Generali Increases Stake in Indian Non-Life Joint Venture May 9, 2022 Italy’s top insurer Generali said on Friday it had completed the acquisition of a 25% stake in its Indian non-life...
AGCO Ransomware Attack Disrupts Tractor Sales During U.S. Planting Season May 9, 2022 By Bianca Flowers and Nathan Gomes U.S. agricultural equipment maker AGCO Corp. said on Friday a ransomware attack was affecting operations at some of its production...
Another Florida Insurer Adds Binding Arbitration Endorsement Amid Losses May 9, 2022 By William Rabb Heritage Property & Casualty Insurance Co. reported more losses for the first quarter of 2022 and a spike in its...
New York City to Settle Lawsuit Over Wrongful Murder Conviction for $10.5M May 9, 2022 New York City will pay $10.5 million to settle a federal civil rights lawsuit filed by a man who spent...
Vermont Financial Services Regulator Pieciak Announces Run for State Treasurer May 9, 2022 By Andrew G. Simpson Vermont’s former chief financial services regulator, Mike Pieciak, announced last Friday that he is running to be state treasurer. Pieciak...
Rescuers Search for Survivors After Powerful Explosion at Havana Hotel May 8, 2022 By Andrea Rodriguez Relatives of the missing in Cuba’s capital desperately searched Saturday for victims of an explosion at one of Havana’s most...
Oklahoma Construction Company Faces $370,000 OSHA Penalty May 6, 2022 An Oklahoma construction company faces proposed penalties of $370,347 after a U.S. Department of Labor Occupational Safety and Health Administration...
Intuit to Pay $141 Million to Settle TurboTax Deception Claims May 6, 2022 By Jonathan Stempel Intuit Inc agreed to pay $141 million in restitution to settle claims by all 50 U.S. states and Washington, D.C.,...
Texas DWC Seeks Comments on Amendments to Death Benefits Rule May 6, 2022 The Texas Department of Insurance (TDI), Division of Workers’ Compensation (DWC) announced May 5 plans to amend 28 Texas Administrative...
AM Best Assigns Credit Rating to Nebraska’s Omaha National May 6, 2022 Omaha National Group, Inc., a tech-enabled provider of workers’ compensation insurance and payroll services, announced that AM Best has assigned...