SACRAMENTO, Calif. — Nigerian nationals Quazeem Owolabi Adeyinka, 22, and Ayodeji Jonathan Sangode, 25, currently both residing in Maryland, were sentenced today to 26 months and 14 months in prison …
Insurance
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(Reuters) -Truist Financial is in talks to sell its insurance brokerage unit to private equity firm Stone Point for about $10 billion, news website Semafor reported on Monday, citing people …
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NEWARK, DE – On September 30, Newark police pulled over a vehicle after witnessing it performing donuts in the parking lot of the 896 Shops on South College Avenue. The …
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MORRIS COUNTY, NJ – The Morris County Prosecutor’s Office has announced the arrest of Christopher Angst, 48, of Long Valley, and Michael McFadden, 54, of New Milford, on charges related …
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(Reuters) – USI Insurance Services said on Monday that existing shareholder KKR plans to make a new equity investment of more than $1 billion to become the largest stakeholder. Private …
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(Reuters) -Hamilton Insurance Group said on Thursday it has confidentially filed for a U.S. initial public offering, at a time when there is growing momentum for deals involving insurance and …
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By Matt Tracy (Reuters) – Hurricane Idalia is expected to increase insurance costs for Florida commercial real estate (CRE), particularly owners of apartments and other multifamily properties already grappling with …
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‘It Is A Risky Proposition’: Homeowners Are Skipping Out On Insurance As Premiums Skyrocket Will Kessler on August 28, 2023 Some Americans are choosing to go without home insurance as …
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(Reuters) – U.S. insurance broker Marsh, a unit of Marsh & McLennan, said on Sunday that it would acquire Australia’s Honan Insurance Group, it said in a statement on Sunday. …
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(Reuters) -Australia’s Suncorp Group on Wednesday posted a sharp jump in full-year cash earnings and said it expects an improvement in margins in the medium term from higher renewal premium …
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By Kanishka Singh WASHINGTON (Reuters) – The U.S. House of Representatives Oversight Committee said on Tuesday it has opened a probe into the Federal Trade Commission’s (FTC) regulation of vision …
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BERLIN (Reuters) – A deadly earthquake in Turkey and Syria as well as tornadoes and hailstorms in the United States contributed to losses covered by insurance of $43 billion in …
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By Carolina Pulice and Kylie Madry MEXICO CITY (Reuters) – Mexico’s Grupo Financiero Banorte reported on Thursday a 14% increase in second-quarter net profit, hitting 13.09 billion pesos ($764.68 million) …
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LONDON (Reuters) – More than 40 aviation leasing firms, locked in a battle with insurers over who should bear up to $10 billion in costs for 400 jets stuck in …
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(Reuters) -U.S. President Joe Biden’s administration on Friday is expected to propose a new regulation cracking down on short-term health insurance plans, Politico reported, citing five Democrats with knowledge of …
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‘Best Impeachment Insurance’: DeSantis Says Biden Picked Harris As VP Because ‘No One Wants Kamala’ Harold Hutchison on June 22, 2023 Republican Gov. Ron DeSantis of Florida said Thursday that …
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(Reuters) – Insurance broker Acrisure has begun interviewing banks for an initial public offering next year which could fetch it a valuation of over $20 billion, a source familiar with …
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Here’s Why Insurance Titans Are Suddenly Fleeing California Jake Smith on June 13, 2023 California’s insurance regulator has blamed the decision of two insurance titans to no longer offer home …
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NEW YORK, NY – Manhattan District Attorney Alvin Bragg, Jr. announced on Thursday two indictments against Certified Public Accountant Steven Lyon for defrauding the New York State Insurance Fund (NYSIF) …
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(Reuters) -The U.S. Federal Deposit Insurance Corporation is planning to exempt smaller lenders from kicking in extra money to replenish the government’s bedrock deposit insurance fund, and instead saddle the …
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By Hannah Lang (Reuters) – A key U.S. banking regulator is set to publish a comprehensive overview of the federal deposit insurance system on Monday, teeing up fresh debate about …
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MINEOLA, NY – Sean O’Leary, 64, a Lake Success attorney, was arraigned Wednesday before Judge Norman Sammut on one count of Grand Larceny in the Second Degree for allegedly stealing …
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(Reuters) – Despite the second- and third-largest bank failures in U.S. history last month, the U.S. Federal Deposit Insurance Corporation remains on track to refill its deposit insurance fund ahead …
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HUDSON COUNTY, NJ – On Monday, two Jersey City men, Shelton Sutton, 36, and Kevin London, 36, have been arrested and charged with insurance fraud following an investigation by the …
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By Douglas Gillison and Pete Schroeder (Reuters) – The White House on Thursday moved to reassure the nation’s community banks that they would not have to foot a $23 billion …