Markets/Coverages: Brownyard’s Library Program; Core Specialty’s Equine Unit; Skyward’s Cannabis Bonds; Roamly’s Travel April 18, 2022 Brownyard’s ‘By The Cover’ Now 15 Additional States New York-based program administrator Brownyard Group announced that its By The Cover,...
How Warren Buffett Does a Deal: Alleghany Merger Backstory April 18, 2022 By Susanne Sclafane Berkshire Hathaway didn’t require Alleghany to pay any breakup fee in the event another potential acquirer topped an $11.6 billion...
Infowars Files for Bankruptcy Amid Sandy Hook Lawsuits April 18, 2022 By Jeremy Hill and Rachel Butt Companies owned by far-right radio host Alex Jones filed for bankruptcy after being hit by a flurry of lawsuits. Three...
Amazon CEO Jassy Says He Wants to Improve Warehouse Safety April 18, 2022 In his first letter to Amazon shareholders, CEO Andy Jassy offered a defense of the wages and benefits the company...
Future Liability Releases at Center of Boy Scouts Bankruptcy April 18, 2022 By Randall Chase Protecting local Boy Scouts of America councils and troop sponsoring organizations from future liability for child sex abuse claims is...
Responses to U.S. SEC Climate Disclosure Rules Keep Coming in April 14, 2022 By Don Jergler There’s been a lot of ringing in on newly proposed rules from the Securities and Exchange Commission mandating that all...
Judge Finds Tesla Liable to Black Former Worker Who Alleged Bias, but Slashes Payout April 14, 2022 By Jonathan Stempel and Daniel Wiessner A federal judge said on Wednesday Tesla Inc. was liable to a Black elevator operator who said the electric car...
Cyber Premiums Rapidly Grew 74% in 2021: Fitch April 14, 2022 According to estimates by Fitch Ratings, direct written premiums (DWP) for standalone and packaged cyber insurance increased 74% to nearly...
People Moves: AIG Promotes Bolt; RIMS Honors Griffith; Tokio Marine HCC Hires Ingerslev for Cyber; Frenier to Lead CAC Specialty Prof, Cyber Business Development April 14, 2022 AIG Appoints Tom Bolt EVP and Chief Risk Officer American International Group (AIG) said Tom Bolt was named Executive Vice...
Familiar Securities Plaintiff Sues to Stop Berkshire’s $11.6 Billion Deal for Alleghany April 14, 2022 By Chad Hemenway At least one shareholder of Alleghany Corp. is unhappy with the insurer’s agreement to be bought by Warren Buffett’s Berkshire...