U.S. Court Deals Opponents of Obama Fiduciary Rule a Setback February 9, 2017 By Sarah N. Lynch A U.S. federal judge on Wednesday upheld an Obama-era rule designed to avoid conflicts of interests when brokers give retirement...
Advocacy Groups Go to Court to Thwart Trump’s Bid to Undo Regulations February 9, 2017 By Susan Heavey, Roberta Rampton and Joseph Ax The White House defended the president’s executive order to U.S. agencies to rescind two government regulations for every new rule...
Supreme Court Nominee Gorsuch Could Decide Class Action Waiver Cases February 9, 2017 By Lawrence Hurley and Robert Iafolla The U.S. Supreme Court will not act until at least the fall on a major business dispute on whether companies...
Federal Judge Halts Anthem-Cigna Merger as Harmful to Competition February 8, 2017 By Caroline Humer and Diane Bartz A federal judge on Wednesday ruled against U.S. health insurer Anthem Inc.’s proposed $54 billion merger with smaller rival Cigna...
New Venture Capital Firm Looking for Insurtech Startups February 8, 2017 The insurance industry has a new venture capital firm looking to make early to growth-stage investments in innovative insurance technologies....
Top 10 Employment Discrimination Claims in 2016 February 8, 2017 By Andrew G. Simpson The U.S. Equal Employment Opportunity Commission (EEOC) said it resolved 97,443 charges of employment discrimination in fiscal year 2016 and...
Melania Trump’s $150 Million Libel Suit Claims Lost Business Opportunities February 8, 2017 By Jef Feeley First Lady Melania Trump is suing a British newspaper, saying a defamatory article it later retracted deprived her of the...
Aon Benfield Names Goodman as Global Head of Broking Strategies February 8, 2017 Aon Benfield, the reinsurance intermediary and capital adviser of Aon plc, has appointed Jeremy Goodman as global head of Broking...
U.S. Water Damage Class Action Settlement to Cost BMW $478 Million February 8, 2017 By David Shepardson German automaker BMW AG has agreed to pay up to $477.7 million to settle a class-action lawsuit covering about 318,000...
Why the Insurance Industry Supports and Hires Veterans February 8, 2017 By Don Jergler Many property/casualty insurance carriers have focused their charitable efforts on veterans, and they’ve done so for a number of good...