Boeing Directors Seek Dismissal of Investors’ Lawsuit Over 737 MAX Safety March 30, 2021 By Eric M. Johnson Boeing Co. asked a Delaware court to throw out a shareholders’ lawsuit over the safety of its 737 MAX following...
Supreme Court Grapples With Investor Class Actions in Goldman Sachs Securities Case March 30, 2021 By Andrew Chung U.S. Supreme Court justices on Monday struggled in a case involving Goldman Sachs Group Inc. over how judges should determine...
Number of Independent Agencies Dips a Bit: Future One Study March 30, 2021 Despite continued robust agency mergers and acquisitions activity, the number of independent insurance agencies has remained stable at 36,000, a...
Private Equity Firm Odyssey Partners With Management to Acquire SIAA March 29, 2021 Private equity firm Odyssey Investment Partners has joined with management of SIAA (Strategic Insurance Agency Alliance), the nation’s largest alliance...
Allstate’s Sale of New York Unit to Wilton Re to Complete Exit from Life, Annuity Business March 29, 2021 The Allstate Corp. said it has agreed to sell its New York life insurance and annuity operation to Wilton Re...
Chubb ‘Disappointed’ in Hartford’s Rejection of Merger Offer, Talks March 29, 2021 By Andrew G. Simpson Global insurer Chubb Ltd. today issued a statement that it is “disappointed that The Hartford chose not to engage in...
FEMA Knows About Trying to Build Back Better Infrastructure March 29, 2021 By Leslie Kaufman Lawmakers in Washington are gearing up for the Biden administration’s first major legislative challenge: a set of measures on long-term...
Analysts Affirm CNA Ratings As Insurer Continues Probe of Cyber Attack March 29, 2021 By Andrew G. Simpson CNA Financial Corp.’s financial ratings have not been affected by the insurer’s recent cyber attack. AM Best, S&P Global Ratings...
Software Developers Launching Type of Insurance Cover for Cryptocurrencies March 29, 2021 By Olga Kharif Adventurers in what is perhaps the most lucrative and risky corner of the cryptocurrency world are starting to see a...
Photographer Wins Copyright Claim Over Warhol Art March 29, 2021 By Larry Neumeister A U.S. appeals court sided with a photographer Friday in a copyright dispute over how a foundation has marketed a...