Five publicly traded insurance brokers reported strong third quarter revenues, with their executives using adjectives such as “outstanding,” “terrific,” “excellent,” and “strong” to describe their companies’ financial performances. In a wrap-up of the brokers’ results, listed in descending order by …
Marsh & McLennan Companies Inc. gave notice of its intention to delist from the London Stock Exchange. Marsh & McLennan explained the action by saying that the majority of trading in the company’s securities occurs on the New York Stock …
General Motors’ autonomous vehicle unit, Cruise, is facing multiple federal investigations over its cars’ safety, including two incidents where the robot cars appeared not to yield to pedestrians in crosswalks, according to a U.S. regulator’s letter released on Friday. Cruise …
TOPEKA, Kan. (AP) – Kansas officials are calling a massive computer outage that’s kept most of the state’s courts offline for two weeks a “security incident” and, while they had not provided an explanation as of Wednesday, experts say it …
MINNEAPOLIS (AP) – A new lawsuit accuses the city of Minneapolis of discrimination by lax housing code enforcement, especially for rental properties in a part of the city with high populations of people of color. The lawsuit was filed last …
Alera Group announced the acquisition of Rick Young Insurance, an insurance agency offering employee benefits services including health insurance, life insurance, Medicare and Medicaid redetermination. Rochester Hills, Michigan-based Rick Young Insurance offers personalized employee benefits services. This includes tailored health …
President Joe Biden is directing the US government to take a sweeping approach to artificial intelligence regulation, his most significant action yet to rein in an emerging technology that has sparked both concern and acclaim. The lengthy executive order, released …
CNA Financial reversed a third quarter loss of $42 million in 2022 with net income of $258 million this year on higher investment income, positive underwriting income and lower catastrophe losses. The Chicago-based insurer said the combined ratio in its …
Electric utility Duke Energy plans to build a project to create clean energy using an end-to-end system to produce, store and combust 100% green hydrogen, in Florida. The new system, a collaboration between Duke, construction management and consulting firm Sargent …
The Tennessee Department of Commerce and Insurance will host a webinar Thursday, Nov. 2 to cover key changes in the state’s insurance license exam program. The Department said it has teamed up with Pearson VUE, a test administration firm, to …
