FEMA Buys $1.153 Billion of Reinsurance for Flood Insurance Program for 2021 January 6, 2021 By Andrew G. Simpson The Federal Emergency Management Agency (FEMA) has once again procured private sector reinsurance from more than 30 carriers for the...
Top National Insurance M&As of 2020 January 5, 2021 By Andrew G. Simpson The top M&A story of 2020 was more a global than national story but it captured more readers in every...
Judge Rules Former Viacom Shareholders Can Sue Over ViacomCBS Merger January 5, 2021 By Jonathan Stempel A Delaware judge ruled this week that former Viacom shareholders may pursue a lawsuit accusing Shari Redstone of engineering a...
Genworth Eyes Partial IPO as $2.7B Deal with China Oceanwide Stalls January 5, 2021 By Andrew G. Simpson Genworth Financial and China Oceanwide Holdings Group Co. can’t seem to put the finishing touches on their agreement for Oceanworth...
Trump’s EPA Institutes Curb on ‘Secret’ Science Used in Formulating Regulations January 5, 2021 By Timothy Gardner The U.S. Environmental Protection Agency (EPA) chief said on Monday he has finalized a rule to limit what scientific research...
Riskiest Counties for Natural Disasters Are Not Always Where People Think January 5, 2021 By Seth Borenstein Spending her life in Los Angeles, Morgan Andersen knows natural disasters all too well. In college, an earthquake shook her...
Insurance Leaders Among Those Urging Congress to Certify Biden Win Without Delay January 5, 2021 By Andrew G. Simpson Several leaders of the insurance industry joined nearly 200 New York corporate executives in a letter urging members of Congress...
World’s Largest Insurers 2020: AM Best Ranks UnitedHealth, Allianz on Top January 5, 2021 UnitedHealth Group Inc. takes the top spot in AM Best’s ranking of the world’s 25 largest insurance companies for a...
Amazon, Berkshire, JPMorgan Closing Down Joint Healthcare Venture January 4, 2021 By Manas Mishra The healthcare joint venture of Amazon.com Inc., Berkshire Hathaway Inc. and JPMorgan Chase & Co., will cease to exist at...
OSHA Now Accepting 2020 Workplace Injury Submissions Through March 2 January 4, 2021 The Occupational Safety and Health Administration (OSHA) is reminding employers that the agency will begin collecting calendar year 2020 workplace...