Three people were convicted of manslaughter Friday in the 2015 East Village building explosion that killed two men. They also were found guilty in Manhattan state Supreme Court of assault charges for injuries to 13 people in the massive blast …
Arthur J. Gallagher & Co. announced its captive and alternative risk transfer solutions subsidiary, Artex Risk Solutions Inc., has completed its purchase of Bermuda-based Horseshoe Insurance Services Holdings Ltd. Financial terms of the deal, which was first announced in October …
A New Hampshire woman has pleaded guilty to sending 12 letters demanding nearly $400,000 in compensation from restaurants and food companies after producing fake medical records saying she became seriously ill after eating their food. Forty-nine-year-old Jacqueline Masse, of Hampton, …
Walmart has agreed to change its national policy for reassigning disabled workers to settle a lawsuit brought by the U.S. Equal Employment Opportunity Commission in Maine. The settlement requires Walmart to offer disabled workers a vacant position in up to …
An increase in M&A activity in today’s challenging economic environment is driving significant growth in demand for M&A insurance products, according to a report published by Aon. Aon’s report finds that following a decline in M&A activity after the 2008 …
The Hanover Insurance Group has launched Hanover Financial Institutions Advantage, a new offering that provides small to mid-sized asset managers and depository institutions with coordinated property, casualty, management and professional liability coverages. The Hanover Financial Institutions Advantage comprehensive product suite …
Daimler has taken a “reality check” on self-driving “robotaxis,” acknowledging that making them safe is proving harder than first thought amid questions over their future earnings potential. Chief Executive Ola Kaellenius told journalists on Thursday Daimler would “rightsize” its spending …
Anger over devastating California wildfires sparked by Pacific Gas & Electric power lines is coming to a head – in a beer. And an outcry is brewing. Steve Doty, owner of Shady Oak brewery in Santa Rosa, announced a new …
Allianz Global Corporate & Specialty SE (AGCS) and Allianz Deutschland AG announced leadership changes that will take effect from Dec. 1, 2019, subject to regulatory approval. Joachim Müller, currently CEO of Allianz Versicherungs-AG (the property & casualty insurer of Allianz …
A cyber attack on computer networks of the Mexican national oil company Pemex is “totally under control” and did not have any negative consequences, Security Minister Alfonso Durazo said on Thursday. The attack was first detected on Sunday and over …
