool spring in much of western Oregon, one of the state’s top fire watchers said Monday. The rain and snow have helped to push …
Twenty people per day were hit and killed by drivers in the U.S. last year, according to an analysis by the Governors Highway Safety Association (GHSA). Using the latest data available to project the number of pedestrian deaths in each …
An S&P Dow Jones Indices executive told Reuters on Wednesday it has removed electric carmaker Tesla Inc. from the widely followed S&P 500 ESG Index because of issues including claims of racial discrimination and crashes linked to its autopilot vehicles, …
A New Jersey company cannot enforce an arbitration provision in an agreement signed by a 15-year-old minor who misrepresented his age to gain access to its commercial trampoline park. The Superior Court of New Jersey Appellate Division held that the …
Ford Motor Company said Thursday it was recalling 39,000 SUVs after reports of 16 fires, and has advised owners to park their vehicles outdoors and away from structures until a fix is completed. The recall, which covers some 2021 model …
