Insurance

Ping An Insurance (Group) Co. of China Ltd. reported on Monday a 36.1% rise in net profit in the first nine months of the year, driven by growing investment returns and new policies sold as the economy recovers. The insurance …

Floods engulfed parts of north-central Italy from overflowing rivers following days of heavy rain, prompting the state-led road operator to close some expressways. Severe flooding was seen in the region of Emilia Romagna on Sunday. One person was reported missing, …

Data storage provider Western Digital must pay $315.7 million in damages for violating a patent owner’s rights in data security technology, a jury in California federal court said on Friday. The jury determined that several Western Digital self-encrypting hard drive …

Sustainable investments in emerging markets are facing a reckoning as environmental, social and governance strategies crumble under the weight of ongoing capital outflows and the appeal of higher-yielding energy bonds. ESG investments in developing nations have floundered over the course …

Walmart said Friday it has reached a proposed settlement pact related to three lawsuits filed by shareholders on behalf of the company over the handling of prescription opioids. According to the terms of the settlement that were disclosed in a …

We are disappointed but unsurprised that an insurance industry lobbyist would mischaracterize an emergency order meant to stop insurance abuses as a “rule on public adjusters.” As Insurance Journal itself made clear in an Oct.10 story that does not even …

The issuance of Florida’s Emergency Rule 69BER24-4, in response to hurricanes like Milton, represents a significant shift in regulating public adjusters and their activities. While some plaintiff attorneys and some adjusters initially celebrated the rule as a victory, a deeper …

The Arkansas Insurance Hall of Fame honored five inductees and awarded seven scholarships to insurance students at its annual banquet in Conway on Oct. 17. The banquet was held on the campus of the University of Central Arkansas. The 2024 …

Family Fresh Harvesting, LLC, a farm labor contractor which provides temporary H-2A visas to agricultural workers at nurseries in Michigan and farms in Georgia, entered into a conciliation agreement with the U.S. Equal Employment Opportunity Commission (EEOC) to resolve a …

AKRON, Ohio (AP) — A family is settling a wrongful death lawsuit against Ohio police who fired 94 bullets at a Black man during a chase two years ago. Jayland Walker’s family and the city of Akron reached an agreement …