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21 01, 2025

Walgreens Ignored Red Flags in Dispensing Opioids, US Says

By | January 21st, 2025|Uncategorized|Comments Off on Walgreens Ignored Red Flags in Dispensing Opioids, US Says

The Department of Justice sued Walgreens Boots Alliance Inc. for allegedly dispensing opioids and other controlled substances at pharmacies across the US while ignoring red flags that the prescriptions were likely illegal. The lawsuit claims Walgreens pharmacists filled millions of …

21 01, 2025

EEOC Sues Two Automakers, Alleging Discrimination and Harassment

By | January 21st, 2025|Uncategorized|Comments Off on EEOC Sues Two Automakers, Alleging Discrimination and Harassment

The U.S. Equal Employment Opportunity Commission on Jan. 17 sued two large automakers, accusing General Motors and the United Auto Workers of age discrimination and the Stellantis unit that includes Chrysler of subjecting female employees to sexual harassment. GM and …

21 01, 2025

UK’s Reeves to Meet Key Financial Services Sectors

By | January 21st, 2025|Uncategorized|Comments Off on UK’s Reeves to Meet Key Financial Services Sectors

British finance minister Rachel Reeves said on Monday she would meet representatives from key financial services sectors, such as banking and insurance, over the coming months to formulate a new growth and competitiveness strategy. “I am committed to working hand-in-hand …

21 01, 2025

Southern Taiwan Hit by 6.4 Magnitude Quake, TSMC Evacuates Some Factories

By | January 21st, 2025|Uncategorized|Comments Off on Southern Taiwan Hit by 6.4 Magnitude Quake, TSMC Evacuates Some Factories

A 6.4 magnitude earthquake struck a mountainous, rural area of Taiwan’s south on Tuesday near the city of Chiayi, the island’s weather administration said, with reports of minor damage. Chipmaker TSMC said it had evacuated staff at its factories in …

21 01, 2025

People Moves: SCOR UK Promotes Mummé-Young to CUO; QBE Taps Allianz’s Marega for New Role of European Product Manager, Professional Indemnity

By | January 21st, 2025|Uncategorized|Comments Off on People Moves: SCOR UK Promotes Mummé-Young to CUO; QBE Taps Allianz’s Marega for New Role of European Product Manager, Professional Indemnity

This edition of International People Moves details appointments at SCOR UK and SCOR Syndicate as well as QBE. A summary of these new hires follows here. SCOR UK Promotes Mummé-Young to CUO SCOR announced the appointment of Henry Mummé-Young as …

21 01, 2025

Generali, BPCE to Form Europe’s Second-Largest Asset Manager

By | January 21st, 2025|Uncategorized|Comments Off on Generali, BPCE to Form Europe’s Second-Largest Asset Manager

Assicurazioni Generali SpA and BPCE have reached a preliminary deal to combine their investment units and create Europe’s second-largest asset manager amid a deal wave in the industry. The two firms signed a non-binding memorandum of understanding for a joint …

21 01, 2025

Kaplansky Insurance Buys 3 Massachusetts Agencies

By | January 21st, 2025|Uncategorized|Comments Off on Kaplansky Insurance Buys 3 Massachusetts Agencies

Kaplansky Insurance has acquired two central Massachusetts insurance agencies and a third in the western part of the state. The agencies acquired are Buckley Insurance and Mobilio Insurance in Worcester and Pijar Insurance in Holyoke. Buckley Insurance serves clients in …

21 01, 2025

FEMA Transfers $758M in US Flood Program Risk to 27 Private Reinsurers

By | January 21st, 2025|Uncategorized|Comments Off on FEMA Transfers $758M in US Flood Program Risk to 27 Private Reinsurers

The Federal Emergency Management Agency (FEMA) said its reinsurance renewal for the National Flood Insurance Program (NFIP) included the transfer of nearly $758 million to the private market through the use of 27 reinsurance companies – up from 18 companies …

21 01, 2025

US Upgrades Probe Into Emergency Braking Issues in Certain Honda Vehicles

By | January 21st, 2025|Uncategorized|Comments Off on US Upgrades Probe Into Emergency Braking Issues in Certain Honda Vehicles

The U.S. National Highway Traffic Safety Administration said on Monday it is expanding and upgrading a probe into about 295,125 American Honda vehicles over reports of crashes and injuries due to their automatic emergency braking systems. According to the reports, …

21 01, 2025

FEMA Transfers $758M in US Flood Program Risk to 27 Private Reinsurers

By | January 21st, 2025|Uncategorized|Comments Off on FEMA Transfers $758M in US Flood Program Risk to 27 Private Reinsurers

The Federal Emergency Management Agency said its reinsurance renewal for the National Flood Insurance Program (NFIP) included the transfer of nearly $758 million to the private market through the use of 27 reinsurance companies – up from 18 companies a …