U.S. regulators gear up for a three-year countdown that will force many Chinese companies to leave American stock exchanges, after a long impasse between Washington and Beijing over access to the companies’ audit records.
Under the new pricing system, policyholders in some coastal areas could face big premium increases while others in less-exposed spots will see smaller increases or even decreases.
Testing positive for Covid-19 overseas and getting stuck in quarantine is now a major deterrent for prospective vacationers. Is trip evacuation coverage the answer?
The moves come as the insurance broker is aiming to rebound from the collapse of its planned merger with Aon PLC
The move is part of a shake up that follows the launch of a Department of Justice investigation into losses at Allianz’s Structured Alpha funds.
The deal is the latest sign that the country’s authorities are trying to help the property giant resolve some of its financial troubles.
Rep. Peters is in the crosshairs of liberal groups and lawmakers who want broad Medicare price negotiations as part of the $3.5 trillion spending package.
Cybersecurity and insurance provider Coalition Inc. has received a $205 million investment at a valuation of more than $3.5 billion, and plans to use the infusion to grow faster and expand into new insurance lines, among other initiatives, it said Tuesday.
The American Dental Association is mobilizing its 162,000 members to fight a proposal to include dental coverage for all Medicare recipients, opposition that could prove pivotal as Democrats look to make cuts in their $3.5 trillion domestic policy agenda.
Under the agreement, Ms. Meng admitted to some wrongdoing, securing an exit from Canada and her U.S. extradition fight; meanwhile, two Canadians detained in China were released.
Hong Kong tycoon Richard Li’s FWD Group landed a $400 million investment as part of the Asian insurer’s plans for a multibillion-dollar U.S. listing.
Last year the property developer offered deep discounts to keep sales growing and the Chinese government effectively said it had borrowed too much, yet its auditor gave it a clean bill of health.
Insurance giant Progressive said it has tapped packaged-goods marketing veteran Remi Kent to succeed Jeff Charney as its chief marketing officer starting in November.
Since Alex Murdaugh admitted last week to trying to stage his own murder, months after his wife and son were killed, new twists have landed by the day in cases involving the South Carolina lawyer and his family. “I feel like I’m in a three-ring circus,” said another lawyer.
Capital Markets Gateway looks to transform a business long accustomed to phone calls and pieces of paper.
The move follows passage of a law banning foreign companies from the country’s exchanges if their auditors haven’t been inspected by American regulators.
The Financial Accounting Standards Board proposed a rule that would require companies to disclose key terms and the size of their supply-chain financing, a move aimed at helping investors better understand the short-term borrowing mechanism.
Auto, home and business insurers will reflect their share of costs in third-quarter earnings.
Medicare insurers drew $9.2 billion in federal payments in one year through controversial billing practices, with 20 insurers combining for more than half of the total, according to federal health investigators.
Private-equity firms and other asset managers are increasingly buying into insurance and annuities.