Insurance

Proctor Financial, Inc., an insurance company based in Troy, Michigan that provides insurance products for residential and commercial properties, will pay $67,000 to settle a retaliation lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC). According to the EEOC’s …

A former bus driver for the Niagara Frontier Transportation Authority (NFTA) has been sentenced to five years of probation for fraudulently obtaining workers’ compensation benefits by misrepresenting her injuries. She must also pay full restitution to the NFTA for money …

State officials warned residents Wednesday to prepare their homes and vehicles for the coming freeze while trying to reassure on-edge Texans that the electric grid will stay online. Temperatures are expected to plummet Thursday into single digits — with even …

Howden, the international insurance broker, announced it has agreed to acquire Assimovie, the leading TV, film and advertising insurance broker in Italy. The transaction underlines Howden’s continued commitment to invest in expertise by creating a Sport and Entertainment specialty for …

Two women who say a nurse sexually assaulted them while they were unconscious in intensive care filed a lawsuit against the Colorado hospital where they were being treated, alleging the hospital’s management didn’t do enough to prevent the abuse. The …

China-based Nio Inc. said on Tuesday that hackers had breached its computer systems and accessed data on users and vehicle sales, in the latest hacking incident to hit the global auto industry. The hackers had sent an email to the …

ACORD recently conducted the U.S. Value Creators Study focused on the 100 largest property/casualty insurance groups in the U.S., representing nearly 90% of premiums written and almost 100% of the industry’s market capitalization – $9.1 trillion over the 20 years …

A series of lawsuits beginning in South Carolina have detailed the alleged sexual abuse of at least 20 cheerleaders across six states. The anonymous plaintiffs have accused coaches, choreographers and others of illicit drug provision, child pornography solicitation and rape. …

Verisk, the global data analytics provider, has entered into an agreement to acquire Mavera, a Sweden-based insurtech firm that operates a personal injury claims management platform. Financial details of the transaction were not disclosed. This addition of the Nordics personal …

Global broker Arthur J. Gallagher & Co. has agreed to acquire the partnership interests of BCHR Holdings, L.P., which does business under the name Buck. Buck provides of retirement, human relations, and employee benefits consulting and administration services. The organization …