Why Chinese Crypto Entrepreneur Was No-Show for $4.5M Buffett Charity Lunch July 25, 2019 By Olga Kharif Chinese cryptocurrency entrepreneur Justin Sun, who cited health issues in postponing his charity lunch with Warren Buffett this week, issued...
ProSight Prices IPO at $14 per Share July 25, 2019 Specialty insurer ProSight Global announced the pricing of the initial public offering (IPO) of 7.8 million shares of common stock...
Chubb Q2 Saw Net Income Dip, Premium Growth July 25, 2019 Global insurer Chubb’s saw its net income dip slightly and its P/C combined ratio nudge higher during the 2019 second...
First Half Natural Disasters Cost Insurers $20B, Down 26% from 18-Year Average: Aon July 25, 2019 Global insured losses from natural disasters during the first half were estimated at US$20 billion, which is 26% lower than...
Lyft Vows to Make Driverless Data Public July 25, 2019 By Keith Naughton Lyft Inc. is making research data on self-driving technology available to the public in a bid to accelerate the development...
Democrats File Bills in House, Senate to Legalize, Tax Marijuana July 25, 2019 Bills that would legalize and tax marijuana at the national level, and provide opportunities for people convicted of federal pot...
J&J Questions Methods Used by Scientists Who Claim Baby Powder Had Asbestos July 25, 2019 By Jef Feeley Johnson & Johnson, seeking to head off claims by thousands of women that its iconic Baby Powder caused their cancer,...
AIG Creates Sustainability Post; Names Waldner as Chief Officer July 24, 2019 American International Group said it has created a position of chief sustainability officer to lead the development and implementation of...
U.S. Announces $5 Billion Fine Against Facebook, Other Privacy Settlement Terms July 24, 2019 By David Shepardson Facebook Inc. will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and the...
Insurance Agency Mergers Hit Near-Record in First Half 2019 July 24, 2019 There were 328 announced U.S. and Canadian insurance agency mergers and acquisitions during the first half of 2019, the second-highest...