Insurance News

A Japanese company has halted construction on a $1.6 billion factory in South Carolina to help make batteries for electric BMWs, citing “policy and market uncertainty.” While AESC didn’t specify

Walmart Inc. is adding drone delivery in five new cities in a bid to expand online sales and get goods to shoppers faster. The world’s largest retailer will start offering

AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of Midwest

The U.S. Supreme Court made it easier on Thursday for people from majority backgrounds such as white or straight individuals to pursue claims alleging workplace “reverse” discrimination, reviving an Ohio

New report shows most families lack a disaster plan As hurricane season commences, Allstate is intensifying its disaster response efforts and encouraging Americans to prepare for extreme weather events. The

Industry veteran steps in to strengthen risk oversight Standard Insurance Company (The Standard) announced the appointment of Nicola Barrett (pictured) as second vice president and actuary, actuarial governance and enterprise

Could a new tax break ease burdens for homeowners? Missouri lawmakers are currently debating a bill that could offer a measure of relief to homeowners and renters grappling with the

Move aims to strengthen pre-need insurance market Federal Life Insurance Co., backed by investment firm Bain Capital, has finalized its acq...  » Read More

Credit Suisse’s $440 million London lawsuit against Japan’s SoftBank Group Corp. kicked off on Thursday over losses linked to Greensill Capital, with the collapsed finance firm’s founder Lex Greensill expected

New Zealand Rugby agreed a sponsorship deal with Gallagher insurance that will give the US-based insurance brokerage naming rights on the playing kit of the All Blacks rugby team. Gallagher’s