Insurance

MINNEAPOLIS (AP) – A new lawsuit accuses the city of Minneapolis of discrimination by lax housing code enforcement, especially for rental properties in a part of the city with high populations of people of color. The lawsuit was filed last …

Alera Group announced the acquisition of Rick Young Insurance, an insurance agency offering employee benefits services including health insurance, life insurance, Medicare and Medicaid redetermination. Rochester Hills, Michigan-based Rick Young Insurance offers personalized employee benefits services. This includes tailored health …

Panama has been removed from the gray list of financial crime watchdog FATF, a register which includes countries deemed to be doing too little to combat money laundering, according to a government statement on Friday. The Central American country’s first …

Hurricane Otis is expected to be one of the costliest natural catastrophe events in Mexico’s history with initial economic losses expected to top US$10 billion, according to Gallagher Re. Further, insured losses are expected to run into the billions of …

Shenzhen Shouhui Technology Group Ltd., a Chinese online insurance platform, is considering an initial public offering in Hong Kong as soon as next year, according to people familiar with the matter. China International Capital Corp. and Huatai Securities Co. are …

Boeing Co said on Oct. 27 that it was assessing a claim made by the Lockbit cybercrime gang that it had “a tremendous amount” of sensitive data stolen from the aerospace giant that it would dump online if Boeing didn’t …

A U.S. labor board on Oct. 26 issued a final rule making it easier for workers and unions to hold companies liable for labor law violations by their franchisees and contractors, reviving an Obama-era standard heavily criticized by trade groups. …

A Philadelphia jury on Friday found Bayer AG liable in a case brought by a retired restaurant owner who claimed his cancer was due to exposure to the company’s Roundup weed killer, and ordered Bayer to pay him $175 million …

South Carolina in 2022 saw a record number of complaints about insurance fraud, and has almost matched the number through the first 10 months of this year. And some state lawmakers are now looking into the reasons for the increase. …

Universal Insurance Holdings, after discontinuing more than 160,000 policies over the last two years, now sounds like it’s ready to start growing again in its home state of Florida. “As we move forward, we’re more confident in the Florida market, …