Insurers Ink $90 Billion in Merger Deals as They Pursue Post-Coronavirus Clout December 10, 2020 By Lucca de Paoli Insurers pummeled by the pandemic are looking to deals as they race to see who’ll emerge strongest when the outbreak...
Arthur J. Gallagher & Co. Acquires New York’s Cool Insuring Agency December 10, 2020 Arthur J. Gallagher & Co. has acquired Queensbury, N.Y.-based Cool Insuring Agency Inc. Terms of the transaction were not disclosed....
U.S. Drug Advisory Panel Meets Today on Pfizer’s COVID Vaccine December 10, 2020 By Manas Mishra and Michael Erman A panel of outside advisers to the U.S. Food and Drug Administration is meeting on Thursday to weigh whether to...
Workers With Second Jobs May Be Factor in Nursing Home COVID Risk: Study December 10, 2020 Nurses and other long-term care workers in nursing homes who hold multiple jobs may be one of the factors contributing...
Supreme Court Hears Shareholder Suit over Fannie Mae, Freddie Mac December 10, 2020 By Lawrence Hurley U.S. Supreme Court justices on Wednesday questioned a bid by shareholders of Fannie Mae and Freddie Mac to pursue legal...
AIG’s Sharpe Named Head of AGCS’ Distribution Unit as Restructure Continues December 10, 2020 Allianz Global Corporate & Specialty (AGCS) has appointed Jeremy Sharpe to lead its Global Distribution unit, taking over this role...
Fidelis Raises $185M of Capital, Bringing 2020 Total to More than $1.3B December 10, 2020 Fidelis Insurance Holdings Ltd. announced it has raised in the fourth quarter of 2020 an additional $60 million of equity...
Efma and Accenture Launch 6th Annual Innovation in Insurance Awards December 10, 2020 Efma and Accenture are now accepting applications for the sixth annual Efma-Accenture Innovation in Insurance Awards, which recognize insurers and...
Royal Caribbean Cruise Cut Short When Passenger Tests Positive for COVID-19 December 10, 2020 SINGAPORE – An elderly passenger on board a Royal Caribbean “cruise to nowhere” has been diagnosed with the coronavirus, prompting...
‘Urgent Action’ Needed to Help Stranded Sailors and Avoid Supply-Chain Risks December 10, 2020 By Alastair Marsh Fidelity International is calling for urgent action to address the humanitarian crisis and supply-chain risks caused by the more than...