Monthly Archives: <span>October 2021</span>

Howden Acquires CHB Insurance Brokers in Estonia

Howden, the international insurance broker, announced the acquisition of CHB Insurance Brokers (CHB), one of the pre-eminent property/casualty brokers in the Baltic region. Financial details of the transaction were not disclosed. The acquisition represents Howden’s first step into the Baltic …

Activist Investors Starboard Value, Elliott Management Take Stakes in Willis: WSJ Report

Activist investors Starboard Value LP and Elliott Management Corp have taken stakes in insurance broker Willis Towers Watson PLC, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Starboard, Elliot and Willis Towers did not immediately …

Lawsuit says Nashville Diocese Failed to Protect Minor from Sexual Abuse

A lawsuit accuses the Catholic Diocese of Nashville of failing to protect a minor child from sexual abuse by an employee at a Murfreesboro church. The suit filed in Circuit Court in Nashville claims the diocese received multiple warnings from …

Russia Arrests Top Cyber Security Exec, Sending Shockwaves in Business Community

MOSCOW (AP) – Russian authorities have arrested an executive of a top cyber-security company on the charges of high treason, a move that has sent shock waves through Russia’s business community. A court in Moscow on Wednesday announced a ruling …

Florida’s Citizens Insurance Affirmed in Three of Four Claims Appeals

As Citizens Property Insurance, Florida’s state-created insurer of last resort, works to reduce its exposure, officials there may take heart from three court rulings handed down this week. A fourth decision, however, could end up costing the insurer significantly. In …