INSURANCE NEWS
Trial Begins Over Arkansas’ Ban on Trans Youth Healthcare
The nation’s first trial over a state’s ban on gender-confirming care for children begins in Arkansas this week, the latest fight over restrictions on transgender youth championed by Republican leaders and widely condemned by medical experts. U.S. District Judge Jay …
Oliver Wyman Agrees to Buy A&D Consulting Firm Avascent
Oliver Wyman announced it entered into an agreement to acquire Avascent, an aerospace and defense management consulting firm focused on the corporate and private equity sectors. The terms of the transaction were not disclosed. The deal is expected to close …
NFP Acquires UK Broker Bentley Insurance Services
NFP, the the New York City-based property/casualty insurance broker and consultant, announced it has acquired Mason James Insurance Services Ltd. (doing business as Bentley Insurance Services), one of the largest brokers in Staffordshire, England. Launched in 1922, Bentley specializes in …
Tennessee to Vote on ‘Right-to-Work’ Constitutional Amendment
As unions see new hope from organizing U.S. businesses ranging from Starbucks storefronts to an Amazon warehouse, Republican-led Tennessee will officially take its voters’ temperature on an organized labor issue in November. Lawmakers there have offered up a ballot amendment …
AXA to Acquire Spanish P/C Insurer GACM España for €310M
AXA announced that AXA Spain has entered into exclusive negotiations to acquire Groupe Assurances du Crédit Mutuel España (GACM España), a Spanish property/casualty and health insurer. Under the terms of the transaction, AXA will acquire GACM España from Groupe des …
One Killed, Two Injured After Falling into Grain Storage Bin in Mississippi
One man died and two were injured Thursday after they all fell into a grain storage bin at a farm in the Mississippi Delta. Multiple law enforcement and rescue personnel responded to the scene near U.S. Highway 82 in Itta …
Omaha Zoo Close Some Exhibits After Pelican Dies From Bird Flu
Omaha’s Henry Doorly Zoo & Aquarium has closed several exhibits and taken other precautions after one of its pelicans died from the bird flu. The zoo said one of its pink-backed pelicans that died on Thursday tested positive for the …
Women Are Quitting Executive Roles at Faster Rate Than Ever: Report
Women are leaving the top ranks of companies at higher rates than ever before — as female employees remain less likely to get promoted into leadership roles in the first place. For every woman at the director level who gets …
Ride-Hailing Firm Lyft Hikes Service Fee for Rides as Insurance Costs Rise
Lyft Inc. is increasing the service fee its U.S. riders pay directly to the company to cover higher insurance costs, the ride-hailing firm said. The increase averages less than 50 cents per trip nationally, a Lyft spokesperson said. The company …
UK Orders Poultry Farmers to Take Steps to Stop Spread of Bird Flu
Britain has ordered farmers to enact measures to curb bird flu cases, as the virus spreads in other parts of the world from Europe to the US. The UK government on Monday declared a prevention zone that requires farmers to …
China’s Sunshine Insurance to Seek HK Stock Exchange Nod for $1B IPO: Sources
China’s Sunshine Insurance Group Co. is planning to seek Hong Kong stock exchange approval for its initial public offering as soon as next week, according to people familiar with the matter. The Beijing-based company may start gauging investor demand once …