Several leaders of the insurance industry joined nearly 200 New York corporate executives in a letter urging members of Congress to certify the election of Joe Biden as President without delay this week and support a smooth transition of power. …
The top M&A story of 2020 was more a global than national story but it captured more readers in every geographic location than any other. Since it was first announced in March, the proposed Aon-Willis merger remained the leading merger …
Commercial lines insurer CNA Financial Corp. and Enstar on Dec. 30, 2020 said they had reached an agreement to have a subsidiary of Enstar reinsure a legacy portfolio of excess workers’ compensation policies, representing $690 million in prior-year loss reserves. …
Fast-growing specialty lines insurer Applied Underwriters announced the creation of a U.S. based division of its Applied Financial Lines business unit to provide directors and officers (D&O) coverages in the U.S. The new D&O division will be under the direction …
Wholesale insurance brokerage AmWINS Group has rebranded its agency aggregator subsidiary Networked Insurance Agents to AmWINS Access – Admitted Placement Services. AmWINS Access is a nationwide binding platform for small property/casualty business comprising three segments: Excess & Surplus Small Commercial, …
The healthcare joint venture of Amazon.com Inc., Berkshire Hathaway Inc. and JPMorgan Chase & Co., will cease to exist at the end of February, it said on Monday. The move comes three years after the companies came together to form …
A federal appeals court on Tuesday upheld a White House-backed rule to require hospitals to disclose the prices they negotiate with insurers for an array of common tests and procedures. The 2-0 decision by the U.S. Court of Appeals for …
Boeing’s 737 MAX resumed passenger flights in the United States for the first time on Tuesday after a 20-month safety ban was lifted last month. American Airlines Flight 718 landed at New York’s LaGuardia Airport around 1:08 p.m after departing …
It took playing games on all seven days of the week, a wide receiver starting at quarterback, numerous schedule changes and constant revisions to health and safety protocols for the NFL to reach Week 17 on time. That’s a remarkable …
The U.S. Transportation Department announced Tuesday that anti-derailment technology positive train control, or PTC, is in operation on all required railroad route miles ahead of a Dec. 31 deadline set by Congress. The Federal Railroad Administration (FRA) has certified that …