Judge Denies Wells Fargo Bid to Dodge Shareholder Lawsuit February 28, 2018 By Kartikay Mehrotra A federal judge denied Wells Fargo & Co.’s request to dismiss a shareholder lawsuit triggered by the bank’s plummeting stock...
JLT Acquires U.S. Trade Credit and Political Risk Broker IRC February 28, 2018 Global broker Jardine Lloyd Thompson Group (JLT) has acquired International Risk Consultants (IRC), a U.S. broker specializing in specialist trade...
Willis Towers Watson Adds Cyber Coverage to Aviation Offering February 28, 2018 Willis Towers Watson has launched Willis Towers Watson Aerospace Cyber Guard, a tailored cyber insurance product for the general aviation...
U.S. Government Joins Efforts to Win Reimbursement from Opioid Makers, Distributors February 28, 2018 By Sarah Lynch The federal government, backing litigation by states and cities, will seek reimbursement from major drug companies and distributors to recover...
Why Financial Tech Startups Need Incumbents to Succeed February 28, 2018 By Julie Verhage Financial technology startups are seeing no shortage of venture dollars flowing their way, but there are increasing concerns over whether...
Lockton Names Moitoso to Lead Risk Practices Unit February 28, 2018 Mark Moitoso has been appointed to lead Lockton’s Risk Practices organization. As executive vice president and Risk Practices leader, Moitoso...
Facebook Settles Shareholders’ Claims Over 2012 IPO February 27, 2018 By Jonathan Stempel Facebook Inc and Chief Executive Mark Zuckerberg have reached a $35 million settlement of class-action litigation accusing them of hiding...
20 States Sue, Claiming Obamacare Unconstitutional Since Individual Mandate Repeal February 27, 2018 A coalition of 20 U.S. states sued the federal government on Monday over Obamacare, claiming the law was no longer...
Broker Lockton Joins Chubb, MetLife in Withdrawing from NRA Insurance Programs February 27, 2018 By Andrew G. Simpson Insurance broker Lockton is ending its participation in an insurance program for members of the National Rifle Association, joining MetLife,...
U.S. Issues ‘Quiet’ Car Sound Rule with Extended Deadline February 27, 2018 By David Shepardson The U.S. Department of Transportation on Monday finalized rules that will require “quiet cars” like electric vehicles and hybrids to...