The Minnesota Senate has voted on Dec. 14 to pass a $216 million relief package aimed at businesses and workers who took the biggest hit from a four-week “pause” ordered by Gov. Tim Walz as increasing coronavirus cases threatened to …
California Attorney General Xavier Becerra on Monday petitioned a court to force Amazon.com Inc. to comply with outstanding subpoenas over a state investigation into its handling of the coronavirus pandemic. The petition, filed with the Sacramento County Superior Court, accused …
BRUSSELS – Aon’s $30 billion bid for Willis Towers to create the world’s largest insurance broker faces a full-scale investigation because of its complexity, two people familiar with the matter said. The companies, which are the second and third-largest brokers …
Swiss Re Corporate Solutions announced it has received a direct insurance authorization from the South African joint regulators Prudential Authority and Financial Sector Conduct Authority. Located in Johannesburg and fully operational, Swiss Re Corporate Solutions Africa offers customers in South …
A bipartisan group of lawmakers released proposed Covid-19 relief legislation that may provide momentum for breaking a months-long impasse, by separating out coronavirus liability protections and state aid — the two most contentious and partisan items. After Republicans and Democrats …
Philadelphia Insurance Companies announced that after 38 years with the company, Bob O’Leary will step aside as chief executive officer at the end of the year. President John W. Glomb is being promoted to CEO effective January 1. O’Leary spent …
TORONTO – Canada’s financial regulator said on Monday it could allow institutions to pay special non-recurring dividends under “exceptional circumstances,” even as it maintains a March moratorium on broader dividend increases and share buybacks. The Office of the Superintendent of …
The COVID-19 pandemic could result in net losses from $3.2 trillion and up to $4.8 trillion in U.S. real gross domestic product (GDP) over the course of two years, a new University of Southern California (USC) study finds. The pandemic’s …
The Securities and Exchange Commission has fined former Argo Group chief executive officer and president Mark Watson III for his role in the firm’s failure to disclose more than $5.3 million worth of perks and personal benefits. The SEC said …
United Airlines is telling some flight attendants whose colleagues test positive for COVID-19 to keep flying and monitor for symptoms, three employees told Reuters, raising concerns among staff about the policy. “Most of us feel that’s unsafe,” said one of …