Insurance

When Paul C. Higginbotham founded his namesake insurance agency in 1948, he never could have imagined the Fort Worth, Texas company would grow into one of America’s top independent property/casualty agencies. Started as a personal insurance brokerage firm in Fort …

The US Supreme Court rejected a Johnson & Johnson appeal, leaving intact a $302 million award against the company for misrepresenting the risks of vaginal-mesh implants to California consumers. The rebuff is a victory for California, the first state to …

The U.S. Supreme Court on Tuesday began hearing arguments in a major case that could weaken a legal shield that protects internet companies from a wide array of lawsuits in a dispute involving YouTube and the family of an American …

A U.S. district judge has granted a motion for a temporary restraining order requested by Root Inc. against its former chief marketing officer to prevent him, his companies, or associates from selling or transferring any properties or possessions Root has …

A building collapse in Alaska evening killed one person and briefly trapped two others, including a victim who communicated with firefighters before being freed and transported to a hospital, officials said. The Anchorage Fire Department confirmed the death of one …

A power substation fire temporarily caused outages at the Oakland International Airport and left 50,000 customers around the east San Francisco Bay Area without electricity Sunday, Oakland fire officials said. The Oakland Fire Department responded to a fire on Pacific …

Georgia Power Co. has again delayed the projected startup for two new units at its Vogtle nuclear power plant near Augusta, saying its share of the costs will rise by an additional $200 million. Southern Co., the utility’s Atlanta-based parent, …

Three New York City firefighters were critically injured Friday in what the commissioner said was a “very close call” as wind-swept flames tore through a Staten Island duplex. They are alert and expected to survive, officials said. Firefighters rescued a …

Their billboards once plastered South Florida. Their contractors went door-to-door, offering expensive and much-needed upgrades to roofs, windows and air conditioning units — with no money down, no credit check needed. Ygrene Energy was the biggest player in a novel …

Brookfield Underwriting, the specialist Stockholm-based high net worth managing general agent, announced it has been acquired by Säkra, one of Sweden’s largest insurance intermediaries, which itself has just been acquired by private equity investment firm Cinven. Terms of the transaction …