BP Settlement Doesn’t Cover Claims by Insurers, Banks, Casinos and Others July 5, 2015 By Laurel Brubaker Calkins and Margaret Cronin Fisk BP Plc’s record $18.7 billion settlement ended government claims over the 2010 Gulf of Mexico oil spill, leaving numerous smaller...
Regulatory Review of Aetna’s Humana Deal Could Affect Other Insurer Deals July 5, 2015 By Luciana Lopez Aetna Inc.’s $37 billion deal to buy smaller health insurer Humana Inc. will face rigorous scrutiny from U.S. regulators, which...
Spate of Climate Change Reports Ahead of Global Summit July 2, 2015 By Don Jergler Ahead of December’s big and much-talked about United Nations Climate Change Conference, COP21 or CMP11, it seems there’s been an...
SkiSafe Expands Sailboat Coverage to Live Aboard Vessels July 2, 2015 SkiSafe insurance has broadened its underwriting guidelines for its Sailboat Insurance program to provide coverage for sailboat risks with live...
BP to Pay $18.7B Over 18 Years to Settle Spill Claims with 5 States, U.S. July 2, 2015 By Andrew G. Simpson BP Plc has agreed to a preliminary deal in which it will pay a record $18.7 billion to settle claims...
DuPont Transfers Pollution Liabilities for 171 Sites to New Company Chemours July 2, 2015 By Jack Kaskey and Tiffany Kary When DuPont Co. announced plans to spin off its major chemical operations in October 2013, it said the move would...
If Terminated After ACE Takeover, Chubb CEO Finnegan Due $93M July 1, 2015 By Anders Melin and Brandon Kochkodin Chubb Corp. Chief Executive Officer John Finnegan could walk away with at least $92.7 million if he’s terminated after ACE...
Big ACE-Chubb Deal Triggers ‘Feverish’ Merger Speculation July 1, 2015 By Brooke Sutherland and Sonali Basak Evan Greenberg just took dealmaking to the next level. The chief executive officer of property/casualty insurer ACE Ltd. on Wednesday...
New Empire Group Expands Program for Property Managers July 1, 2015 New Empire Group has expanded its property managers’ portfolio to include coverage for real estate agents & brokers, real estate...
Congress Could Get Pacific Trade Pact by Year-End July 1, 2015 U.S. Trade Representative Michael Froman said he hopes to wrap up a trade deal with 11 other Pacific Rim nations...