New Securities Class Actions Including M&As Down But SPAC-Related Suits Up August 2, 2021 Plaintiffs filed 112 new securities class action lawsuits in federal and state courts in the first half of 2021, down...
New England Flash Flooding Leads to Home Rescues, Washed Out Roads August 2, 2021 Heavy, continuous rain in parts of northern New England led to flash flooding, washed out roads and a few home...
Eight Tornadoes Confirmed in New Jersey, Pennsylvania During Storms August 2, 2021 The National Weather Service has confirmed eight tornadoes in Pennsylvania and New Jersey during Thursday’s storm, including the EF-3 storm...
Virginia Judge Upholds Liberty University’s Suit Against Falwell August 2, 2021 A Lynchburg judge has upheld most of a lawsuit Liberty University filed against its former leader, Jerry Falwell Jr., after...
People Moves: JLT Re’s González to Oneglobal LatAm; Aon’s Cousar to McGill and Partners in APAC; CFC’s Alsegard Leads Gallagher’s IP Practice August 2, 2021 This edition of International People Moves covers appointments at three London-based brokers: Oneglobal, McGill and Partners, and Gallagher A summary...
BMS Re Launches Bermuda Unit, Led by Former Alterra Executive Mullan August 2, 2021 BMS Re, the London-based independent reinsurance broker, announced the launch of BMS Re in Bermuda. Once necessary visa and regulatory...
CNA Overcame Cyber Attack to Finish Strong in Q2 August 2, 2021 CNA Financial Corp. (CNA) announced second quarter 2021 net income of $368 million versus $151 million in the prior year...
Aon’s Price Tag for Scrapped Deal to Buy Willis Rises to $1.4B August 2, 2021 Insurance broker Aon Plc said on Friday it could have to expend up to $400 million in additional costs tied...
NFP Acquires Dublin-Based P/C Broker Aiken Insurances August 2, 2021 NFP, a New York City-based insurance broker and consultant, announced it has acquired Aiken Insurances Ltd. (AIL). Financial details of...
France’s AXA Posts 180% Surge in 1st Half Net Income as XL Unit Swings to Profit August 2, 2021 AXA posted a 180% surge in first-half net income on Monday as the French insurer rebounded from a spike in...