U.S.
After Chubb’s Failed Hartford Try, Allianz Now Mulling Possible Counteroffer
Chubb Ltd.'s $23 billion takeover offer for Hartford Financial Services Group Inc. has prompted Germany's Allianz SE to study the feasibility of a counteroffer, according to people familiar with the ...
Executives On The Move at Cover Genius and RSA
Cover Genius appointed a new chief operating officer and a second executive as its first-ever Global Chief Revenue Officer. RSA named appointments for chair and CFO of its UK and International ...
CNA Protected Its Brand With Quick Response to Cyber Attack: S&P
CNA's quick response to a cybersecurity breach that disrupted its network has helped preserve the company's brand and competitive position, Standard & Poor's concluded in a recent assessment. ...
AXA Joins $20M VC Round for Idelic, a Commercial Trucking Analytics Startup
AXA is an investor in a $20 million fundraising round for Idelic, a Pittsburgh-based InsurTech startup that produces commercial trucking analytics plus driver management products and services. ...
Draft Biden Order Compels Software Vendors to Disclose Breaches to U.S. Govt.
A planned Biden administration executive order will require many software vendors to notify their federal government customers when the companies have a cybersecurity breach, according to a draft ...
$6B-$10B Per Week in Lost Trade Possible Due to Suez Canal Blockage: Allianz
The container ship blocking the Suez Canal could cost global trade $6 billion to $10 billion a week, a study by German insurer Allianz showed on Friday. The study by Europe's biggest insurer also ...
U.S. Regulators Are Close to Creating Pet Insurance Legal Standards
U.S. insurance regulators are close to creating a legal standard for pet insurance that would address long-standing consumer complaints that insurers rarely pay up when their furry friends are not ...
Securities Class Action Settlements Held Steady in 2020 Despite Pandemic
Securities class action settlements for 2020 generally kept pace with recent years despite the pandemic, according to a recent report from Cornerstone Research. The report, "Securities Class Action ...