Global Commercial Insurance Price Hikes Moderated Further in Q2: Marsh July 28, 2021 Global commercial insurance prices rose 15% in the 2021 second quarter, continuing a stunning track record of increases but far...
States Weigh Bans on Ransomware Payoffs July 27, 2021 By Jenni Bergal, Stateline As ransomware attacks continue to wreak havoc on police departments, school districts and city and county governments, some state legislators...
Arthur J. Gallagher Ends $3.6B Deal to Buy Willis Re, After Aon-Willis Merger Scrapped July 27, 2021 By L.S. Howard Arthur J. Gallagher & Co. announced it has terminated its May 12, 2021 agreement to acquire Willis Re and certain...
National Alliance Announces States’ Insurance Customer Service Reps for 2021 July 27, 2021 The educational organization The National Alliance for Insurance Education & Research has announced this year’s winners of its annual insurance...
Purdue’s Creditors Back Bankruptcy Plan That Would Pay 3,000 Opioid Lawsuits July 27, 2021 By Shubham Kalia OxyContin maker Purdue Pharma LP said on Tuesday that creditors voted in favor of its reorganization plan that would provide...
Allstate Among Large Firms Linking CEO Pay to Diversity Gains July 27, 2021 By Ross Kerber Corporate diversity has become the most common type of sustainability metric used in setting executive pay, a new study found,...
Insurance Investor Aquiline Capital to All Employees: Take the Week Off July 27, 2021 By David French and Jessica DiNapoli No calls, no emails and no meetings. That’s the order this week from Aquiline Capital Partners to its staff. The...
U.S. AG Garland Hails Aon-Willis Merger Termination as a ‘Victory for Competition’ July 26, 2021 U.S. Attorney General Merrick Garland today welcomed the decision by insurance brokers Aon and Willis Towers Watson to terminate their...
Workers’ Compensation Research Study Shows No Treatment Delays Due to COVID July 26, 2021 By Jim Sams COVID-19 did not delay medical treatment for workers’ compensation claimants, but did decrease the amount of emergency care and other...
Update: Aon and Willis Terminate $30B Merger; Aon to Pay $1B Break-up Fee July 26, 2021 By L.S. Howard Aon plc and Willis Towers Watson announced that the firms have agreed to terminate their $30 billion business combination agreement...