More than two years after the Boy Scouts of America sought bankruptcy protection amid an onslaught of child sex abuse allegations, a judge will determine whether to confirm its proposed reorganization plan in a trial starting March 14. The trial …
Insurance Office of America Names 6 Regional Executives Insurance Office of America (IOA) is pleased to announce the appointment of six regional presidents to its leadership team. The appointees to regional president include: Nathan Brainard – Central Florida Region Michael …
Cowbell Cyber, a provider of cyber insurance for small and medium-sized enterprises (SMEs), secured $100 million in capital in its latest series B funding round. The capital raise was led by Anthemis Group with participation from Permira, PruVen Capital, NYCA …
The share price of Warren Buffett’s Berkshire Hathaway Inc. reached $500,000 for the first time on Monday, reflecting the company’s status as a defensive stock in a market unsettled by events in Ukraine and rising inflation. Berkshire’s Class A shares …
Global insurance broker Willis Towers Watson (WTW) announced on Sunday that it will withdraw from all of its businesses in Russia in response to Russia’s war against Ukraine. The announcement comes after competitor Marsh McLennan said last Thursday it would …
The Biden Administration has issued a final rule intended to ensure safety of occupants in automated vehicles. This rule updates the current Federal Motor Vehicle Safety Standards to account for vehicles that may be equipped with automated driving systems (ADS) …
Berkshire Hathaway Inc. on Friday urged the rejection of four shareholder proposals recommending that it replace Warren Buffett as chairman, report on its plans to handle climate risk and reduce greenhouse gases, and improve diversity. The company, run by Buffett …
IMA Financial Unveils the Metaverse’s First Insurance Research & Development Facility Financial services firm IMA Financial Group said it has launched the metaverse’s first insurance and risk management research and development facility. Called IMA Web3Labs, it will be located in …
Angry, defiant and sometimes tearful, more than two dozen Americans whose lives were upended by the opioid crisis finally had their long-awaited chance Thursday to confront in court some members of the family they blame for fueling it. They were …
Companies critical to U.S. national interests will now have to report when they’re hacked or they pay ransomware, according to new rules approved by Congress. The rules are part of a broader effort by the Biden administration and Congress to …
