Sapiens Acquires Delphi Technology July 27, 2020 Insurance software provider Sapiens International Corp. has agreed to acquire Delphi Technology Inc., a software vendor focused on the medical...
Concern Over Small Businesses Grows as Coronavirus Resurges, Federal Aid Expires July 27, 2020 By Howard Schneider The number of outright failures of U.S. small businesses in the first months of the coronavirus pandemic was comparatively modest,...
AXA XL Presents New Leadership Team for Americas July 27, 2020 As part of the proposed changes to its insurance operating model announced in April, AXA XL has appointed its new...
Meat Packing Plant Owners Defend Operations During Pandemic July 27, 2020 By Michael Hirtzer and Isis Almeida As part of an investigation into the spread of coronavirus at U.S. meat plants, Democratic Senators Elizabeth Warren and Cory...
Workers’ Compensation Rates Won’t Be Adjusted for Coronavirus Experience This Year July 27, 2020 By Jim Sams The workers’ compensation line is unlikely to generate a profit this year and may not recover in 2021, an insurance...
Trump Signs Executive Orders to Lower Prescription Drug Prices July 27, 2020 By Jeff Mason, Alexandra Alper and Carl O'Donnell U.S. President Donald Trump on Friday signed four executive orders aimed at lowering the prices Americans pay for prescription drugs,...
Indivior to Pay $600M to Settle Claims of Deceptive Marketing of Opioid Treatment July 27, 2020 By Nate Raymond Indivior Plc has agreed to pay $600 million and have a subsidiary plead guilty to a felony charge to resolve...
Tesla Invites Actuaries to Help It Create a ‘Revolutionary’ Insurance Company July 24, 2020 By Andrew G. Simpson Tesla, which has been testing an insurance product for its drivers in California, is preparing to build an insurer, one...
Chemical Firm BASF and Its Law Firm to Pay $72.5M to Close Talcum-Asbestos Claims July 24, 2020 By Jef Feeley BASF SE, the world’s biggest chemical maker, and a law firm agreed to pay a combined $72.5 million to resolve...
Global Natural Catastrophe Losses During H1 Ranged from $68B to $75B: Munich Re, Aon July 24, 2020 By L.S. Howard Munich Re and Aon both issued reports this week on the economic and insurance costs of global natural catastrophes during...