Insurer Centene to Buy Magellan for $2.2 Billion to Expand Its Mental Health Services January 6, 2021 By Rebecca Spalding and Manas Mishra Health insurer Centene Corp. said on Monday it has agreed to buy Magellan Health Inc. in a $2.2 billion deal...
REUTERS REPORT-Regulators Ignored Workers’ COVID-19 Safety Complaints Amid Deadly Outbreaks January 6, 2021 By Chris Kirkham and Benjamin Lesser Miguel Cabezola, a driver for United Parcel Service Inc. in Tucson, Arizona, complained on March 27 to U.S. workplace safety...
FCC Appears Unlikely to Act on Trump Bid to Change Social Media Liability January 6, 2021 By David Shepardson The prospects of Federal Communications Commission Chairman Ajit Pai taking action on an effort to narrow social media companies’ legal...
COVID-19 Business Interruption Rulings, Most Favoring Insurers, Moving to Appeals January 6, 2021 By Jim Sams A wave of litigation over business-interruption losses caused by COVID-19 shutdown orders has started splashing into the appellate courts. Appeals...
FEMA Buys $1.153 Billion of Reinsurance for Flood Insurance Program for 2021 January 6, 2021 By Andrew G. Simpson The Federal Emergency Management Agency (FEMA) has once again procured private sector reinsurance from more than 30 carriers for the...
Top National Insurance M&As of 2020 January 5, 2021 By Andrew G. Simpson The top M&A story of 2020 was more a global than national story but it captured more readers in every...
Judge Rules Former Viacom Shareholders Can Sue Over ViacomCBS Merger January 5, 2021 By Jonathan Stempel A Delaware judge ruled this week that former Viacom shareholders may pursue a lawsuit accusing Shari Redstone of engineering a...
Genworth Eyes Partial IPO as $2.7B Deal with China Oceanwide Stalls January 5, 2021 By Andrew G. Simpson Genworth Financial and China Oceanwide Holdings Group Co. can’t seem to put the finishing touches on their agreement for Oceanworth...
Trump’s EPA Institutes Curb on ‘Secret’ Science Used in Formulating Regulations January 5, 2021 By Timothy Gardner The U.S. Environmental Protection Agency (EPA) chief said on Monday he has finalized a rule to limit what scientific research...
Riskiest Counties for Natural Disasters Are Not Always Where People Think January 5, 2021 By Seth Borenstein Spending her life in Los Angeles, Morgan Andersen knows natural disasters all too well. In college, an earthquake shook her...