ACE to Acquire Chubb in $28.3 Billion Deal July 20, 2015 By Andrew G. Simpson In a major transaction, ACE Limited has agreed to acquire The Chubb Corp. for $28.3 billion in cash and stock....
BP to Pay $18.7B Over 18 Years to Settle Spill Claims with 5 States, U.S. July 2, 2015 By Andrew G. Simpson BP Plc has agreed to a preliminary deal in which it will pay a record $18.7 billion to settle claims...
ACE to Acquire Chubb in $28.3 Billion Deal July 1, 2015 By Andrew G. Simpson In a major transaction, ACE Limited has agreed to acquire The Chubb Corp. for $28.3 billion in cash and stock....
Supreme Court Upholds Obamacare Tax Subsidies June 25, 2015 By Andrew G. Simpson The U.S. Supreme Court today upheld the tax subsidies for health insureds across the country including those in states without...
Greenberg Will Appeal AIG Bailout Case Win Over Lack of Damages June 16, 2015 By Andrew G. Simpson Maurice “Hank’ Greenberg, who yesterday won what most considered a long-shot case with a ruling that the U.S. government acted...
Exec’s Parting Shot: Flood Insurance Program Is a ‘Melting Iceberg’ June 3, 2015 By Andrew G. Simpson The outgoing director of the National Flood Insurance Program (NFIP) says the program is a “melting iceberg” that is incapable...
‘On-Tap,’ Temporary Employees Challenging Workers’ Comp: Hartwig June 1, 2015 By Denise Johnson and Andrew G. Simpson The workers’ compensation industry must contend with a fast-growing on-demand economy where jobs are filled via apps and more employees...
Senate Bill Would Raise Amtrak Liability Limit May 20, 2015 By Andrew G. Simpson U.S. Sen. Bill Nelson, D-Fla., has filed legislation aimed at helping victims of the deadly May 12 Amtrak derailment. Nelson’s...
GEICO to Raise Auto Insurance Premiums May 18, 2015 By Andrew G. Simpson GEICO, which “everybody knows” saves drivers 15 percent on auto insurance, said it will raise its auto premiums after underwriting...
How On-Demand Economy Is Changing Workers’ Compensation May 15, 2015 By Denise Johnson and Andrew G. Simpson The workers’ compensation industry must contend with a fast-growing on-demand economy where jobs are filled via apps and more employees...