India Plans to Let Foreign Investors Hold 20% Stake in Life Insurance Corp.’s IPO October 8, 2021 By Shruti Srivastava India is considering a proposal for foreign investors to own as much as 20% in Life Insurance Corp., according to...
Tokyo Jolted by Strongest Earthquake Since 2011, With Injuries Reported October 8, 2021 A magnitude 5.9 earthquake struck near Tokyo late Thursday, rattling parts of the capital the most since the March 2011...
Ex-Homeless Shelter Head in Massachusetts Charged with Stealing $1.5M October 8, 2021 The former head of a Massachusetts homeless shelter stole about $1.5 million in part by secretly renting properties he owned...
Town Approves $11M to End Race Discrimination Claims October 8, 2021 Residents of Brookline, Massachusetts, have approved $11 million to end a years-long legal battle with a firefighter who said he...
U.S. Supreme Court Allows Lawsuit Against Troopers to Proceed October 8, 2021 The U.S. Supreme Court declined to hear an appeal by two state police officers accused of failing to protect a...
The Cable Guy Is Not a Construction Worker, Florida Court Says October 8, 2021 By William Rabb The Florida Supreme Court on Thursday handed down no insurance-related opinions in its regular weekly posting and did not report...
German Insurtech Getsafe Raises Another $63M for Full Insurance License October 8, 2021 Getsafe, a digital MGA based in Germany, raised another $63 million in funds, with plans to use the added cash...
What’s New in Agency E&O? Participate in This Year’s Survey Today October 8, 2021 Insurance Journal invites buyers of agency errors and omissions insurance to participate in this year’s Agency Errors & Omissions Survey....
Insurers Could Owe $80M to Investors Suing Over 2016 Willis Merger With Towers Watson October 8, 2021 By Jim Sams Seven insurers that shared the risk for directors and officers policies sold to Towers Watson may have to pay up...
Hub International Acquires Quebec’s H.W. Hollinger (Canada) October 8, 2021 Hub International Ltd., a Chicago-based insurance broker and financial services firm, announced it has acquired H.W. Hollinger (Canada) Inc. Terms...