UK’s Thames Water Seeks Deal to Escape £104 Million Sewage Fine August 6, 2024 By Jessica Shankleman Cash-strapped Thames Water is seeking to strike a deal with its regulator to avoid a fine of £104 million ($133...
New Hampshire’s HPM Insurance Acquires Insurance Savers August 6, 2024 HPM Insurance of Amherst, New Hampshire reports it has acquired Insurance Savers Agency, a personal and commercial lines agency with...
Removing US Subsidies Curbed Building in Climate Risk Zones, Study Finds August 6, 2024 By Leslie Kaufman The US Congress passed the Coastal Barrier Resources Act in 1982 to preserve relatively undeveloped waterfront areas as natural buffer...
Singapore Monetary Authority Defends Allianz’s $1.7B Plan to Buy Income Insurance August 6, 2024 By Elffie Chew and Andrea Tan Singapore ministers addressed concerns about Allianz SE’s plan to buy a majority stake in Income Insurance Ltd., saying it would...
Fed Policymakers Signal Rate Cuts Ahead, But Not Recession August 6, 2024 By Lindsay Dunsmuir and Ann Saphir U.S. central bank policymakers pushed back on Monday against the notion that weaker-than-expected July jobs data means the economy is...
Berkshire Halves Apple Stake, Boosts Cash to $277 Billion As It Gets ‘Defensive’ August 6, 2024 By Jonathan Stempel Warren Buffett appears to have soured on stocks, letting cash at Berkshire Hathaway soar to nearly $277 billion and selling...
Travelers: Costliest Claims Driven by Most Common Workplace Accidents August 6, 2024 Analysis of 1.2 million workers compensation claims reveals the costliest claims are driven by the most common workplace accidents, according...
US Expected to Propose Barring Chinese Software in Autonomous Vehicles August 6, 2024 By David Shepardson The U.S. Commerce Department is expected to propose barring Chinese software in autonomous and connected vehicles in the coming weeks,...
Georgia Woman Charged with Insurance Fraud After Claimed Injuries August 6, 2024 A woman in north Georgia has been charged with insurance fraud after she claimed that a “personal care device” caused...
From the Plaintiffs’ View: Unintended Consequences of SB 426 on Georgia Insurance August 6, 2024 By Ted Spaulding For decades, Georgia’s insurance industry has sought to eliminate the long-standing provision allowing trucking-accident plaintiffs to sue insurance companies directly....