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FTC Concerned About Privacy Protections in 23andMe Bankruptcy
The U.S. Federal Trade Commission is concerned about the potential sale or transfer of Americans’ personal information by 23andMe ancestry testing company which recently filed for bankruptcy, the agency’s chairman said on Monday. Any purchaser of 23andMe assets should agree …
POSTED MARCH 31, 2025 10:45 PM |
RYZE Acquires Missouri’s Acorn Claims
RYZE Claim Solutions, a full-service claims management provider, announced its acquisition of Acorn Claims, a Springfield, Missouri-based firm specializing in daily and catastrophe claims services nationwide. RYZE said the transaction further supports its position in the industry, reinforcing its commitment …
POSTED MARCH 31, 2025 4:45 PM |
Trial to Determine Who Will Pay $600M in Norfolk Southern Ohio Derailment
Norfolk Southern wants two other companies to help pay for the $600 million class-action settlement it agreed to over its disastrous 2023 train derailment near the Ohio-Pennsylvania border and the toxic chemicals that were released and burned. The railroad filed …
POSTED MARCH 31, 2025 4:40 PM |
Severe Storms Ravage South Texas, Leaving 3 Dead and Hundreds Stranded
Drenching rain along the Texas-Mexico border let up Friday, but rescues were still ongoing a day after severe storms trapped residents in their homes, forced drivers to abandon their vehicles on flooded roads and shut down an airport. Local officials …
POSTED MARCH 31, 2025 4:37 PM |
Young Agents: Last Chance to Share Your Thoughts on Insurance Industry
Are you a young insurance agent, 40 years old or younger? Do you know a young insurance agent? This is the final call for participating in this year’s Young Insurance Agents Opinion Survey! The deadline for participating is April 1. …
POSTED MARCH 31, 2025 4:36 PM |
Oklahoma Lawmaker Seeks Statewide Ban on Sewage Sludge Use
When Leslie Stewart moved to her home in a rural expanse of Lincoln County outside of Oklahoma City more than 20 years ago, she thought she’d found a slice of heaven. In a town of fewer than 700 people, her …
POSTED MARCH 31, 2025 4:24 PM |
AIG Can Continue Trade Secret Theft Allegations Against Dellwood
About a year into the litigation between American International Group and startup Dellwood Insurance Group, a federal judge will allow much of AIG’s lawsuit to proceed against its newest potential competitor in the excess and surplus market. Judge Evelyn Padin …
POSTED MARCH 31, 2025 4:17 PM |
EU Agencies Seek to Cut Red Tape in €1.2 Trillion ABS Market
European financial authorities are exploring ways to streamline oversight of the €1.2 trillion ($1.3 trillion) asset-backed securities market and simplify reporting requirements, according to a report that offers recommendations for policymakers. The region’s banking, insurance and securities supervisory bodies are …
POSTED MARCH 31, 2025 3:53 PM |
MS Amlin Opens Australia Branch, Taps Aon Re Exec as Head of Australia, New Zealand
MS Amlin, the Lloyd’s global re/insurer, announced the opening of an Australian branch office in Sydney, subject to Lloyd’s approval. Leading the branch office is Matt Botfield who has been named head of Australia and New Zealand. The office will …
POSTED MARCH 31, 2025 3:43 PM |
Conduit Re CEO Carvey to Retire; Company Announces Plans to Buy More Retro Cover
Conduit Re’s Chief Executive Officer Trevor Carvey has a decided to step down and retire with effect on April 11, according to the reinsurer’s parent company CHL. At the same time, the company announced a trading update with a stated …
POSTED MARCH 31, 2025 3:05 PM |
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