December 12, 2024
A federal judge blocked Kroger Co.’s $24.6 billion acquisition of Albertsons Cos., finding the takeover would lessen competition for US grocery shoppers, in a ruling that marks a likely death knell for the deal. In a decision filed Tuesday, US …
December 12, 2024
Florida lawmakers established the Birth-Related Neurological Injury fund in 1988 to provide a no-fault remedy for parents of children with certain injuries incurred at birth, with an aim toward reducing the soaring cost of medical malpractice claims. But hospitals cannot …
December 12, 2024
Cascading failures involving a corroded steam pipe and a defective natural gas fitting caused a powerful explosion in 2023 at a Pennsylvania chocolate factory, killing seven workers when the company failed to evacuate, a federal safety board said Tuesday. About …
December 12, 2024
U.S. property/casualty insurers are positioned favorably heading into 2025, Fitch Ratings forecasted in its annual outlook report. Citing “a strong personal lines turnaround” and “resiliency following an above average hurricane season,” Fitch holds a neutral sector outlook for U.S. P/C …
December 11, 2024
Inszone Insurance Services announced the acquisition of Southerland and Associates, Inc., an agency based in Austin, Texas. The strengthens Inszone’s footprint in Texas, enhancing the company’s ability to provide personalized service and diverse insurance solutions to clients in the Lone …
December 11, 2024
Firefighters made some gains containing a raging wildfire that threatens Malibu, California, even as the burn area doubled in size in a day and high-wind warnings are forecast to persist through much of Wednesday. The Franklin Fire, which has burned …
December 11, 2024
Farmers Insurance said on Wednesday it will resume offering coverage for multiple lines of insurance in California to new customers. The lines include condominium, renters, umbrella, landlord, vacant and manufactured home. Many of the reopened coverage offerings had been temporarily …
December 11, 2024
Uber Technologies Inc. is asking New York City’s taxi regulator to reconsider proposed changes to commercial auto insurance requirements, saying they may unintentionally leave thousands of drivers in one of the company’s largest markets unable to insure their vehicles. Uber …
December 11, 2024
The Michigan Department of Insurance and Financial Services (DIFS) is urging residents to review their auto, home, and renters’ insurance policies to ensure they fully understand their coverage and have a plan to pay policy deductibles in the event of …
December 11, 2024
INDIANAPOLIS (AP) — Four women who accused Curtis Hill of drunkenly groping them at a bar when he was Indiana’s attorney general dropped their civil lawsuit against him hours before jury selection was set to begin on Monday. The women …