A federal appellate court ruling might be the beginning of the end for policyholder arguments that income lost because of government shutdowns should be recovered through commercial property insurance policies.
The U.S. Department of Justice (DOJ) had sued to block the deal, saying it would reduce competition and could lead to higher prices. The two companies agreed to terminate their merger and end their litigation with the DOJ. As part of the termination, Aon will pay $1 billion to Willis.
Starting in early August, your phone will automatically alert you to thunderstorms considered to be "destructive" in your area. These storms are typically damaging wind events and intense thunderstorms.
Curated weekly by BuildingMetrix experts, InsuranceEDGE helps you work smarter. You don't want to miss an issue. Get InsuranceEDGE delivered to your inbox every Thursday. BuildingMetrix is a WSRB company.