France’s AXA Posts 180% Surge in 1st Half Net Income as XL Unit Swings to Profit August 2, 2021 AXA posted a 180% surge in first-half net income on Monday as the French insurer rebounded from a spike in...
Florida Sets Highest One-Day Record for New COVID Cases August 2, 2021 By Mike Schneider Florida reported 21,683 new cases of COVID-19, the state’s highest one-day total since the start of the pandemic, according to...
Update: Allianz Warns Earnings Could Be Hurt by U.S. Investigation into Funds August 2, 2021 By Stephan Kahl and Sara Marley Allianz SE warned of a potentially material hit to its earnings after the U.S. Justice Department opened a probe into...
Indian Insurance Startup Policybazaar Files for $810M IPO August 2, 2021 BENGALURU – SoftBank Group-backed online insurance aggregator Policybazaar has filed for an initial public offering of up to 60.18 billion...
Walt Disney Company Requiring US Employees to Get Vaccinated August 2, 2021 The Walt Disney Company has joined other large companies in requiring employees to get vaccinated against COVID-19. The company said...
People Moves: Liberty Brokers Adds Wolfenberger, Ganis August 2, 2021 The Liberty Company Insurance Brokers has named Steve Wolfenberger vice president. He has 25 years of experience in the insurance...
Jury in Talcum Powder Trial Finds J&J Not to Blame for Woman’s Death August 2, 2021 By Tom Hals and Jonathan Stempel An Illinois jury on Friday refused to hold Johnson & Johnson liable for a woman’s death from ovarian cancer, which...
‘Zoombombing’ Costs Zoom $85 Million Privacy Settlement August 2, 2021 By Jonathan Stempel Zoom Video Communications Inc. agreed to pay $85 million and bolster its security practices to settle a lawsuit claiming it...
Oklahoma Court: Progressive’s Uninsured Motorist Exclusion Not Lawful July 30, 2021 Oklahoma’s highest court recently found that an insurer’s uninsured motorist exclusion violates state law. The Oklahoma Supreme Court came to...
Texas Doctor Convicted of Workers’ Comp Fraud, Drug Crimes July 30, 2021 A North Texas doctor will pay $376,368 in restitution after pleading guilty to mail fraud conspiracy in federal court, the...