April 9, 2018
How much JPMorgan Chase & Co. will pay to make an $8 billion jury award go away may never be publicly known — but it almost certainly won’t be more than $90 million. The bank this week reached a confidential …
April 9, 2018
Britain’s financial watchdog called on Monday for immediate coordination with European Union counterparts to ensure that Brexit is as smooth and stable as possible for markets. The Financial Conduct Authority (FCA) has said financial firms should feel comfortable about relying …
April 9, 2018
Hub International Ltd., the Chicago-based insurance broker, announced it has acquired the shares of ES3 Insurance Services Ltd. operating as ES3 Advisory. Terms of the acquisition were not disclosed. Headquartered in Vancouver, British Columbia, ES3 Advisory is an employee benefits …
April 9, 2018
Berkshire Hathaway Specialty Insurance Co. (BHSI) has introduced Executive First Private Company Portfolio and Executive First Nonprofit Organization Portfolio policies in Asia. “Our Private Company and Nonprofit Organization Portfolio forms provide far-reaching, contemporary coverage backed by BHSI’s financial strength,” said …
April 9, 2018
Maximum has hired Clancy Johannsen to add to its professional lines presence to the West Coast. Johannsen has nearly two decades of professional liability experience. She began her career in general liability and has since transitioned into a professional and …
April 9, 2018
JPMorgan Chase & Co., Amazon.com Inc., and Berkshire Hathaway will focus on the biggest health issues threatening the U.S. economy in their new joint venture, including aligning healthcare payments with employee health and addressing chronic diseases, CEO Jamie Dimon said …
April 9, 2018
The administrator of the U.S. Federal Emergency Management Agency said Friday it will take up to an estimated $50 billion to help rebuild Puerto Rico from Hurricane Maria and warned that the U.S. territory is not ready for another disaster. …
April 9, 2018
Homicides accounted for 10 percent of all fatal occupational injuries in the United States in 2016, according to the Bureau of Labor Statistics. There were 500 workplace homicides in 2016, an increase of 83 cases from 2015. The 2016 total …
April 9, 2018
Kentucky is officially moving forward on making the biggest changes to the workers’ compensation system in decades. The legislation – backed by business groups but opposed by organized labor groups – was passed by both the State Senate and House …
April 9, 2018
Specialist insurance provider CFC has released a new version of its cyber insurance product for U.S. healthcare providers. The latest policy enhances CFC’s combined cover for privacy and operational disruption with industry-specific features to help healthcare organizations prepare for and …