Insurance
IMF Slashes Global Outlook as White House Says Trade Talks Pick Up Pace
Worldwide economic output will slow in the months ahead as U.S. President Donald Trump’s steep tariffs on virtually all trading partners begin to bite, the International Monetary Fund said on Tuesday, as global finance chiefs swarmed Washington seeking deals with …
Read More UK’s Admiral Group to Sell Its US Insurer Elephant to J.C. Flowers
United Kingdom’s Admiral Group has agreed to sell its U.S. auto insurance business — Elephant Insurance Co. and Elephant Insurance Services— to the private investment firm J.C. Flowers & Co. for an undisclosed cash consideration representing approximately the net asset …
Read More Inszone Acquires Missouri’s Davidson Insurance Agency
Inszone Insurance Services announced its recent acquisition of Davidson Insurance Agency Group, LLC. Located in Missouri, Davidson Insurance Agency has proudly served local businesses, families, and individuals since its founding in 1970, building a reputation for personalized and comprehensive insurance …
Read More Lawsuits Against BP Over Health Impacts of Deepwater Horizon Cleanup Stalled in Court
Fifteen years after the Deepwater Horizon oil rig exploded off the Gulf Coast, killing 11 and sending 134 million gallons (500 million liters) of crude gushing into the ocean, the effects of the nation’s worst offshore oil spill are still …
Read More Communities Reeling From Deadly Tornadoes in Texas and Oklahoma
A slow-moving, active storm system brought heavy rain, large hail and tornadoes to parts of Texas and Oklahoma and left three people dead as severe weather warnings Sunday continue to threaten parts of the south-central and Midwest U.S. On Easter …
Read More Business Moves: Ignyte, Novacore Spin Off From NSM Commercial Business Sale
Ignyte and Novacore have launched following the recent sale of NSM Insurance Group’s U.S. commercial business to investment firm New Mountain Capital. Conshohocken, Pennsylvania-based NSM had said it would become two separate entities as a result of the sale, and …
Read More Easter Sunday Fire in Crowded Home in Queens, NY, Takes 3 Lives
Three people died and a fourth was critically injured early Easter Sunday when a fire tore through an overcrowded home in Queens, that had no evidence of a working smoke detector and had blocked stairs and exits, fire officials said. …
Read More BOE’s Greene Says US Tariffs Pose Disinflation Risks for UK
Megan Greene, one of the Bank of England’s most hawkish policymakers, said Donald Trump’s wave of global tariffs is more likely to weigh on prices in the UK than it is to stoke higher inflation. In an interview with Bloomberg …
Read More NJ Accuses Messaging App Discord of Exposing Kids to Violent Content, Predators
New Jersey Attorney General Matthew J. Platkin has filed a lawsuit against Discord, Inc. alleging that the messaging app provider is exposing kids to violent and sexual content and predators and has violated the state’s consumer protection laws. Platkin maintains …
Read More New Survey Shows Company Drivers Overwhelmed and Worried
As roads become more dangerous, 70% of company drivers say they worry about being killed or hurt in a collision or held liable for the damages. While 89% of company drivers rate their driving as good or excellent, less than …
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