Tesla’s $2.6 Billion SolarCity Buyout Ruled Fair as Dismissal of Shareholder Suit Upheld June 7, 2023 By Chris Dolmetsch esla Inc.’s $2.6 billion acquisition of SolarCity in 2016 was “entirely fair” to shareholders, Delaware’s top court ruled, upholding the...
Wildfires Force Miners to Halt Operations in Eastern Canada June 7, 2023 By Mathieu Dion Several mining companies have temporarily halted operations and exploration activities in eastern Canada as unprecedented wildfires rage. Iron Ore Co....
Another Soft Market Is Inevitable June 7, 2023 By Susanne Sclafane In recent weeks, executives of brokers and carriers have been delivering mixed messages about conditions in the commercial insurance market....
Appeals Court Won’t Revisit Towers Watson $80M D&O Denial for Willis Merger Lawsuits June 7, 2023 By Andrew G. Simpson A federal appeals court has denied insurance broker Towers Watson a rehearing of a May ruling that found it may...
U.S. Tightens Crackdown on Crypto With Lawsuits Against Coinbase, Binance June 7, 2023 By Jonathan Stempel, Hannah Lang and John McCrank The top U.S. securities regulator sued cryptocurrency platform Coinbase on Tuesday, the second lawsuit in two days against a major...
Guy Carpenter Names Rousseau CEO of EMEA and Global Capital Solutions June 7, 2023 Guy Carpenter announced the appointment of Laurent Rousseau to the newly created position of Guy Carpenter CEO of EMEA and...
Navigating the Unknowns with Chatbots and Insurance June 7, 2023 By Elizabeth Blosfield Insurers are in the risk business, but how prepared are they for the risks presented by generative AI and chatbots...
Kathy Quintana of HUB International Honored with 2023 IICF Inclusion Champion Award June 7, 2023 By Newswire Award to be presented June 14 at IICF Inclusion in Insurance Global Conference in New York Los Angeles, May 30,...
Cycling Fatalities Reach 46-Year High June 7, 2023 By Allen Laman Cyclist fatalities reached a multi-decade high in 2021. According to a recent report from the National Highway Traffic Safety Administration,...
How the 2023 Banking Crash Reminds Us Why Insurance Solvency Matters June 7, 2023 By Ellen Lichtenstein This post is part of a series sponsored by AgentSync. With a slew of recent financial institution failures, it’s an...