EU Set to Approve Aon-Willis Merger; More Concessions Unlikely: Reuters April 28, 2021 By Foo Yun Chee Insurance broker Aon is set to gain conditional EU antitrust approval for its $30 billion bid for Willis Towers Watson...
U.S. Supreme Court Hands Texas Insurers a Win in Air Ambulance Billing Battle April 28, 2021 A 2020 decision by the Supreme Court of Texas that limits workers’ compensation air ambulance payments to what is “fair...
Insurers Don’t Like New New Credit Scoring Ban in Washington, But Say They’ll Follow the Law April 28, 2021 The American Property Casualty Insurance Association said it insurers will following the law where it concerns Washington Insurance Commissioner Mike...
Security Firm ADT Accuses Rival Ring of Trademark Infringement Over Blue Signage April 28, 2021 Long-time home security firm ADT is suing rival upstart Ring alleging the newcomer is violating its trademarks by using signage...
Alera Group Acquires New Jersey’s Duryea Agency April 28, 2021 Alera Group, a financial services and risk management company, has acquired Duryea Agency, an insurance agency providing personal insurance and...
Officials Say New York School District Hit by Cyber Attack April 28, 2021 An Albany, New York-area school district is investigating a malware attack that forced students in grades 7 through 12 into...
Judge in California Tosses Suit of Man Who Alleged Jackson Molestation April 28, 2021 By Andrew Dalton A judge on Monday dismissed the lawsuit of a man who alleged that Michael Jackson sexually abused him as a...
P/C Insurance Firms Lead as Global Insurtech Investment Soars to $2.55B in Q1 April 28, 2021 Global investment in the insurtech sector reached a new quarterly high of US$2.55 billion during the first quarter of 2021....
New York Warns of Supply Chain Attack Dangers in Recent SolarWinds Report April 28, 2021 By Elizabeth Blosfield The next great financial crisis could come from a cyber attack. At least, that’s according to New York State Department...
Fairfax Commits $5 Million for COVID-19 Relief in India April 28, 2021 Fairfax Financial Holdings announced that it has made a commitment of US$5 million (approximately INR 37 crore) to fund initiatives...