Insurance

The $4.3 million payment that Ohio-based FirstEnergy made to veteran lawyer and lobbyist Sam Randazzo in 2019, shortly before he was appointed as the state’s top utility regulator, is at the center of the latest criminal trial to get underway …

Six people aboard a private business jet registered to the same address as a prominent Houston law firm were killed on Jan. 25 when the jet crashed on takeoff in Bangor, Maine. Local officials on Tuesday named four victims. The …

Seventeen additional former N.C. State male athletes have joined a state lawsuit alleging sexual abuse under the guise of treatment and harassment by the Wolfpack’s former director of sports medicine, pushing the total number to 31 in a case that …

Zurich Insurance’s bid to buy British insurer Beazley will set the stage for further deals in the sector as buyers jostle for exposure to the lucrative specialty lines market, analysts, industry advisers and a broker said. London-listed Beazley said on …

Ryan Specialty, the international specialty insurance intermediary, announced the appointment of Stephen Stewart as chief executive officer of Ryan Specialty Canada Ltd., the newly formed Canadian operating and holding entity for Ryan Specialty’s underwriting management businesses in Canada. Stewart will …

Presumably, many insurers in the next couple of weeks will continue to announce very favorable quarterly and full-year earnings—the kind of numbers that could draw the attention of legislators and regulators. Asked his thoughts on the potential for the implementation …

Two years after a former University of California, Los Angeles, gynecologist was convicted of sex abuse and sentenced to 11 years in prison, an attorney working to prepare an appeal of the case stumbled across an astounding find for the …

British authorities investigating baby formula contamination said on Thursday there had been 36 likely cases of children developing symptoms consistent with poisoning from affected batches in the country. Nestle recalled some batches of its key infant nutrition products, including SMA, …

Two Southeastern states’ insurance commissioners this week posted sternly worded bulletins, warning property insurers about improper policy cancellations and claims denials. Following severe winter storms that swept across the South early this week, Commissioner Carter Lawrence and Tennessee Attorney General …

The captain of a container ship that crashed into a U.S. tanker off Britain’s east coast last year was jailed for six years on Thursday for causing the death of a crew member through gross negligence. Russian national Vladimir Motin, …