An investment by a Silicon Valley private equity firm and its Canadian partner is propelling a major expansion of London-based Davies into the U.S. insurance services sector, including claims management. Davies has acquired 17 insurance-related businesses since HGGC of Palo …
A panel of federal judges has decided against consolidation of hundreds of lawsuits seeking coverage for coronavirus-related business interruption claims against major national insurers Travelers, The Hartford, Cincinnati Insurance and Lloyd’s. The insurers had opposed consolidation; some plaintiffs sought the …
The U.S. Agriculture Department announced Monday it will close nearly 260 offices nationwide, a move that won praise for cutting costs but raised concerns about the possible effect on food safety. Agriculture Secretary Tom Vilsack said the goal was to …