TPG’s Exactech Goes Bankrupt After Lawsuits Over Recalled Implant Devices October 31, 2024 By Jonathan Randles Exactech Inc., a maker of joint-replacement implants owned by TPG Capital, has filed bankruptcy after being accused in more than...
‘Pivotal’ Q3 Sees Insurtech Root Achieves Net Income Profit for the First Time October 31, 2024 By Chad Hemenway For the first time in the company’s history, Root Inc. recorded a quarterly net income profit. The Columbus, Ohio-based parent...
People Moves: Rivera Appointed CEO of Marsh McLennan LATAM/Caribbean, Brockman Named Chair; HDI Global Taps AGCS’s Strasser as Board Member for Specialty Lines October 31, 2024 This edition of International People Moves details appointments at Marsh McLennan Latin America and HDI Global. A summary of these...
Companies Boost Social and Climate Reporting Amid ESG Backlash October 31, 2024 By Ross Kerber Many U.S. companies have stepped up reporting on environmental and social matters in recent years even with sustained pressure from...
New York Reduces Workers’ Compensation Assessment Rate for 2025 October 31, 2024 New York employers will pay 22% less in the annual assessment to run the state’s workers’ compensation system in 2025....
Markets/Coverages: Howden Launches Cyber Solution With Chubb, LSM and Mosaic October 31, 2024 Howden, the London-based insurance intermediary group, announced the launch of Howden Safe+, a cyber insurance solution aimed at clients with...
Typhoon Kong-Rey Hits Taiwan as Shanghai Braces for Downpour October 31, 2024 Typhoon Kong-Rey made landfall in Taiwan packing dangerous winds, with Shanghai bracing for the heaviest November rain burst since 1981...
Spain Declares Three Days of Mourning as Storms Kill More Than 90 October 31, 2024 By Rodrigo Orihuela Spain declared three days of mourning as heavy rains killed more than 90 people, in what is already one of...
Online Insurer Waterdrop Mulls Secondary Listing in Hong Kong October 31, 2024 By Lulu Yilun Chen US-listed Waterdrop Inc. is looking at a secondary listing in Hong Kong as it seeks to expand its insurance business...
People Moves: Huntington Launches Insurance Focused Marketing Program October 31, 2024 Ted Huntington announced the launch of a new national coaching enterprise, dedicated to helping insurance marketing, communications, public relations, and...