Private Equity Firm Cinven and Canada’s BCI to Buy Legacy Specialist Compre December 1, 2020 Cinven, an international private equity firm, and British Columbia Investment Management Corp. (BCI), one of Canada’s largest institutional investors, announced...
Bank Wins Suit Against Anbang Insurance After Ending Hotel Deal Due to Pandemic December 1, 2020 By Joyce Lee South Korean investment bank Mirae Asset Daewoo Co. Ltd. and affiliates won a U.S. court case against Anbang Insurance Group,...
No-Deal Brexit Is Still Possible with Trade Talks Remaining Snagged December 1, 2020 By Guy Faulconbridge and Elizabeth Piper A senior British minister said on Tuesday there was still a chance of a turbulent Brexit without a trade deal...
An Emerging Risk of COVID-19 Pandemic: Rusty Pilots Making Flying Errors December 1, 2020 By Harry Suhartono and Anurag Kotoky On Sept. 15, an Indonesian flight carrying 307 passengers and 11 crew to the northern city of Medan momentarily veered...
Shell Faces Climate Change Lawsuit in Dutch Court December 1, 2020 By Bart H. Meijer AMSTERDAM – Environmental activists took Royal Dutch Shell to court on Tuesday, demanding the energy firm drastically reduce the production...
World Insurance Associates Acquires Connecticut’s Flanagan Associates December 1, 2020 World Insurance Associates LLC (WIA) has acquired Flanagan Associates LLC of North Haven, Conn., on November 1, 2020. Terms of...
University of Vermont Medical Center Continuing Cyber Attack Recovery December 1, 2020 The University of Vermont Medical Center is continuing to recover from the cyber attack late last month that crippled access...
D.C. Postpones All P/C Insurance Rate Increases During COVID Crisis December 1, 2020 The Washington D.C. Department of Insurance, Securities and Banking (DISB) issued a new insurance bulletin to notify all property and...
Insurers Looking Into Rise in Lawsuits Against Firms Over Lack of Diversity December 1, 2020 By Suzanne Barlyn U.S. insurers are taking a closer look at the recruiting and succession practices of corporate customers, worried about mounting lawsuits...
Hyundai, Kia To Pay $210 Million U.S. Penalty for Failure to Recall Autos December 1, 2020 By David Shepardson Hyundai Motor Co. and Kia Motors’ U.S. units on Friday agreed to a record $210 million civil penalty after U.S....