Bayer Reported to Be Near $8-10 Billion Roundup Settlement: Handelsblat June 23, 2020 Bayer AG is close to agreeing a settlement worth $8-10 billion over claims its glyphosate-based Roundup weedkiller causes cancer, German...
A Picasso, an $18M Hole, a Casino Owner, an Auctioneer, an Insurer and a Contractor June 23, 2020 By Andrew G. Simpson Insurance specialist LeConte Moore and professional fine art appraiser Vincent Wiener deal with high-profile performers and artists and their works...
Hiscox, Thimble to Offer Short-Term Business Insurance Plans June 23, 2020 Hiscox has partnered with Thimble, a short-term liability insurance provider for small businesses, to offer coverage available by the hour,...
Supreme Court Upholds But Curbs SEC’s Power to Force Ill-Gotten Gains in Fraud Cases June 22, 2020 By Lawrence Hurley and Andrew Chung The U.S. Supreme Court on Monday placed limits on the Securities and Exchange Commission’s practice of forcing defendants to surrender...
There’s Plenty of Room for Improvement in U.S. Commercial Lines: Fitch June 22, 2020 By Susanne Sclafane With an industry overall combined ratio for 2019 hovering just below 100, and individual lines like long-tail liability moving 10...
AXA XL’s Mackie Joins Liberty Mutual Re to Head U.S. Property Business June 22, 2020 Two-year old Liberty Mutual Re said it has appointed Scott Mackie to the role of director of Assumed Reinsurance –...
In U.S., 1 in 4 COVID-19 Deaths Are Residents of Nursing Homes June 22, 2020 By Ricardo Alonso-Zaldivar and Justin Myers Nursing home residents account for nearly 1 in 10 of all the coronavirus cases in the United States and more...
Online Used Car Retailer Shift Talking Merger With Insurance Acquisition June 22, 2020 By Gillian Tan, Crystal Tse and Katie Roof Shift Technologies Inc., an online retailer for used cars, is in talks to merge with blank-check company Insurance Acquisition Corp.,...
Colleges Asking Returning Athletes to Sign COVID-19 Risk Forms June 22, 2020 By Ralph D. Russo Ohio State calls it the Buckeye Acknowledgment and Pledge, a two-page document the school asked its athletes to sign before...
AmTrust Exec Launches Commercial Crime Product for Businesses June 22, 2020 AmTrust Exec, a division of AmTrust Financial Services, Inc., has introduced a commercial crime product designed to provide coverage for...