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Stakeholders who own millions of shares in Towers Watson & Co. are planning to vote against the firms $8.7 billion merger with Willis Group Holdings Plc if the terms of the transactions are not improved.
The wildfires that raged across Northern California last month will cost insurers more than $1.1 billion, according to catastrophe modeler Impact Forecasting.
Volkswagen AG waited two months after acknowledging a software abnormality in its cars to tell regulators the algorithm was designed to cheat emissions tests, according to a staff memo prepared for lawmakers investigating the automaker.
The waiting list for an insurer to get a spot on the underwriting floor of Lloyds of London is the longest in its 327-year history, indicating record demand for access to the market.
Leaders of national terrorism reinsurance pools world-wide will gather to discuss the operational factors affecting the provision of terrorism risk reinsurance.
HSB's Cyber Risk Survey results reveal nearly 70% of businesses experienced a breach in 2015but 55% of risk managers still think their companies aren't doing enough to protect themselves.
T-Mobile and the U.S. unit of credit-tracking firm Experian Plc are facing a growing list of lawsuits after hackers gained access to personal data on 15 million T-Mobile customers.
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