- Cigna settles shareholder lawsuits over Anthem merger
Health insurer Cigna Corp. has agreed to settle multiple class-action lawsuits that alleged Cigna and its pending acquirer, Anthem Inc., shortchanged investors and agreed to bad deal.
- Cyber warfare fallout to businesses, customers predicted
Businesses and consumers will become collateral damage in cyber conflicts among countries next year, while activists’ hacks will make a comeback, says a report.
- Senator calls for $600 million to combat opioid, heroin abuse
Legislation that would grant more than half a billion dollars in emergency funds to federal programs tackling opioid and heroin abuse has been introduced by a U.S. senator.
- Uniform supplier denies sex bias in $1.5 million EEOC settlement
Cintas Corp. will pay $1.5 million to settle a sex discrimination lawsuit filed by the Equal Employment Opportunity Commission.
- British court approves landmark plea deal over Standard Bank bribery
(Reuters) — A judge approved Britain’s first deferred prosecution agreement, a new type of plea deal, on Monday in a case centered on $6 million in bribes paid to Tanzanian officials by the Tanzanian unit of South Africa’s Standard Bank.
- Zurich pulling out of Middle East
Zurich Insurance Group Ltd. will stop underwriting nonlife insurance business in the Middle East because of limited profit prospects, it said.
- Marine insurer Skuld to give club members premium credit
Oslo, Norway-based marine insurer Assuranceforeningen Skuld has announced a guaranteed premium credit of at least 2.5% for all of its protection and indemnity members.
- Fed to take up 'too big to fail' emergency lending curb
(Reuters) — The Federal Reserve Board will consider on Monday a proposal to curb its emergency lending powers.
- Munich Re eyes business boost from new E.U. capital rules
(Reuters) — German reinsurer Munich Reinsurance Co. said it expects to generate more business as a result of the new Solvency II risk capital rules, which take effect Jan. 1.