Arthur J. Gallagher & Co. has acquired Fort Lauderdale-based John Galt Insurance Agency, expanding Gallagher’s presence in the beleaguered condominium and association market in Florida, the global insurance broker said in a news release. John Galt includes a commercial insurance …

Several industry groups sued US regulators to block recent overhauls to the Community Reinvestment Act, arguing the new rules meant to tackle redlining and boost lending to lower-income areas will actually discourage banks from lending. The American Bankers Association, U.S. …

In the insurance world, 2024 brings forth many challenges and transformative trends. From the escalating global risks, such as climate change and cyber threats, to the evolving role of insurers as societal safety nets, the industry is on the brink …

A U.S. appeals court on Monday refused to dismiss a Georgia doctor’s lawsuit claiming that Bayer AG’s Roundup weedkiller caused cancer, the latest setback in the German company’s efforts to fend off thousands of similar cases carrying potentially billions of …

The European Union needs to take into account its ambitious targets for solar power deployment before it considers any measures to curb imports of photovoltaic panels, wafers and other components, a senior EU official said on Monday. European Commissioner Mairead …

A Miami man posing as an insurance agent reportedly swindled at least eight people out of $29,000 by selling them fake auto insurance policies. That man, William Diehl, was arrested recently and charged with fraud and theft, Florida’s chief financial …

Inaccurate racial profiling data on traffic stops made by the Connecticut State Police was largely the result of data-entry mistakes and other mishaps, not an intentional effort by troopers to submit bogus information, according to a report by independent investigators …

Venbrook Group, LLC, based in Woodland Hills, Calif., named Brooke Norton Lais chief marketing officer. Lais will define the strategic direction and development of the company’s marketing, planning, and communication activities, working across the retail, wholesale, programs and claims services …

New Jersey is refusing to allow a shore town whose sand dunes have washed away in places to build a bulkhead to protect itself, ruling that no one is in imminent danger. The state Department of Environmental Protection told North …

Lex Greensill’s fraud and “conspiracy” with commodities tycoon Sanjeev Gupta should prevent the financier’s collapsed bank from making a $400 million claim, Zurich Insurance Group said in a London lawsuit. Greensill Bank AG’s administrators sued Zurich to recoup losses of …

The preliminary total damage and economic loss from the intense storms and record rainfall in California this week will be between $9 billion and $11 billion, according to AccuWeather estimates released on Monday. The atmospheric river hit California Saturday and …

J&M Industries, Inc., a manufacturing and distribution company based in Ponchatoula, Louisiana, has agreed to pay a former employee $105,000 to settle an age discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. According …