Anthem-Cigna Merger Trial Pits Efficiency Claims vs. Loss of Competition Claims December 19, 2016 By David McLaughlin Anthem Inc. and the U.S. Justice Department extended their clash over whether the insurer’s planned takeover of rival Cigna Corp....
AXIS Capital’s London Office to Move to ‘The Scalpel,’ New Tower Near Lloyd’s December 19, 2016 Bermuda-based AXIS Capital Holdings Ltd. announced its London office will be among the first commercial tenants in “The Scalpel,” a...
Aspen Appoints Thornton as Group Chief Operating Officer December 19, 2016 Aspen Insurance Holdings Ltd. announced that Richard Thornton has been appointed to the newly created position of group chief operating...
Battle Over Property Claims and Litigation in Texas Set to Continue in 2017 December 19, 2016 By Stephanie K. Jones If a Dec. 1, 2016, hearing is any indication, Texas lawmakers will be encouraged in the coming legislative session to...
Canada’s Fairfax to Buy Switzerland’s Allied World for $4.9B in Cash, Stock December 19, 2016 By Katia Dmitrieva, Matthew Monks and Scott Deveau Fairfax Financial Holdings Ltd., the Canadian investment and insurance company, agreed to buy Allied World Assurance Co. for $4.9 billion...
Brexit Opportunities, More M&A: Clyde & Co.’s 2017 Predictions, Part 1 December 19, 2016 By L.S. Howard M&A and Brexit will be major factors for the global re/insurance industry over the coming year, according to predictions from...
Brentwood Services Administrators Promotes Saldana in Tennessee December 19, 2016 Brentwood Services Administrators Inc. (BSA), headquartered in Brentwood, Tenn., has promoted Nick Saldana to the position of claim representative II...
West Virginia AG Sues Pharmacy for Role in Fueling State’s Opioid Crisis December 19, 2016 West Virginia’s attorney general has sued a pharmacy in Boone County, alleging it provided too many highly addictive painkillers over...
Restoration Company Suing West Virginia’s New Gov Over Unpaid Flood Cleanup Bills December 19, 2016 West Virginia Gov.-elect Jim Justice’s businesses are being sued by a flood restoration company for unpaid bills, after cleanup crews...
Delaware Court Delays Patriot National Dividend, Stock Repurchase Plans December 18, 2016 By Sinead Carew Shares of Patriot National Inc fell 4.6 percent on Friday after it announced late Thursday that it could not pay...