U.S.
AXIS $611.5M Acquisition of Novae to Close by Mid-October
AXIS Capital Holdings Ltd. expects to complete its acquisition of Novae Group plc by mid-October. European Commission approval of the $611.5 million transaction is expected no later than Oct. 18, the ...
FSOC Leaves SIFI Labels Unchanged
A panel of U.S. regulators decided after meeting on Friday to stick with its existing policy for stricter rules on a handful of large financial institutions it deems "systemically important." The ...
EPA Removed Waste at Texas Toxic Sites in Harvey Response Efforts
The Environmental Protection Agency says it has recovered 517 containers of "unidentified, potentially hazardous material'' from highly contaminated toxic waste sites in Texas that flooded last month ...
Expect More Energy Contract Lawsuits, Thanks to Hurricane Harvey
Lawyers expect a spate of force majeure contract lawsuits after Hurricane Harvey tore through Southeast Texas and parts of Louisiana last month, paralyzing a fifth of U.S. fuel output and pushing ...
UK PM May Pursues Brexit Strategy Reboot With Transition Period Request
U.K. Prime Minister Theresa May will reboot her Brexit strategy on Friday by proposing a period of transition after the split with the European Union even if that means continuing to send money to ...
Global Reinsurers Pummeled by Storms, Quakes
A profit warning from one of the world's largest reinsurers is the latest sign that the death and destruction from a spate of hurricanes and earthquakes in North America are now taking a toll on the ...
Executives On The Move at The Hartford, Starr Companies and JLT Specialty USA
The Hartford has a new treasurer. Starr Companies promoted an executive in its Domestic Accident & Health division. JLT Specialty USA named a new director. *** Sabra Purtill is The Hartford's new ...
Harvey, Irma Could Threaten Record Homeowner/Rental Insurer Customer Service Scores: J.D. Power
Homeowners and renters are giving record-high customer satisfaction scores to their insurers, but Hurricanes Harvey and Irma could place those numbers in jeopardy as property losses mount, J.D. Power ...