Insurers to Hike Private Market Investments; Environmental Focus Grows: BlackRock November 15, 2021 By Simon Jessop and Ross Kerber GLASGOW / NEW YORK – Insurers plan to increase their allocations to private markets to 14% from 11% over the...
Berkshire Hathaway General Reinsurance Unit Launches Mideast Office in Dubai November 15, 2021 DUBAI — The General Reinsurance unit of Warren Buffett’s Berkshire Hathaway Inc has set up a Middle East office in...
Paytm’s IPO Oversubscribed but Doesn’t See Blow-out Demand From Investors November 15, 2021 By Vishwadha Chander, Chris Thomas and Sankalp Phartiyal BENGALURU – Paytm’s $2.5 billion initial public offering (IPO), India’s largest, was oversubscribed at the close of bidding on Wednesday,...
Louisiana Seeks Takeover of Pair of Regional Insurance Companies Facing Insolvency November 15, 2021 The Louisiana insurance commissioner is seeking a government takeover of Access Home Insurance Co. and State National Fire Insurance Co.,...
Insolvency Pool Can’t Yet Seek Reimbursement from Injured Worker November 15, 2021 The Georgia Insurers Insolvency Pool’s demand for a refund from an injured worker must first be addressed by the state...
Time Limit and Gap in Comp Benefits Not Unconstitutional, Florida Court Says November 15, 2021 By William Rabb What happens when a worker’s injury needs follow-up surgery many years later, requiring the employee to miss months of paychecks?...
From Baby Powder to Implants: J&J’s Biggest Legal Liabilities As It Prepares to Split November 15, 2021 By Nate Raymond Johnson & Johnson on Friday said it would split into two companies , hiving off its consumer health division that...
Former Governor Focuses on Saving California Forests from Wildfires November 15, 2021 By Kathleen Ronayne As smoke lingered in the air amid another destructive California wildfire season, former Gov. Jerry Brown invited a group to...
Pinnacol in Colorado to Decrease Workers’ Comp Rates in 2022 November 15, 2021 Pinnacol Assurance in Colorado announced it will lower rates for the carrier’s 53,000-plus policyholders in Colorado by an average of...
FDA Seeks More Tests of Foam Used in Philips Ventilators November 15, 2021 By Toby Sterling Philips, the medical equipment maker that is recalling ventilators due to use of parts containing a potentially hazardous foam, said...