GEICO Drives Up Berkshire 2020 Underwriting Profit March 1, 2021 By Susanne Sclafane With GEICO’s 2020 underwriting profit more than doubling above the level recorded in 2019, Berkshire Hathaway’s full-year property/casualty underwriting income...
S. Africa’s Steinhoff in Talks with D&O Insurers to Help Settle Accounting Crisis Claims March 1, 2021 By Janice Kew Steinhoff International Holdings NV is in talks with the providers of director liability insurance policies about help settling legal claims...
Ex-Credit Suisse CEO Raises $300M for Financial Services-Focused SPAC March 1, 2021 By Jan-Henrik Förster Former Credit Suisse Group AG Chief Executive Officer Tidjane Thiam raised $300 million for his blank-check company after boosting the...
Top Workplace Discrimination Complaints of 2020: Retaliation #1 March 1, 2021 More than half of all workplace discrimination complaints filed with the U.S. involve retaliation, according to figures from the Equal...
Mass. Court Says Injured Worker Can’t Charge Insurer for Medical Marijuana Expenses March 1, 2021 By Elizabeth Blosfield The Massachusetts Appeals Court has found that a worker can’t charge his workers’ comp insurer for the cost of medical...
Suit Claims Sidewalk Caused Man’s Death in Washington March 1, 2021 A Clark County, Wash., woman has filed a lawsuit against the city of Vancouver claiming that poor sidewalk maintenance contributed...
Oregon Hotel Fined for Overcharging People During Wildfire March 1, 2021 A hotel in Roseburg, Oregon, has been fined $31,000 for overcharging dozens of area residents who sought rooms after fleeing...
Quake Rattles Alaska’s Largest City, No Damage Reported March 1, 2021 A moderate earthquake centered just 9 miles northwest of Anchorage was confirmed in Alaska’s largest city on Saturday. The Alaska...
Skier Sues Wyoming Resort for Alleged Chairlift Accident March 1, 2021 A Colorado woman is suing a Wyoming ski resort for more than $75,000 in damages after she said she broke...
Lloyd’s Plans to Re-Open Underwriting Room on May 17 March 1, 2021 Lloyd’s announced on Friday, Feb. 26 that it plans to re-open its London underwriting room and corporation offices on May...