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...
Private Equity Firm GTCR Returns to Take Majority Stake in AssuredPartners February 21, 2019 Apax VIII, a fund advised by Apax Partners, has agreed to sell its entire stake in AssuredPartners, a growing U.S....
Insurtechs Neptune, Hippo Unite Home, Flood Insurance Online for Speedy Purchasing February 21, 2019 Flood insurance company Neptune Flood has partnered with online Hippo Insurance to provide consumers with quick access to flood insurance...
Insurtech Trov Now Selling in 7 Additional States and D.C. February 21, 2019 Insurtech Trōv is now offering its on-demand online, single-item insurance products in seven additional states and the District of Columbia....
‘Sextortion’ Is Emerging Cyber Risk for Businesses, Warns Beazley February 21, 2019 A new form of online bribery is emerging where cyber criminals attempt to extort cryptocurrency by claiming to have potentially...