Chinese Government Asks Anbang Insurance to Sell Overseas Assets: Sources July 31, 2017 When Anbang Insurance Group Co. agreed to buy New York’s iconic Waldorf Astoria hotel for $1.95 billion in 2014, the...
Broker THB Taps Botelho from Universal Seguros to Bolster Reinsurance Team July 31, 2017 THB, the London-based specialist insurance and reinsurance broker, announced the appointment of Rodrigo Botelho as director, European division, from Oct....
Dale Underwriting Gets Lloyd’s Approval to Set Up Special Purpose Arrangement July 31, 2017 Dale Underwriting Partners, managed by Lloyd’s third party managing agency Asta, announced it has been granted “in principle” approval by...
Fosun’s Chairman Supports Chinese Government Restrictions on Overseas M&A July 31, 2017 Billionaire Guo Guangchang, whose Fosun International Ltd. is under scrutiny by Chinese authorities over its foreign mergers and acquisitions, said...
Iowa Man Awarded $4.5M in Age Bias Lawsuit Against Hospital July 31, 2017 A jury has awarded $4.5 million to a former employee who sued an Iowa hospital for age bias and retaliation....
Wells Fargo’s Latest Scandal: Selling Customers Auto Insurance They Didn’t Need July 31, 2017 By Laura J. Keller Fraudulent bank accounts, bogus credit cards, compromised customer data and, now, unwanted car insurance. Wells Fargo & Co., it seems,...
At Labor’s Urging, House Bill to Speed Self-Driving Vehicles Exempts Trucks July 31, 2017 By Ryan Beene and Josh Eidelson Labor unions are urging a slowdown as lawmakers fast track legislation to allow self-driving vehicles on the road, a potential...
Honda Says Florida Crash Death May be Linked to Takata Air Bag Inflator July 31, 2017 By David Shepardson Honda Motor Co said on Thursday that a Takata airbag inflator ruptured in car crash in Florida, in what could...
7 Florida Homes Struck by Lightning During Severe Thunderstorm July 31, 2017 Lightning struck seven homes in Florida, causing extensive damage to at least two of them during a severe thunderstorm. Niceville...
Police Video: Florida Officer Told Venus Williams She Caused Fatal Crash July 31, 2017 By Terry Spencer A police officer told tennis star Venus Williams she likely caused a crash in Florida that fatally injured an elderly...