Risk Strategies Co. has acquired MacCorkle Insurance Service in Burlingame, Calif. The terms of the deal were not disclosed. Bernard Lauper, CEO, and Keith Fujishige, principal, will remain with the combined firm, as will their respective teams. MacCorkle provides health …
The recent volatility of China’s stock market is not expected to affect the ratings of domestic insurers, according to a new briefing issued by A.M. Best*. Putting the volatility into context, A.M. Best noted that the Shanghai Composite Index fell …
New York City reached a $5.9 million settlement with the family of an unarmed black man who died after being put in a choke-hold by a police officer. Eric Garner’s death in a confrontation over the sale of loose cigarettes …
ACE Group has launched ACE Moda TM, a packaged insurance product designed to cover the casualty and fire risks of companies in the fashion retail sector as it continues to develop its proposition for retail and luxury goods companies across …
W. R. Berkley Corp. announced the creation of Berkley Construction Professional Liability Underwriters to provide professional liability, pollution liability and protective coverages for contractors and project owners across all forms of non-environmental construction. Products will be available on both a …
Fans in box seats at Major League Baseball games might have less use for their gloves if Oakland A’s fan Gail Payne gets her way. Payne cited the estimated 1,750 fans a year who are struck by balls, mostly fouls, …
Stone Street Capital LLC sued a Manhattan law firm it retained to seek court approvals for structured settlements, claiming the firm gave them 76 fake judicial orders. The Maryland-based company, which purchases the rights to structured settlements from individuals in …
The city of Burlington, Vermont, and the Uber ride-hailing service have signed an agreement to allow Uber to temporarily operate in the city and at the airport, the mayor’s office announced on July 10. Under the interim agreement, which went …
Some of the largest home insurers in Massachusetts are raising premiums by about 9 percent to recoup what they paid out in claims for damage caused by last winter’s record-setting snowfall. The Boston Globe reports that the increases, much steeper …
As cannabis bans are relaxed in more U.S. states, the race is on to develop an instant roadside breathalyzer for police to test drivers who may be taking the “high” road. Vancouver-based Cannabix Technologies Inc., founded by a retired Royal …
