- Devastating hailstorm could be state's costliest
A hailstorm that damaged more than 110,000 vehicles and thousands of homes in the San Antonio area earlier this month is likely to become the costliest hailstorm in Texas history.
- Catastrophe bond deals set quarterly record
The insurance-linked securities market set a record in the first quarter of this year when more than $2 billion in catastrophe bond deals were completed, units of Willis Towers Watson P.L.C. and Aon P.L.C. said Wednesday.
- Anthem subsidiary joins with local health system to form regional insurer
A Wisconsin unit of health insurer Anthem Inc. and Milwaukee-based health system Aurora Health Care say they are partnering to form a health insurer that will market plans to large and medium-size employers.
- E.U. hits Google with second antitrust charge
(Reuters) — The European Union charged Google Inc. on Wednesday with using its dominant Android mobile operating system to squeeze out rivals, opening a second front against the U.S. technology giant that could result in large fines.
- Lesbian firefighter awarded damages after harassment, retaliation
A former firefighter has been awarded more than $800,000 for gender, sexual orientation and disability discrimination she suffered.
- Legislation would limit use of PBGC premium hikes
Pension plan sponsors have complained about increasing premiums they pay to the Pension Benefit Guaranty Corp.
- Cooper Gay Swett & Crawford names group commercial director
Cooper Gay Swett & Crawford Ltd. said on Wednesday that it has named London-based Andy Wallin as group commercial director, effective immediately.
- Credit risk placement platform allows users to bind policies online
Willis Towers Watson P.L.C. said on Wednesday that it has launched a new version of Mercury, its credit risk placement platform.
- Abuse of employer-paid opioid prescriptions widespread
About 32% of opioid prescriptions paid for by employers are being used inappropriately, according to Castlight Health.