Latest Bloomberg Headlines
All the headlines from our Bloomberg Topic Page, ordered by recency.
COVID-19 Cases Are Dropping, but Many UK Employees Still Opt to Work From Home
Feb 8 2022 // With pandemic restrictions in the UK largely gone, offices are getting busier. Yet vast numbers of desks still remain empty. Even with COVID-19 case numbers flat or falling in the UK, U.S. and much of Europe, many...
Colonial Pipeline Paid Hackers Nearly $5 Million in Ransom: Bloomberg
May 13 2021 // Colonial Pipeline Co. paid nearly $5 million to Eastern European hackers on Friday, contradicting reports earlier this week that the company had no intention of paying an extortion fee to help restore the country’s...
Chubb Explores Acquisition of $22 Billion Rival Hartford: Bloomberg
Mar 18 2021 // Chubb Ltd., the global insurer led by Evan Greenberg, is exploring an acquisition of Hartford Financial Services Group Inc. in what could be one of the industry’s biggest deals in years, people familiar with the...
Insurtech Hippo in Talks to Go Public via Merger With SPAC: Bloomberg
Feb 7 2021 // Hippo, an insurance technology startup, is in talks to go public through a merger with a special purpose acquisition company, according to people with knowledge of the matter. The transaction with Reinvent Technology...
CoStar and Warburg Are Said to Be Competing to Buy CoreLogic: Bloomberg
Jan 22 2021 // CoStar Group Inc. and a private equity group led by Warburg Pincus are the final bidders competing for data provider CoreLogic Inc., according to people familiar with the matter. CoreLogic, which is evaluating the offers,...
Many Californians Being Left Without Homeowners Insurance Due to Wildfire Risk
Dec 4 2020 // Acquiring home insurance has long been a mundane but necessary chore. In California, for hundreds of thousands of residents, it’s turned into a labyrinthine quest that leaves people with expensive, bare-bones...
Allstate Hires Only Banks Owned by Minorities, Women, Veterans for Big Bond Sale
Nov 20 2020 // Allstate Corp. hired solely banks owned by minorities, women or veterans for its bond sale, in the biggest corporate deal yet managed only by diverse firms. The insurer enlisted Loop Capital Markets, Academy Securities,...
Voters OK’d Local Measures to Fight Climate Change
Nov 5 2020 // Local governments are increasingly taking it upon themselves to address climate change. Denver voters on election day passed Measure 2A, which would raise city sales tax by 0.25% starting in January with the goal of...
Rebuilding in Wildfire Zones: A One-Stop Shop for Wildfire Victims
Oct 6 2020 // California is on fire. Already this year, thousands of people have lost their homes, and communities are struggling to figure out how to rebuild. Nikki Pechet wants to be the person they turn to. Pechet co-founded...
Increasingly Popular Industrial Robots Are Vulnerable to Cyber Attacks, Report Warns
Aug 6 2020 // Industrial robots are now being used to assemble everything from airplanes to smartphones, using human-like arms to mechanically repeat the same processes over and over, thousands of times a day with nanometric...
Finland’s Sampo Oyj Explores Cash Offer of UK Insurer Hastings
Jul 30 2020 // Finnish insurance group Sampo Oyj is exploring an entry into the UK market with a potential bid for general insurer Hastings Group Holdings Plc. Sampo and Hastings’s biggest shareholder, Rand Merchant Investment...
Biden’s Reanimated Campaign Drives $48 Billion Gain for Health Insurers
Mar 5 2020 // Health insurers added about $48 billion in market value and led U.S. stock market gains on Wednesday after Joe Biden’s once-faltering Democratic presidential campaign was reanimated on Super Tuesday. The...
Insurance Unlikely to Cushion Coronavirus Losses – But There Are Exceptions
Mar 4 2020 // Don’t look for much relief from insurers to cushion losses from canceled events, travel disruptions and potential medical claims from the deadly Covid-19 virus that’s sweeping across the globe. The...
Firearm Purchaser Licensing Laws Linked To Fewer Fatal Mass Shootings
Feb 13 2020 // Firearm purchaser licensing laws that require an in-person application or fingerprinting are associated with an estimated 56 percent fewer fatal mass shootings in states that have them, according to a new study by...
Insurance Journal’s Top 10 Cyber Insurance Stories of 2019
Jan 10 2020 // An A.M. Best report released in June gave a comprehensive look at the state of the cyber insurance market for 2018, the most recent year data was available, stating that it has seen continued growth and underwriting...
Insurance Journal’s Top 10 Cyber Risk Stories of 2019
Jan 7 2020 // Cyber risks were cited as the top concern among businesses of all sizes in 2019, according to a Travelers report released in October. Of the 1,200 business leaders who participated in an insurer-sponsored survey, 55% said...
McDonald’s Has Friends in High Places in High-Stakes Labor Fight
Dec 12 2019 // In a television commercial that’s become part of the lore surrounding Donald Trump’s affinity for McDonald’s Corp., he embraced a purple, lumpy denizen of the fast-food chain’s...
China Pacific Eyes Swiss Re Stake but Real Target Might Be London Listing: Opinion
Nov 7 2019 // It’s a deal linking Shanghai and Zurich, but the real target looks to be London. China Pacific Insurance (Group) Co. is in talks to invest at least $2 billion in Swiss Re AG, Manuel Baigorri of Bloomberg News...
Vaping Safety Debate Between Researchers, Activists Intensifies with Mystery Illness
Nov 1 2019 // Portland State University chemistry professor David Peyton had never been attacked with such intensity. Peyton and a group of other chemists discovered almost five years ago that e-cigarettes could sometimes produce more...
Ping An Q3 Profit Jumps 50% on Higher Investment Returns, Bank Income
Oct 25 2019 // Ping An Insurance (Group) Co., China’s largest insurer by market value, said third-quarter profit jumped 50% thanks to higher investment returns and banking income. Net income rose to 31.9 billion yuan ($4.5 billion)...
