Trucordia Acquires Virginia’s Richard King Agency December 17, 2024 Insurance brokerage Trucordia reports that its most recent acquisition is the Richard King Insurance Agency, a family-owned brokerage firm in...
Deloitte Faces Class Action Lawsuits Over Rhode Island Cyber Breach December 17, 2024 By Andrew G. Simpson Deloitte Consulting has been hit with class action lawsuits over the cyber breach of Rhode Island’s portal for state-administered benefits...
Meta Settles With Australia’s Privacy Watchdog Over Cambridge Analytica Lawsuit December 17, 2024 Meta Platforms has agreed to a A$50 million settlement ($31.85 million), Australia’s privacy watchdog said on Tuesday, closing long-drawn, expensive...
Ex-West Virginia School System Official Charged With Stealing $3.4 Million December 17, 2024 By John Raby CHARLESTON, W.Va. (AP) — A former maintenance director of a southern West Virginia county school system was charged in a...
Toyota to Add $922M Paint Facility at Large Kentucky Complex December 17, 2024 GEORGETOWN, Ky. (AP) — Toyota plans to build a new paint facility as part of a $922 million investment at...
Becton Dickinson to Pay $175 Million to Settle SEC Probe December 17, 2024 By Lydia Beyoud Becton, Dickinson & Co. has agreed to a $175 million fine over Securities and Exchange Commission claims it repeatedly misled...
ConnectUW Holdings Opens for Business at Lloyd’s December 17, 2024 ConnectUW Holdings, the parent company of Connect Underwriting and other specialist reinsurance MGAs, announced it will take ownership of Lloyd’s...
DAC Beachcroft Expanding Into US With 2 New Offices December 17, 2024 Law firm DAC Beachcroft said it is expanding into the U.S. with offices in New York and Los Angeles. Insurance...
AXIS to Transfer $2.3B of Reinsurance Reserves to Enstar in Boost to Specialty Focus December 17, 2024 AXIS Capital Holdings Ltd. and Enstar Group Ltd. announced they have entered into a loss portfolio transfer (LPT) reinsurance agreement,...
People Moves: Arch Insurance Taps Symenouh From Tokio Marine as Senior Cyber Underwriter; Chubb Promotes Latter to Lead Claims for Overseas General Insurance December 17, 2024 This edition of International People Moves details appointments at Arch Insurance and Chubb Overseas General. A summary of these new...