Taiwan’s Financial Services Firms Cut China Exposure by 20% to Record Low November 18, 2022 By Cindy Wang, Betty Hou and Chien-Hua Wan Taiwan’s financial institutions reduced their China exposure to a record low amid economic and political uncertainties, according to its top...
China’s Sunshine Insurance Gets Approval for $1 Billion IPO: Sources November 18, 2022 By Pei Li China’s Sunshine Insurance Group Co. has received approval from the Hong Kong stock exchange for an initial public offering that...
UK Government Pushes Forward With Long-Awaited Insurer Reforms November 18, 2022 By Katherine Griffiths and William Shaw After years of fraught debate between regulators, insurers and the Treasury, Jeremy Hunt confirmed Thursday that the government would push...
ID.me’s Claim on Scope of Unemployment Fraud Baseless, U.S. Congress Says November 18, 2022 By Paresh Dave Government contractor ID.me, which checks the identity of benefits applicants, had no basis for its claim that almost half of...
‘Wave’ of Lawsuits Over FTX Expected, but Investors Will Face Legal Hurdles November 18, 2022 By Jody Godoy A lawsuit by FTX account holders in the United States is likely the first of many that will be brought...
Florida Appeals Court Upholds Dismissal of 16 Auto-Glass AOB Suits vs. Progressive November 18, 2022 By William Rabb A Florida appeals court has upheld the dismissal of no fewer than 16 auto glass assignment-of-benefits lawsuits against Progressive Insurance...
New York Declares State of Emergency as Upstate Braces for Intense Snowstorm November 17, 2022 By Andrew G. Simpson New York Governor Kathy Hochul on Thursday declared a state of emergency for 11 counties as a winter storm is...
New Hampshire Body Shop Owner ‘Winging’ Own Case Beats State Farm in High Court November 17, 2022 By Jim Sams Collision repair shop owner Steve Piispanen didn’t hire an attorney because he considers them to be “not educated” when it...
Hilb Group Acquires Maryland’s Vinton Insurance Services November 17, 2022 The Hilb Group announced that it has acquired Towson, Maryland-based Vinton Insurance Services, building on the company’s growing presence in...
NHTSA Confirms New Ford Death Due to Faulty Air Bag Inflator November 17, 2022 By David Shepardson U.S. auto safety regulators on Thursday confirmed a new death tied to a defective air bag inflator in a 2006...