14 12, 2020

UK Insurer Aviva to Sell Vietnamese Business to Canada’s ManuLife

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British insurer Aviva is to sell its Vietnamese business to Canadian insurer ManuLife it said on Monday, as it pushes ahead with plans to pull out from its non-core markets. Aviva, under new boss Amanda Blanc, is looking to sell …

14 12, 2020

Mastercard Loses $18.6B Class Action Court Ruling in UK

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Inc. faces the prospect of a 14 billion-pound ($18.6 billion) UK class action — the largest of its kind — after losing another battle at the country’s highest court over illegal swipe fees. The Supreme Court ruled in favor of …

14 12, 2020

Aon Acquires India’s Anviti Insurance Brokers

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Insurer broker Aon has acquired a 49% equity stake in Anviti Insurance Brokers Pvt. Ltd, a fast-growing, composite broking firm in India. Anviti will transition to the Aon brand pending regulatory approvals. Financial details of the deal were not disclosed. …

14 12, 2020

Tortuous Brexit Trade Talks Get New Breath of Life but Next Few Days Critical

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BRUSSELS/LONDON – European Union Brexit negotiator Michel Barnier said on Monday that sealing a trade pact with Britain was still possible before the country’s final break with the 27-nation bloc on Dec. 31 but the next few days of negotiations …

11 12, 2020

New York Auto Insurance Fraud Ring Busted Following Two-Year Investigation

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An enterprise insurance fraud scheme operating in lower Westchester and the Bronx has been taken down following a nearly two-year long investigation. Westchester County District Attorney Anthony A. Scarpino Jr. announced the takedown of Operation Sledgehammer, in which five registered …

11 12, 2020

Global Banks Battle COVID-19 Crime Wave

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LONDON — Fraud risk analyst Rajendran Raj was used to the odd out-of-hours alert from authorities, but a call one Saturday in March heralded a new era, of tackling criminals seeking to cash in on coronavirus. A French drugs firm …

11 12, 2020

Woman Abused by Washington Band Teacher Settles for $2M

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A school district in Washington state has agreed to a $2 million settlement after a woman sued over sexual abuse by a band teacher 30 years ago – a trauma so profound she said it caused her to stop teaching …

11 12, 2020

Family of Pilot Killed Fighting California Wildfire Sues Aircraft Companies

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The family of a veteran helicopter pilot who died when his aircraft crashed as he was dropping water over a California wildfire filed suit Wednesday against the companies that designed and maintained the aircraft. Michael Fournier of Rancho Cucamonga, California, …

11 12, 2020

No-Deal Brexit Grows More Likely as UK-EU Trade Talks Remain Deadlocked

By | December 11th, 2020|Uncategorized|Comments Off on No-Deal Brexit Grows More Likely as UK-EU Trade Talks Remain Deadlocked

Britain is likely to complete its journey out of the European Union in three weeks without a trade deal, British Prime Minister Boris Johnson and European Commission chief Ursula von der Leyen said on Friday. Britain quit the EU in …

11 12, 2020

Chubb Launches Digital Team for Continental Europe and UK & Ireland

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Chubb has announced the creation of a new digital team for Continental Europe (CE) and the United Kingdom & Ireland (UK&I). The team has been formed to develop and execute the insurer’s plans to broaden its digital product and service …