North Dakota to Receive $1.2M for Flood Mitigation Efforts

North Dakota is receiving $1.2 million in federal funds for flood mitigation efforts and home buyouts in Cass County. Members of the state’s congressional delegation announced the funding from the Federal Emergency Management Agency. The funds are to be used … Continue reading


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Rockford, Illinois, Settles Police Shooting Lawsuit for $1.1M

The city of Rockford, Ill.,  has reached a $1.1 million settlement with the estate of an unarmed black man who was fatally shot inside a church-run day care by two white police officers in 2009, according to officials. In a … Continue reading


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Arkansas Governor-Elect Names Kerr as Next Insurance Commissioner

Arkansas Gov.-Elect Asa Hutchinson has announced that state Rep. Allen Kerr will be the new state insurance commissioner. Allen Kerr Kerr has been a Farmers Insurance agent for more than 30 years and along with his wife owns the Allen … Continue reading


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Iowa’s Farmers Mutual Hail Insurance to Acquire John Deere Crop Insurance

Farmers Mutual Hail Insurance Co. of Iowa (FMH) announced it is acquiring Moline, Ill.-based John Deere Insurance Co. and John Deere Risk Protection Inc. The action is a result of Deere’s previously announced review of strategic options for the crop insurance business. … Continue reading


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Skadden, Gibson Dunn, Weil Advise on Visteon Stake Sale

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Insurer Philadelphia Cos. Counts Carbon Footprint

It’s no secret that many property/casualty insurers are tackling climate change on the back end through more sophisticated catastrophe modeling, calls for more resilient communities and pricing. But it seems to be a common misconception that the industry – like … Continue reading


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China Forms 1st Insurance Fund to Cap Financial Risk in Shadow Banking

China on Friday set up its first insurance fund for its $2.1 trillion trust industry in a move to reduce financial risk in shadow banking, the country’s banking regulator said. The fund, jointly established by China Trustee Association and 13 trust firms, will … Continue reading


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Anbang Expands Reach With Diverse Investments in China, Europe & US

Anbang Insurance Group Co., the Chinese insurer that’s buying New York’s Waldorf Astoria hotel, is expanding at home with investments from China Minsheng Banking Corp. to Financial Street Holdings Co. The insurer became the largest shareholder of Minsheng Bank with a 9.1 … Continue reading


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MetLife Considers Appeal of Systemic Risk Label

MetLife Inc., the biggest U.S. life insurer by assets, was labeled a systemically important financial institution by a council of regulators and said it will consider whether to sue the government over the decision. The Financial Stability Oversight Council voted … Continue reading


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IP Partner Involved in Client Dispute Leaves K&L Gates

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UFC Looks for Big Hitters to Batter Antitrust Suit

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Akin Gump Partner Helps Holocaust Survivors Win Reparations

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