Aon Completes $13B Acquisition of Middle-Market Broker NFP April 26, 2024 Aon plc said late Thursday that it has completed its $13 billion acquisition of middle-market P/C broker NFP. The purchase...
Chubb CEO Greenberg: Some Financial Lines Underwriting Practices ‘Simply Dumb’ April 25, 2024 By Chad Hemenway According to Chubb CEO Evan G. Greenberg, the insurance industry’s underwriting practices for a number of financial lines are “simply...
People Moves: Zurich NA Names Higginbotham Head of Pro Liability & Cyber; FM Global CEO Appointed Board Chair; WTW Names Lombardo Named Chair of REHL Division April 25, 2024 Zurich NA Names Higginbotham Head of Professional Liability & Cyber Zurich North America, headquartered in Schaumburg, Illinois, has named Kara...
McKinsey Faces US Criminal Probe Over Opioids Work, Sources Say April 25, 2024 By Mike Spector, Nate Raymond and Chris Prentice McKinsey & Co is under criminal investigation in the United States over allegations that the consulting firm played a key...
Viewpoint: Insurers Face Added Role in Curbing Workplace Violence With California Law April 25, 2024 By Yoni Sherizen New legislation aimed at reducing workplace violence in California vastly increases employers’ responsibilities and hands workers’ compensation insurers an unprecedented...
GM Ends OnStar Driver Safety Program After Privacy Complaints April 25, 2024 By David Welch General Motors Co. has ended its OnStar Smart Driver program after customers complained it violated their privacy. OnStar had cut...
Marsh McLennan Agency to Buy Fisher Brown Bottrell for About $316M April 24, 2024 Marsh McLennan Agency, a subsidiary of Marsh, said it has a definitive agreement to acquire one of the largest agencies...
Berkley CEO: Property E&S Momentum Slows but ‘Some More Hay’ to Be Made April 24, 2024 By Chad Hemenway When it comes to observations of the excess and surplus lines market, there is a difference between the momentum of...
Chamber of Commerce Sues to Block FTC’s Non-Compete Ban April 24, 2024 By Leah Nylen Business groups led by the US Chamber of Commerce sued the Federal Trade Commission Wednesday seeking to block a rule...
Jury Weighing Military Contractor’s Claim of Immunity for Abu Ghraib Abuse April 24, 2024 By Matthew Barakat A lawyer for the military contractor being sued by three survivors of the notorious Abu Ghraib prison in Iraq told...