Supreme Court Backs Challenge to IRS Micro-Captive Reporting Rule May 17, 2021 By Andrew G. Simpson The U.S. Supreme Court has allowed a challenge to an Internal Revenue Services (IRS) requirement for firms to report micro-captive...
People Moves: Hannover Re’s Bruns to Peak Re; AIG’s Nagra to BHSI; 4 Mosaic Hires May 17, 2021 This wrap-up of international People Moves details recent appointments at Peak Reinsurance, Berkshire Hathaway Specialty Insurance and the new Bermuda-based...
Law Firms and Their Insurers Feel the Pain of Bigger Malpractice Claims May 17, 2021 Even as law firms made adjustments to sustain their operations through the COVID-19 pandemic, they were unable to avoid the...
1K Los Angeles Residents Ordered to Evacuate in Wildfire May 17, 2021 About 1,000 Los Angeles residents were evacuation orders on Monday as firefighters protected canyon homes from a smoky wildfire that...
California Crash Victim Posted Videos Riding in Tesla on Autopilot May 17, 2021 By Daisy Nguyen The driver of a Tesla involved in a fatal crash that California highway authorities said may have been operating on...
Oregon Landowner Suit Seeks $103M from Public Utilities for Wildfire May 17, 2021 A lawsuit filed on behalf of 70 landowners in Oregon’s McKenzie River Valley seeks $103 million from Lane Electric Cooperative...
Ex-Bank Official in Massachusetts Gets Year in Prison for $1.5M Embezzlement May 17, 2021 A former Bank of America manager who pleaded guilty to embezzling $1.5 million from a company that did business with...
Meetings to Be Held on Status of PFAS Chemicals in New Hampshire Communities May 17, 2021 Meetings will be held online for three southern New Hampshire communities to give the public updates on the status of...
Update: Severe Cyclone Tauktae Slams India’s West Coast May 17, 2021 By Pratik Parija and Debjit Chakraborty A severe cyclonic storm made landfall on India’s west coast, home to major refineries and ports, causing heavy rain and...
New Vermont Law Waives Time Limit for Physical Abuse Suits May 17, 2021 Vermont Governor Phil Scott has signed into law a measure that lifts the statute of limitations in civil cases of...