Insurance broker Aon is set to gain conditional EU antitrust approval for its $30 billion bid for Willis Towers Watson without having to offer more concessions, people familiar with the matter said. Aon, which clinched the deal a year ago …
Texas legislation requiring an occupational insurance policy to include a specified disclosure statement clarifying the policy is not a workers’ compensation policy has passed the state House of Representatives. House Bill 3769 by Rep. John Smithee, District 86, “amends the …
Nine oil refineries and chemical companies in the Lake Charles area have agreed to pay the federal government $5.5 million for their contamination of parts of the northern Calcasieu River estuary. The settlement was announced by the U.S. Justice Department, …
MarshMcLennan reported financial results for the first quarter of 2021 that included consolidated revenue of $5.1 billion, an increase of 9% compared with the first quarter of 2020. Operating income was $1.4 billion compared with $1.1 billion in the prior …
The granting of intellectual property waivers is not the right way to increase output of COVID-19 vaccines, the founder of German vaccine maker BioNTech said on Wednesday, advocating instead the award of production licenses. Such waivers are among the options …
Fairfax Financial Holdings announced that it has made a commitment of US$5 million (approximately INR 37 crore) to fund initiatives to assist India with the recent surge in COVID-19 cases and the country’s urgent needs around the pandemic. The contribution …
A suburban Minneapolis nursing home has paid the state’s largest fine for a coronavirus-related safety violation after an employee contracted COVID-19 and died. State Labor Department inspection files show Sholom Community Alliance paid $27,100 in fines after David Kolleh died …
The next great financial crisis could come from a cyber attack. At least, that’s according to New York State Department of Financial Services (DFS) Superintendent Linda Lacewell in a statement regarding DFS’ recent report outlining its investigation into the SolarWinds …
The White House is considering options for maximizing global production and supply of COVID-19 vaccines at the lowest cost, including backing a proposed waiver of intellectual property rights, but no decision has been made, press secretary Jen Psaki said on …
Global investment in the insurtech sector reached a new quarterly high of US$2.55 billion during the first quarter of 2021. The number of mega-rounds reached eight, more than any other three-month period, according to the new Quarterly InsurTech Briefing from …