Tesla’s $2.6 Billion SolarCity Buyout Ruled Fair as Dismissal of Shareholder Suit Upheld June 7, 2023 By Chris Dolmetsch esla Inc.’s $2.6 billion acquisition of SolarCity in 2016 was “entirely fair” to shareholders, Delaware’s top court ruled, upholding the...
Wildfires Force Miners to Halt Operations in Eastern Canada June 7, 2023 By Mathieu Dion Several mining companies have temporarily halted operations and exploration activities in eastern Canada as unprecedented wildfires rage. Iron Ore Co....
Another Soft Market Is Inevitable June 7, 2023 By Susanne Sclafane In recent weeks, executives of brokers and carriers have been delivering mixed messages about conditions in the commercial insurance market....
Appeals Court Won’t Revisit Towers Watson $80M D&O Denial for Willis Merger Lawsuits June 7, 2023 By Andrew G. Simpson A federal appeals court has denied insurance broker Towers Watson a rehearing of a May ruling that found it may...
U.S. Tightens Crackdown on Crypto With Lawsuits Against Coinbase, Binance June 7, 2023 By Jonathan Stempel, Hannah Lang and John McCrank The top U.S. securities regulator sued cryptocurrency platform Coinbase on Tuesday, the second lawsuit in two days against a major...
Guy Carpenter Names Rousseau CEO of EMEA and Global Capital Solutions June 7, 2023 Guy Carpenter announced the appointment of Laurent Rousseau to the newly created position of Guy Carpenter CEO of EMEA and...
Navigating the Unknowns with Chatbots and Insurance June 7, 2023 By Elizabeth Blosfield Insurers are in the risk business, but how prepared are they for the risks presented by generative AI and chatbots...
Cycling Fatalities Reach 46-Year High June 7, 2023 By Allen Laman Cyclist fatalities reached a multi-decade high in 2021. According to a recent report from the National Highway Traffic Safety Administration,...
Keys Staffing Firm Owner Gets 32 Months for Illegal Worker Tax Violations June 7, 2023 By Insurance Journal Staff Reports The owner of several Key West staffing companies is on his way to prison after a federal judge sentenced him...
Oregon City to Clear Sidewalk Tents to Settle Lawsuit with People With Disabilities June 7, 2023 By Claire Rush Portland, Oregon will remove tents blocking sidewalks under a tentative settlement in a lawsuit brought by people with disabilities who...