U.S.
Tokio Marine Closes $3.1B Acquisition of PURE Group
Tokio Marine Holdings announced that it has completed the acquisition of Privilege Underwriters Inc. and its subsidiaries, known as PURE Group, which specializes in the U.S. high-net-worth insurance ...
Bayer Appeals to Overturn $86M Roundup Cancer Verdict
Bayer AG has asked a California appeals court to overturn an $86 million verdict that found it was responsible for a couple's cancer caused by its glyphosate-based weed killer Roundup. In a Friday ...
Facebook Pledges Security Improvements After Hack of 29 Million Users
Facebook Inc. pledged to improve security protocols to resolve a lawsuit blaming the company for a 2018 data breach that exposed personal data of 29 million users. The company will check more ...
A New Risk for Muni-Bond Insurers: Ransomware Attacks on Healthcare Providers
Hackers have finally done what bond issuers may have feared most from cyber criminals. A ransomware attack on Pleasant Valley Hospital in West Virginia was partly responsible for the hospital's ...
Verizon Sued by Huawei in U.S. for Alleged Multiple Patent Violations
Huawei Technologies Co. has filed two patent infringement lawsuits against Verizon Communications Inc. following an apparent failure to agree on licensing terms for the use of its intellectual ...
The Latest Launches From Chubb and Berkshire Hathaway
Chubb enhanced one of its signature digital platforms with new capabilities for client and broker users. Berkshire Hathaway 's GUARD Insurance Companies added Michigan to the list of states where the ...
Executives On The Move at Farmers, W.R. Berkley and Kemper
Farmers Insurance made two promotions within its organization. W.R. Berkley Corp. appointed a former executive from The Navigators Group as a claims executive. Kemper Corp. appointed a new member to ...
Travel Interrupted: Thousands Stranded Globally by China Bans
China's coronavirus outbreak has triggered an unprecedented clampdown on travel to and from the world's second-largest economy, leaving thousands of people stranded across the globe and dealing a ...