Chubb today announced that Mark Homan has been appointed Division President, International Property and Casualty, for Overseas General Insurance, the company’s international general insurance operations.
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AIG Unit Wins Insurance Appeal Over $90M Shareholder Settlement
An AIG unit won its appeal over coverage of a $90 million shareholder settlement stemming from broker Willis Towers Watson’s merger activities in 2015.
NCCI: Workers Compensation Performance Remained Healthy in 2022
The performance of the US workers compensation system remains healthy according to the 2022 metrics that the National Council on Compensation Insurance (NCCI) released today.
U.S. Antitrust Enforcers Are Chilling Big Mergers
The US government’s aggressive stance on antitrust is chilling merger activity among the country’s biggest companies, with some deals never making it past the boardroom as executives fear lengthy and expensive approval processes.
Twitter Beats Two Lawsuits Stemming from Mass Layoffs
A California federal judge on Monday dismissed a proposed class action accusing Twitter Inc of targeting female employees for layoffs after Elon Musk acquired the company last year.
Former Uber Security Chief Sentenced for Data Breach Cover-Up
The former chief security officer for Uber was sentenced to probation Thursday for trying to cover up a 2016 data breach in which hackers accessed tens of millions of customer records from the ride-hailing service.
White House Considers Ban on Ransom Payments, With Caveats
The White House and international partners in the fight against ransomware are considering a ban on ransom payments, eyeing a new and complicated means to counter financially motivated threat actors.
Channel Harvest Research Shows Agencies Hitting Their Stride on Growth
Independent insurance agencies clearly have put the impact of the pandemic-related shutdowns in the rear-view mirror, according to the 2023 Channel Harvest Research survey.
Goldman Sachs to Pay $215M to Settle Female Employees’ Discrimination Case
Goldman Sachs has agreed to pay $215 million to settle a class-action lawsuit with a large group of former and current female employees.
SEC Awards $279M in Largest-ever Whistleblower Payout
The SEC announced a $279 million award to a whistleblower, the largest the agency has ever given someone who stepped forward with information benefiting an investigation.
