Anthem, Cigna in Court Battles Over Failed Merger February 25, 2019 By Jef Feeley and David McLaughlin There’s no dispute that a $48.9 billion merger announced in 2015 between health insurers Anthem Inc. and Cigna Corp. imploded...
Vatican Said to Be Changing Law Shielding Bishops Who Hide Sex Abuse February 25, 2019 By Nicole Winfield The legal loopholes that have allowed Catholic bishops to escape sanction when they cover up clergy sex abuse cases may...
GEICO’s Nicely Quietly Retired as CEO; Roberts at Helm February 25, 2019 By Katherine Chiglinsky and Michelle Kim Warren Buffett used his annual letter to heap praise on Tony Nicely, the long-time chief executive officer of Berkshire Hathaway...
Berkshire Hathaway in Talks to Sell Workers’ Compensation Unit Applied Underwriters February 22, 2019 By David French Warren Buffett’s Berkshire Hathaway Inc. is in advanced discussions to sell its Applied Underwriters workers compensation unit to a consortium...
2 CATCo Executives Sue Markel Over Firing; Claim They Are Owed $77 Million February 22, 2019 By Andrew G. Simpson Two fired executives of Markel’s Bermuda reinsurance operations are suing Markel claiming the company created a false narrative alleging they...
Michael Jackson Estate $100M Lawsuit Alleges ‘Character Assassination’ by HBO February 22, 2019 By Edvard Pettersson The estate of Michael Jackson sued HBO for $100 million over what it says is the “posthumous character assassination” of...
U.S. Working with Mexico, Canada to Block African Swine Fever February 22, 2019 By Julie Ingwersen The United States, Canada and Mexico are coordinating efforts to prevent the arrival of a highly contagious swine disease that...
Financial, Reputational Costs of Cyber Attacks Can Ruin Small, Medium Firms: Chubb February 22, 2019 The average price tag for a business to recover after a cyber attack is $400,000, which can be fatal for...
U.S. Wants Regional Response Teams for Oil Train Wrecks February 22, 2019 By John Raby Federal transportation officials are requiring railroads to establish regional response teams along oil train routes following a series of fiery...
Broken Nike Basketball Shoe Could Be Product Liability Case February 22, 2019 By Eben Novy-Williams and Steven Sellers The high-profile failure of a Nike Inc. basketball shoe on Wednesday night was more than an epic embarrassment for the...