Huntington Bancshares Incorporated, parent company of The Huntington National Bank, headquartered in Columbus, Ohio, appointed Angie Klett as president of Huntington Insurance, Inc. Current president Mary Beth Sullivan is retiring July 1 after nearly 20 years of service at Huntington. …

U.S. Federal Deposit Insurance Corporation Chairman Martin Gruenberg on Wednesday said he was deeply sorry for a toxic workplace culture and his own mistreatment of employees. Testifying before Congress, Gruenberg said he accepted the findings of an independent report that …

Specialty insurer CFC said it will be offering its admitted cyber insurance solution on Tarmika, an online quoting platform for independent agents. CFC enables agents to instantly quote and bind cyber insurance directly on the Tarmika platform, making it even …

The container ship that rammed into Baltimore’s Francis Scott Key Bridge in March lost power multiple times on both the day of the fatal accident and the day before, according to a preliminary report. The Dali, which sails under the …

MIAMI (AP) — Investigators located a boat believed to have fatally struck a 15-year-old girl off a south Florida beach and fled without stopping, while friends and family members mourned her loss. A funeral service for Ella Adler was held …

Florida authorities this week charged four people with falsifying injuries from an auto accident and attempting to defraud three insurance companies out of personal injury protection payments. Maria Campos, Isabella Mendez, Madison Martinez, and Krystal Arbona were charged with insurance …

Ardonagh Specialty announced it is naming its reinsurance business Price Forbes Re. The renaming of Inver Re in London and Bermuda and Equinox Re in the US follows the simplification of Ardonagh Specialty’s multiple brands in 2023, with Price Forbes …

Popular Indian spice brand MDH, under scrutiny for alleged contamination in some products, has since 2021 seen an average 14.5% of its US shipments rejected due to the presence of bacteria, a Reuters analysis of US regulatory data found. Hong …

The European Union’s securities watchdog confirmed on Tuesday final guidelines on when investment funds can label themselves as being “sustainable” without being accused of greenwashing. Trillions of dollars globally have flowed into investments that promote their green attractions, but regulators …

Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, announced it entered the excess cyber insurance market in Australia, enabling businesses to add a layer of risk management to their cyber towers. Australian brokers can now sell coverage …

Portions of Fort McMurray, Alberta, are being evacuated as a wildfire approaches the city, the unofficial capital of Canada’s oil sands industry that almost burned to the ground during a historic blaze eight years ago. The 11,000-hectare (27,000 acre) blaze …

South Africa’s President Cyril Ramaphosa signed into law on Wednesday a bill that aims to provide universal health coverage, hailing it as a major step in the journey towards a more just society although critics say they will challenge it …

Two Brazilian states have asked a court to more than double the amount that miners Vale and BHP, plus a jointly owned tie-up, must pay in damages for a 2015 deadly tailings dam failure, according to a legal document seen …

Britain’s Finance Ministry on Tuesday rejected a call to ban non-disclosure agreements (NDAs), which can be used to silence victims of sexual harassment and abuse, arguing that such clauses do not stop staff reporting concerns to authorities. A report on …

According to the Insurance Research Council (IRC), the average homeowners insurance expenditure has become less affordable for U.S. consumers over time. Looking at the the years 2001 to 2021—the latest year in which relevant data is available—homeowners spent about 2% …

Net written premium in the U.S. workers’ compensation insurance market grew by just 1% from 2022 to 2023, a far smaller percentage than most other property/casualty lines. However, the workers’ compensation line remains the most profitable segment, with a combined …

In the fight to ratchet down climate emissions and soothe the most dangerous effects of an overheating planet, one of the most withering setbacks in recent memory wasn’t delivered by the oil industry or coal excavators, but, rather, a group …

A man injured when he was hit by a car while he was operating a low speed Segway electric scooter is not entitled to personal injury protection (PIP) benefits under New Jersey’s no-fault auto insurance law, the state’s Supreme Court …

A jury in Philadelphia found Exxon Mobil Corp. liable for $725.5 million in damages due a former mechanic who claimed its petroleum products exposed him to benzene that caused his cancer, according to his lawyers. The jury found that the …

Hawaii lawmakers appropriated funds for more firefighting equipment and a state fire marshal after the deadliest U.S. wildfire in more than a century ripped through the historic Maui town of Lahaina and exposed shortcomings in the state’s readiness for such …