Generali, BPCE to Form Europe’s Second-Largest Asset Manager January 21, 2025 By Claudia Cohen and Sonia Sirletti Assicurazioni Generali SpA and BPCE have reached a preliminary deal to combine their investment units and create Europe’s second-largest asset...
People Moves: SCOR UK Promotes Mummé-Young to CUO; QBE Taps Allianz’s Marega for New Role as European Product Manager, Professional Indemnity January 21, 2025 This edition of International People Moves details appointments at SCOR UK and SCOR Syndicate as well as QBE. A summary...
Southern Taiwan Hit by 6.4 Magnitude Quake, TSMC Evacuates Some Factories January 21, 2025 A 6.4 magnitude earthquake struck a mountainous, rural area of Taiwan’s south on Tuesday near the city of Chiayi, the...
UK’s Reeves to Meet Key Financial Services Sectors January 21, 2025 British finance minister Rachel Reeves said on Monday she would meet representatives from key financial services sectors, such as banking...
EEOC Sues Two Automakers, Alleging Discrimination and Harassment January 21, 2025 By Jonathan Stempel The U.S. Equal Employment Opportunity Commission on Jan. 17 sued two large automakers, accusing General Motors and the United Auto...
Walgreens Ignored Red Flags in Dispensing Opioids, US Says January 21, 2025 By Madlin Mekelburg The Department of Justice sued Walgreens Boots Alliance Inc. for allegedly dispensing opioids and other controlled substances at pharmacies across...
Michigan Adult Care Company to Pay $170K in EEOC Lawsuit January 21, 2025 PACE Southeast Michigan, a company providing all-inclusive care for the elderly, will pay $170,000 and furnish other relief to resolve...
Extreme Cold and Record Snowfall to Test Texas Power Grid January 21, 2025 By Brian K. Sullivan and Naureen S. Malik A cold blast gripping the US South threatens to bring record-breaking snowfall to New Orleans and Houston and a deep...
Insurtechs’ Approach to Wildfire Insurance: Part I – Delos January 21, 2025 By Allen Laman While the Los Angeles wildfires inch closer toward containment, estimates of insured losses continue to creep higher. CoreLogic said the...
North Carolina Settles on 15% Increase in HO Rates January 21, 2025 RALEIGH. N.C. (AP) — Base rates for North Carolina homeowners’ insurance premiums will increase on average by about 15% by...