SunTrust Banks and BB&T Corp. announced that both companies’ boards of directors have unanimously agreed to merge the two financial services firms in an all-stock merger of equals valued at approximately $66 billion. The combined company will be the sixth-largest …
A way to diagnose a severe neurological disorder can’t be patented as it covers a law of nature, a U.S. appeals court ruled Wednesday in a closely watched case that sought to clarify the patenting for medical diagnostic tests and …
Microsoft Corp. is releasing a service to help health-care companies move vast amounts of patient data to its cloud and connect with other related systems in a bid to offer clinicians, individuals and researchers a more comprehensive view of patient …
Starting next year, U.S. employees at insurance company Unum Group will have a choice: The company will put money toward their student loans, if the worker gives up five paid vacation days. The new perk is a creative twist on …
Ironshore Environmental has made its stand-alone Storage Tank Policy accessible to brokers through an online quote & bind portal. The coverage addresses first- and third-party liability in response to releases from underground and aboveground storage tanks with available limits from …
David Johansen, John Waite and other prominent 1970s musicians filed lawsuits on Tuesday accusing Sony Music Entertainment Inc. and UMG Recordings Inc. of improperly refusing to let them reclaim rights to songs they had long ago signed away. The proposed …
Waldorf Trade Risk, LLC (WTR), an insurance program administrator specializing in trade credit risk, has launched ReceivaSure, an accounts receivable insurance program for small- and medium-sized companies built on an end-to-end digital underwriting platform capable of processing most quotes in …
Technology-driven health plan Oscar has named former American International Group executive Sid Sankaran as its new chief financial officer. Sankaran, who will join Oscar on March 1, was named chief financial officer at AIG in December 2015 in an executive …
In 2018 fourth quarter, global insurer Chubb saw a surge in catastrophe losses, along with growth in premium revenue, better global property/casualty pricing and record net investment income. The insurer booked $355 million in net income compared to more than …
Generali Global Assistance said it has acquired Trip Mate from Arthur J. Gallagher. Details were not disclosed. Trip Mate is incorporated in Kansas and domiciled in the state of Missouri. It is licensed in all states. Its plans are underwritten …
