by lpiccitto | Oct 1, 2025 | Uncategorized
B.P. Marsh & Partners Plc, the specialist private equity investor, announced it has taken a minority stake in Oneglobal, the London-based retail and wholesale insurance broker, which is majority owned by PE firm J.C. Flowers & Co. The investment will …
by lpiccitto | Oct 1, 2025 | Uncategorized
Texas will no longer issue or renew commercial driver’s licenses to DACA recipients, refugees or people with asylum, the Texas Department of Public Safety announced Monday. Commercial driver’s licenses, or CDLs, are for driving vehicles for business purposes, such as...
by lpiccitto | Sep 30, 2025 | Uncategorized
Volkswagen AG lost an appeals case in Germany’s highest civil court over the shareholders’ approval of a settlement with former Chief Executive Officer Martin Winterkorn over his role in the diesel-emissions scandal that cost the company more than €30 billion...
by lpiccitto | Sep 30, 2025 | Uncategorized
Unless Congress reaches a compromise on funding by midnight, there will be no budget and the government will shut down—sending out waves of implications that will disrupt the insurance industry, according to AM Best. “The potential government shutdown coincides with...
by lpiccitto | Sep 30, 2025 | Uncategorized
Chinese hackers breached email servers of foreign ministers as part of a years-long effort targeting the communications of diplomats around the world, according to researchers at the cybersecurity firm Palo Alto Networks Inc. Attackers accessed Microsoft Exchange...
by lpiccitto | Sep 30, 2025 | Uncategorized
Private credit could be a “meaningful” transmission channel during the next crisis, amplifying a systemic shock to the financial system with negative repercussions for a broad range of investors, according to Fitch Ratings. The fast-growing asset class has already...