Trading to Begin on Ryan Specialty IPO at $23.50 per Share for $1.3 Billion July 22, 2021 Chicago-based wholesale insurance broker Ryan Specialty Group Holdings, Inc. announced the pricing of its initial public offering of 57 million...
What Drug Companies Have Paid to Settle Claims Over U.S. Opioid Crisis July 22, 2021 By Tom Hals State attorneys general on Wednesday unveiled a $26 billion settlement with the three largest U.S. drug distributors and Johnson &...
States, Municipalities Have 30 Days to Weigh $26B Opioid Deal with Major Drug Firms July 22, 2021 By Nate Raymond A group of state attorneys general unveiled on Wednesday a landmark $26 billion settlement with large drug companies for allegedly...
Embedded As a Risk, New COVID Cycle Could Challenge Economic Recovery July 22, 2021 By Howard Schneider Five weeks after dropping its reference to the coronavirus as a weight on the economy, the U.S. Federal Reserve is...
Insurance Commissioner, Acting as Liquidator of RRG, Is Not a ‘Governmental Authority’ July 22, 2021 By Daniel A. Rabinowitz When is an insurance commissioner not a governmental authority? A federal district judge reminds us that a state insurance commissioner,...
AIG Employees to Return to Offices on Sept. 14 With Safety Measures July 22, 2021 American International Group Inc., one of the largest U.S. insurers, has set Sept. 14 as its global return-to-office date, Chief...
Heavy Rains Cause Sewer Overflows, Flood Problems in Alabama July 22, 2021 Heavy rains caused more than 430,000 of sewage overflows near Mobile, while another round of downpours prompted flash flood alerts...
Major Generali Shareholders Plan to Ask CEO Not to Present New Business Plan: Report July 22, 2021 MILAN – Shareholders representing about 16% of Generali are ready to ask the chief executive not to present a 2022-2024...
Hiscox CEO Masojada to Retire at Year End, Succeeded by CFO Hussain July 22, 2021 Specialist global insurer Hiscox announced that after 21 years as group chief executive, Bronek Masojada plans retire at the end...
Deadly Floods in China, Europe Send Stark Reminder of Climate Change Vulnerabilities July 22, 2021 By Aradhana Aravindan and James Mackenzie Deadly floods that have upended life in both China and Germany have sent a stark reminder that climate change is...