AbbVie Pays $200M to Settle Opioid Marketing Case Right Before Trial Ends December 9, 2021 By Brendan Pierson AbbVie Inc. agreed to pay $200 million to settle claims by New York that its Allergan unit helped fuel an...
People Moves: Pathpoint Names Chi Head of Product; Lockton Adds Cahoon in Washington December 9, 2021 Pathpoint Inc. named Melissa Chi head of product. Chi comes to Pathpoint from Stord where she was the director of...
Leavitt Group Northwest Acquires Employee Benefits Division of SCS in Washington December 8, 2021 Leavitt Group Northwest acquired the employee benefits division of the SCS Insurance in Bellevue, Washington. The acquisition brings a staff...
Texas Surplus Lines Premiums Hits $685.5 Million in November December 8, 2021 Texas surplus lines premiums amounted to $685.5 million in November, according to the Surplus Lines Stamping Office of Texas. Surplus...
Allianz to Raise Dividends by 5% Each Year From 2021 December 8, 2021 German financial services company Allianz said on Friday it would increase dividends by 5% each year from 2021 as it...
Michigan Drivers to Receive $400 Refund Per Vehicle December 8, 2021 By David Eggert All Michigan drivers with auto insurance will receive a $400 per-vehicle refund next year. Gov. Gretchen Whitmer and state regulators...
Hub Acquires Louisiana’s Gregory Benefits & Consulting December 8, 2021 Hub International Limited, a global insurance brokerage and financial services firm, has acquired the insurance brokerage assets of Gregory Benefits...
WTW Hires AIG’s Dasan for Construction, Natural Resources; Bogardus Named Chubb’s President for Singapore; AXA XL’s Muzeya Joins Mosaic as Financial Institutions U/W December 8, 2021 This edition of International People Moves details appointments at Willis Towers Watson, Chubb and Mosaic Insurance. A summary of these...
Whistleblower Claim Prompts SEC Probe of Tesla Over Solar Panel Fire Risks December 8, 2021 By Hyunjoo Jin and Chris Prentice The U.S. securities regulator has opened an investigation into Tesla Inc. over a whistleblower complaint that the company failed to...
Chewy Chases Share of Growing Pet Insurance Market With Trupanion December 8, 2021 E-commerce pet products company Chewy plans to begin selling pet health insurance plans from pet insurer Trupanion to its 20...