Alfa Insurance is moving into new headquarters in Montgomery, Alabama. But first, the space has to be renovated, the insurer said in news release last week. Alfa, one of the largest property insurers in Alabama, and its sister organization, the …
After $7M in Local Incentives, Alfa Launches Renovation of New HQ in Montgomery Read More »
ExxonMobil Corp. has sued California, arguing that two new state laws violate the First Amendment by trying to force it to agree to a certain climate viewpoint, and conflict with federal regulations. The lawsuit, filed Friday, alleges that the two …
ExxonMobil Sues California, Claims New Green Laws Violate Speech Read More »
Alabama has become the seventh state to adopt the “SLIP+ for States” reporting and payment platform for surplus lines data and taxes, starting in 2025. Surplus lines brokers who already have a SLIP+ login do not need to register for …
Alabama DOI Requiring Use of SLIP+ Platform for Surplus Lines Reporting Read More »
French authorities have arrested several suspects after a frantic manhunt for the men who staged a spectacular daytime heist at the Louvre museum that gripped the world and embarrassed the government in Paris. The Paris prosecutor’s office confirmed the arrests …
Suspects in Louvre Heist in Custody After Week-Long Manhunt Read More »
Hurricane Melissa strengthened further after pausing for most of Sunday south of Jamaica, with forecasters fearing the historic storm will lead to a humanitarian and economic disaster across the region. Melissa’s top winds reached 150 miles (240 kilometers) per hour, …
Hurricane Melissa Explodes in Strength, Poses Peril for Jamaica Read More »
HSBC Holdings said on Monday it will book a $1.1 billion provision in its third-quarter results after losing part of an appeal in a long-running lawsuit tied to Bernard Madoff’s Ponzi scheme. HSBC acted as a service provider to several …
HSBC to Take $1.1 Billion Hit After Luxembourg Court Ruling in Madoff Case Read More »
Hong Kong startup Stellerus aims to create a constellation of satellites to become the world’s first provider of three-dimensional wind data provided by the devices, according to the South China Morning Post. Stellerus, founded in 2023 by Hong Kong University …
HK Startup Aims to Launch Satellites for 3D Wind Data, SCMP Says Read More »
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of The Farmers Automobile Insurance Association, its wholly owned …
AM Best Revises Outlooks to Stable for Members of Illinois’ Pekin Insurance Group Read More »
A director at a company that sells computer vulnerabilities has been charged with stealing secrets to sell to an unspecified buyer in Russia, according to a court document and people familiar with the matter. Peter Williams was accused of stealing …
Hacking Lab Boss Charged With Seeking to Sell Secrets Read More »
U.S. Google users who won a $425 million jury verdict in a consumer privacy class action last month have asked a federal judge to force the Alphabet unit to forfeit an additional $2.36 billion in profits. The consumers in an …
Consumers Seek $2.36B From Google After Privacy Verdict Read More »
