Manhattan District Attorney Says Trump Probe Includes Alleged Insurance, Bank Fraud August 4, 2020 By Karen Freifeld Manhattan’s district attorney on Monday suggested a grand jury subpoena for U.S. President Donald Trump’s tax returns was part of...
AIG Q2 Profit Falls on Higher Catastrophe Losses, Lower Private-Equity Returns August 4, 2020 By Suzanne Barlyn Insurer American International Group Inc. on Monday posted a 56% fall in quarterly adjusted earnings, spurred partly by higher catastrophe...
Judge Voids Parts of Trump Labor Rule Limiting Coronavirus Sick Leave Eligibility August 4, 2020 By Jonathan Stempel A U.S. judge on Monday voided parts of a Trump administration rule that restricted paid sick leave and emergency family...
CoverWallet Launches Digital Management Liability Package for VC-Backed Startups August 3, 2020 CoverWallet, an Aon company and digital insurance platform for businesses, has launched a digital insurance product for venture capital (VC)-backed...
Former A&A Leader, Insurance Historian Bogardus Passes Away at Age 92 August 3, 2020 John (Jack) A. Bogardus Jr., age 92, former chairman, president and CEO of Alexander & Alexander insurance brokerage, passed away...
Guy Carpenter Names Mayer, Mowery, Crichton to Executive Committee August 3, 2020 Reinsurance broker Guy Carpenter & Co., a business of Marsh & McLennan Cos., has appointed three new members to its...
Chinese Artificial Intelligence Firm Sues Apple for $1.4 Billion Over Siri August 3, 2020 Chinese artificial intelligence company Shanghai Zhizhen Intelligent Network Technology Co. Ltd,. also known as Xiao-i, has filed a lawsuit against...
COVID-19 Signals Billions in Long-Term Healthcare Costs Ahead August 3, 2020 By Emilio Parodi, Nick Brown and Caroline Humer Late in March, Laura Gross, 72, was recovering from gall bladder surgery in her Fort Lee, New Jersey, home when...
VW Asks Court to Reconsider ‘Staggering’ Damages for Counties Over Diesel Emissions August 3, 2020 By David Shepardson Volkswagen AG’s wholly owned U.S. subsidiary on Thursday asked the Ninth Circuit U.S. Court of Appeals to reconsider a ruling...
Gutted Chemical Safety Board Tries to Proceed with Single Board Member August 3, 2020 By Erwin Seba The U.S. Chemical Safety Board, which has only one board member instead of the usual five, on Friday postponed a...