News
WTW Completes $3.25B Sale of Treaty Reinsurance Brokerage Business to Gallagher
Arthur J. Gallagher & Co. announced it has completed the $3.25 billion acquisition of nearly all of the treaty reinsurance brokerage operations of Willis Towers Watson plc. Together with ...
New York Wants Monitor to Oversee Amazon Workplace Safety, Alleging Setbacks
New York state's attorney general on Tuesday asked a state judge to appoint a monitor to oversee worker safety at an Amazon.com Inc fulfillment center in New York City, citing the retailer's alleged ...
Insurance Technology Firm Zywave Snatches Up Quoting Software Outfit ClarionDoor
Milwaukee-based Insurance technology firm Zywave reports it has acquired Santa Barbara, Calif.-based ClarionDoor, a seller of insurance product distribution software for the property/casualty market. ...
The III Joint Industry Forum Resumes In-Person Dec. 2 After Nearly Two Years
The Insurance Information Institute is resuming in-person events with its Joint Industry Forum 2021 on Thursday, Dec. 2 in Manhattan. This time, as with many post-COVID gatherings, there will be some ...
Executives On The Move at AXA XL, Arturo and QBE
A Chubb veteran signed on to AXA XL to head its Global Risk Management business in the southwestern United States. American Family spinout Arturo hired its first-ever Chief Marketing Officer. QBE ...
Opioid Verdict Against Pharmacy Chains May Not Survive Appeal
While a Cleveland jury concluded Walmart Inc., CVS Health Corp. and Walgreens Boots Alliance Inc. exacerbated Ohio's opioid epidemic with lax oversight of prescription painkillers, the verdict may ...
China Issues Tougher Risk Management Rules for Insurance Groups
China's banking and insurance regulator on Tuesday issued new rules governing the risk management of insurance groups, which will step up supervision, limit holdings of non-core units and regulate ...
Fauci: Further U.S. COVID Restrictions Unlikely Due to Omicron Variant
The United States is unlikely to impose further restrictions amid the anticipated arrival of the Omicron COVID-19 variant, the nation's top infectious disease official said on Monday after a travel ...