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What M&A trends will transform the 2024 insurance landscape?
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
United States | Publication | July 2022
The US Occupational Safety and Health Administration (OSHA) announced on June 30, 2022, that it is extending its Revised National Emphasis Program for COVID-19 (NEP) until further notice. This occurs as OSHA continues to work on a permanent COVID healthcare standard.
Originally launched in March 2021, the NEP focuses enforcement efforts on companies that put the largest number of workers at "serious risk" of COVID infection. It also addresses employers who retaliate against workers who complain about unsafe or unhealthful conditions in the workplace.
OSHA also announced it is increasing its COVID-related inspection goal from five to 10 percent of total inspections. Citing the Centers for Disease Control and Prevention's reporting on increased national COVID hospitalization rates since April 2022, OSHA is prioritizing inspections at workplaces with higher exposure potential. These include hospitals, assisted living facilities, nursing homes, other healthcare and emergency response facilities and meat and poultry processing plants.
Since the onset of the pandemic in February 2020, OSHA has issued over 1,200 COVID-related citations and assessed penalties totaling US$7.2 million. OSHA has also pursued employers for claims of retaliation by over 400 workers who raised concerns about COVID, resulting in over US$5 million in monetary awards to the employees.
Publication
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
Publication
The ongoing conflicts and further geopolitical tensions in Eastern Europe and the Middle East, coupled with upcoming elections in a number of key countries including the US and the UK, make 2024 challenging to predict what impact this will have on the insurance sector.
Publication
On 6 September 2022, the European Commission (EC) prohibited Illumina’s acquisition of Grail, bringing to an end the administrative stage of a legal saga that has attracted interest beyond competition law specialists.
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