Undoing U.S. Financial Regulations Could Bar U.S. Firms from EU February 10, 2017 By Huw Jones Some U.S. financial institutions could be locked out of the European market if Donald Trump’s administration repeals global rules imposed...
Zenefits’ New CEO Announces 430 Layoffs in First Week on Job February 10, 2017 By Heather Somerville Zenefits is laying off nearly half its staff as the software startup grapples with the fallout of insurance violations that...
Health Insurers Weigh Next Moves After Striking Out on Mergers February 10, 2017 By Andrew Harris, David McLaughlin and Zachary Tracer After 18 months of courtship and court cases, two massive deals that would have reshaped the U.S. health insurance industry...
Update: Blackstone to Buy Aon’s Benefits Outsourcing Unit February 9, 2017 By Greg Roumeliotis and Lauren Hirsch Insurance broker Aon Plc said on Friday it agreed to sell its employee benefits outsourcing business to private equity firm...
Safety National Adds Workers’ Compensation, Captive Services Products February 9, 2017 Safety National Casualty Corp. has added two new offerings to its suite of products: large guaranteed cost workers’ compensation and...
Severe U.S. Weather During January Cost Insurers More Than $1B: Aon February 9, 2017 Major weather and flood events in the U.S. during January will cost the insurance industry more than $1 billion as...
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...