Elon Musk Trial Opens to Decide Fate of His $56B Tesla Pay November 14, 2022 By Tom Hals A trial opened Monday over shareholder allegations that Tesla Inc Chief Executive Elon Musk’s $56 billion pay package was rigged...
FEMA Projects $3.5-$5.3B NFIP Losses for Hurricane Ian November 14, 2022 n Friday, the Federal Emergency Management Agency announced an initial estimate of Hurricane Ian losses for the National Flood Insurance...
UPDATED: All the Latest Insurance Company Hurricane Ian Estimates Plus NFIP November 14, 2022 With third-quarter earnings reports for publicly traded companies slowing down to a trickle, and FEMA publishing an estimate of NFIP...
Elizabeth Holmes Should Get 15 Years’ Prison for Fraud, US Says November 14, 2022 By Joel Rosenblat Former Theranos Inc. Chief Executive Officer Elizabeth Holmes should spend 15 years in prison for committing one of the most...
Voters Approve Recreational Marijuana in Two More States to Total 21 November 10, 2022 By Andrew DeMillo Voters approved recreational marijuana in Maryland and Missouri but rejected it in three other states, signaling support gradually growing for...
D&O Pricing Falls 14.7% in Q3, Breaking 17-Quarters of Pricing Increases: Aon November 10, 2022 By Jahna Jacobson Directors and officers liability pricing fell 14.7% in the third quarter, according to a recent survey. Aon’s Financial Services Group’s...
Novatae Risk Group Acquires MarketScout; Kerr Named CEO November 10, 2022 Managing general agent Novatae Risk Group said it acquired fellow MGA, MarketScout Corp., on Nov 1. Terms of the transaction...
Insurers Say ‘Bazooka’ of Bogus Boy Scouts Claims is Abuse of Bankruptcy System November 10, 2022 By Chad Hemenway A group of insurers – including subsidiaries of AIG, Liberty Mutual, Allianz, Sompo International, and Travelers – are challenging an...
FTC Aims to Clamp Down on Companies Engaged in Unfair Competition November 10, 2022 By Leah Nylen The US Federal Trade Commission plans to make wider use of its 1914 founding statute to police anticompetitive behavior by...
New SEC Disclosure Rules May Drive Up D&O Claims November 10, 2022 By Jim Sams SAN DIEGO — New rules proposed by the US Securities and Exchange Commission on cybersecurity and climate impact disclosures may...