Berkshire Hathaway Sues Law Firm It Says Aided $756 Million M&A Fraud October 15, 2020 By Bob Van Voris A unit of Warren Buffett’s Berkshire Hathaway Inc. claims a top international law firm helped German piping component maker Wilhelm...
Weighing Effects of Treasury’s Ransomware Pay Warnings on Cyber Victims and Insurers October 15, 2020 By Andrew G. Simpson Recent warnings from the U.S. Treasury about paying ransomware demands are unlikely to substantially change how cyber insurers cover or...
Ohio Restaurant Group to Pay $75K to Settle Sex Harassment Suit October 14, 2020 A Cincinnati, Ohio-area restaurant group will pay $75,000 to a former employee and implement other relief to settle a federal...
Future Unsure for Many After Louisiana’s Back-to-Back Hurricanes October 14, 2020 Michele Vincent’s home was largely intact in spite of hurricanes Laura and Delta. But tears streamed down her face as...
IMA Selects Bryan to Lead Energy Group in New Houston Office October 14, 2020 Insurance brokerage IMA Inc. has opened its Houston office and appointed Ricky Bryan as executive vice president, director of Houston...
Appalachian Underwriters Opens New Office in Texas October 14, 2020 Appalachian Underwriters Inc. (AUI) has opened a new satellite office in Richardson, Texas, and hired Terry Holley as regional manager....
NTSB: Incomplete Safety Procedures Led to Illinois Barge Explosion October 14, 2020 The National Transportation Safety Board said in a new report that the use of incomplete safety procedures was the probable...
Oklahoma Insurance Commissioner OKs Workers’ Comp Premium Rate Drop October 14, 2020 A 9.6 percent decrease in Oklahoma workers’ compensation insurance loss costs for 2021 has been approved by the state’s insurance...
Indiana Court: Allstate Liable in Fatal Crash Because Victim Was a ‘Resident Relative’ October 14, 2020 By Jim Sams The Indiana Supreme Court has ruled that Allstate must pay $25,000 in uninsured motorist benefits to the estranged husband of...
New Guy Carpenter Unit Serves Carriers, MGAs in Program Business Market October 14, 2020 Global reinsurance broker Guy Carpenter & Co. has started a new dedicated unit to provide services to insurance carriers and...