Marsh McLennan Agency (MMA), a subsidiary of Marsh, announced that it signed agreements to acquire two Louisiana-based middle-market agencies, Querbes & Nelson (Q&N) and Louisiana Companies, doubling the firm’s presence in the state. Based in Shreveport, Q&N was founded in …

Turkey plans to fine a unit of SSR Mining Inc. after a landslide at its Copler gold mine and have the company cover the cost of removing millions of tons of waste, three government officials said. Anagold Madencilik, 80%-owned by …

The Connecticut Insurance Department has given Honeycomb Insurance approval to write policies statewide. Honeycomb offers customizable insurance coverage for apartment complexes, condominium associations, and single-family rental dwellings. The insurer promises technology-enabled and streamlined service, underwriting and pricing for commercial insurance …

German lawmakers will approve delayed legislation decriminalizing personal use of cannabis this week, paving the way for it to take effect on April 1, according to Health Minister Karl Lauterbach. The law, set to pass the lower house of parliament …

A move to revamp the state-backed property insurer of last resort into Florida’s main wind carrier, a plan dubbed “Citizens 2.0,” appears to have died in the Legislature this year. But other insurance-related bills are still alive, and the governor’s …

Vantage Group Holdings Ltd., the Bermuda-based insurer and reinsurer, is offering U.S. primary casualty in addition to its existing Bermuda and U.S. excess casualty products, continuing the company’s expansion of specialty insurance capabilities. Vantage said its new U.S. Primary Casualty …

Uber Technologies last Friday sued its drivers’ auto insurer for defense and indemnification regarding multiple lawsuits that are seeking to hold Uber vicariously liable for accidents involving some of its drivers in New York. Uber’s complaint cites 23 lawsuits that …

FTX investors sued Sullivan & Cromwell, accusing the law firm of aiding illicit schemes that helped advance a multi-billion dollar fraud before the crypto exchange’s collapse. Sullivan & Cromwell’s services “went well beyond those a law firm should and ordinarily …

Flying further improved its safety record last year, extending a long-term trend that’s set to continue despite quality lapses at Boeing Co. and maintenance setbacks in Russia, where sanctions have put decades of progress at risk. There were 124 fatalities …

Seafarers have the right to refuse to sail on ships passing through the Red Sea in a new industry agreement as the situation escalates and further vessels are attacked by Yemen’s Iran-aligned Houthis, a labor union and industry groups said …

Remote workers are more likely to be laid off or miss out on promotion opportunities than their peers who work in the office or in hybrid environments, potentially exposing employers to costly discrimination lawsuits. A January survey from Live Data …

Italy’s Fondazione CRT has increased its stake in insurer Generali around 2% after selling its entire holding in Italian bank Banco BPM last week, its chairman Fabrizio Palenzona said on Tuesday. “We are and will remain on the 2% threshold,” …

Truist Financial Corp. agreed to sell a majority stake in its insurance brokerage business to a group led by Stone Point Capital and Clayton Dubilier & Rice. The all-cash transaction values Truist Insurance Holdings at $15.5 billion, the companies said …

Amazon.com has joined rocket maker SpaceX and grocery chain Trader Joe’s in claiming that a U.S. labor agency’s in-house enforcement proceedings violate the U.S. Constitution, as the retail giant faces scores of cases claiming it interfered with workers’ rights to …

Businesses and homeowners will be familiar with insurers of last resort – the state-created, quasi-governmental organizations that provide property and liability coverage when the primary market won’t. These include windstorm underwriting associations or corporations in a number of states, a …

After back-to-back storms lashed the Northeast in January, rental properties Haim Levy owns in coastal Hampton, New Hampshire, were hammered by nearly two feet of water, resulting in hundreds of thousands of dollars in damage and causing him to evacuate …

Inszone Insurance Services acquired entertainment insurance agency Truman Van Dyke Co. Truman Van Dyke was founded by Truman Van Dyke Sr. and Truman Van Dyke Jr. Van Dyke Sr. transitioned from a silent film actor to an insurance agent, catering …

When firefighters arrived at a home in a Washington, D.C., suburb to investigate a report about a gas smell Friday night, they discovered a 500-gallon underground propane tank with a leak on the side of the residence. Shortly after they …

Two aviation experts who reviewed newly released photos and video of last week’s helicopter crash that killed a prominent Nigerian banker and five others said the flight likely should have been canceled because of poor nighttime weather conditions in Southern …

Donald Trump won’t face the corporate death penalty after all. A New York judge on Friday spared the ex-president that worst case punishment as he ruled in a civil case alleging Trump fraudulently misrepresented financial figures to get cheaper loans …