Lenders to 777 Partners have accused it of fraud, claiming that the Miami-based investment firm borrowed against $350 million of assets that it didn’t own, didn’t exist or were already promised to someone else. Josh Wander, co-founder of 777 Partners, …

A new rule from Fannie Mae and Freddie Mac, if it stands, could throw a wrench into the property-casualty insurance industry’s move toward actual cash value for more homeowners and condo coverage. Starting June 1, the government-backed mortgage corporations, which …

Insurance broker Hub International Limited announced it has acquired the assets of William R. Cargill Insurance Agency, Inc. Terms of the transaction were not disclosed. Based in Topsfield, Massachusetts, Cargill Insurance is a family owned and operated insurance agency providing …

Bayer AG’s Monsanto unit persuaded an appeals court in Washington state to throw out a $185 million jury award to three former teachers at a Seattle-area school who blamed exposure to the firm’s toxic chemicals for their brain injuries. A …

A steel drum weighing thousands of pounds somehow rolled out of a construction site in Pittsburgh and eventually struck and killed a woman who was walking on a nearby sidewalk, police said. The accident occurred around 10:40 a.m. last Friday …

A bridge damaged in a fiery crash that kept Interstate 95 in Connecticut closed Thursday and Friday has been demolished. A live camera operated by the Connecticut Department of Transportation on Saturday showed excavators and bucket loaders scooping up rubble …

Hawaii Gov. Josh Green has formed a Climate Advisory Team (CAT) made up of experts and stakeholders to deal with the challenges of climate disasters and to build a roadmap for the state’s strategy to mitigate the financial impact of …

JM Wilson Hires Kemp as Transportation Renewal Underwriter JM Wilson, headquartered in Portage, Michigan, hired Corey Kemp as transportation renewal underwriter. Kemp is responsible for underwriting renewal commercial transportation accounts, corresponding with carrier underwriters and maintaining relationships with independent agents …

Want further proof the cannabis industry is no longer the “red-headed stepchild” it is too often viewed as? Just ask TJ Frost? Frost is president of Symphony Grow, which recently launched a captive program that Frost seed as evidence that …

Massachusetts’s highest court on Monday weighed whether ballot proposals that would redefine the relationship between app-based companies like Uber Technologies and Lyft and their drivers should be allowed to go before voters in November. Massachusetts Supreme Judicial Court justices expressed …

Leif Assurance, headquartered in St. Louis, hired Kristine Sills as a commercial lines account executive. Sills’ responsibilities include managing new business acquisitions, as well as handling the renewal process for existing clients. Sills has more than 12 years of insurance …

Attorneys for more than two dozen Iowa and Iowa State athletes who were ensnared in a state gambling sting filed a civil lawsuit seeking unspecified monetary damages from the state and its public safety and criminal investigation agencies for violating …

HOUSTON (AP) — High waters flooded neighborhoods around Houston on Saturday following heavy rains that have already resulted in crews rescuing more than 400 people from homes, rooftops and roads engulfed in murky water. Others prepared to evacuate their property. …

USI Insurance Services announced the acquisition of Odessa, Texas-based Hignojos Insurance Agency. Founded in 2009, Hignojos Insurance Agency is an independent brokerage firm specializing in commercial and personal risk insurance programs. Terms of the transaction were not disclosed.

Google and the U.S. Justice Department wrapped up closing arguments on Friday over claims that the Alphabet unit has unlawfully dominated web search and related advertising, in a case the government contends could shape the “future of the internet.” U.S. …

Major oil companies, such as Exxon Mobil and Shell, that aim to exit Nigeria’s onshore oil can get quicker approval to do so if they take responsibility for spills rather than wait for authorities to apportion blame, the regulator said …

Starting in January, Georgia’s first responders will be eligible for limited, supplemental benefits to help cover treatment for post-traumatic stress disorder, after Gov. Brian Kemp signed House Bill 451 into law. The law requires municipalities and other jurisdictions to provide …

The US Securities and Exchange Commission warned Robinhood Markets Inc. that it faces an enforcement action over its crypto business — the latest sign that the regulator isn’t letting up on its years-long crackdown on digital assets. Robinhood, which is …

Maryland plans to rebuild the Francis Scott Key Bridge in just over four years at an estimated cost between $1.7 billion and $1.9 billion, a state transportation official said Thursday. The state plans to build a new span by fall …

GULFPORT, Miss. (AP) — A Mississippi city council member pleaded guilty to federal charges after running a multimillion-dollar illegal drug business, prosecutors said last week. Biloxi City Council member Robert Leon Deming, III, 47, reached a plea agreement with the …