Why Chinese Crypto Entrepreneur Was No-Show for $4.5M Buffett Charity Lunch July 25, 2019 By Olga Kharif Chinese cryptocurrency entrepreneur Justin Sun, who cited health issues in postponing his charity lunch with Warren Buffett this week, issued...
Insurers Owed $20 Billion Offer Own Rescue Plan for PG&E in Bankruptcy Court July 25, 2019 Insurance companies that say Pacific Gas & Electric owes them more than $20 billion from wildfire claims wants to take...
Northeast Insurer Kingstone to Exit Commercial Liability Lines July 25, 2019 Kingstone Companies Inc., a Northeast regional property and casualty insurance holding company, has announced that its wholly owned subsidiary, Kingstone...
Charges Dismissed Again in Deadly Philadelphia Amtrak Crash July 25, 2019 For the second time, a Philadelphia judge has dismissed all criminal charges filed against an Amtrak engineer in a deadly...
More Than 67K Still Without Electricity in New Jersey Following Storms July 25, 2019 More than 67,000 homes and businesses in New Jersey are still without electricity two days after a line of thunderstorms...
High Winds, Tornado Rip Off Cape Cod Hotel Roof, Lead to Power Outages July 25, 2019 High winds and one radar-confirmed tornado ripped off a hotel roof, downed trees that blocked roads, and knocked out power...
ProSight Prices IPO at $14 per Share July 25, 2019 Specialty insurer ProSight Global announced the pricing of the initial public offering (IPO) of 7.8 million shares of common stock...
Chubb Q2 Saw Net Income Dip, Premium Growth July 25, 2019 Global insurer Chubb’s saw its net income dip slightly and its P/C combined ratio nudge higher during the 2019 second...
First Half Natural Disasters Cost Insurers $20B, Down 26% from 18-Year Average: Aon July 25, 2019 Global insured losses from natural disasters during the first half were estimated at US$20 billion, which is 26% lower than...
Allergan Announces Global Recall of Textured Breast Implants July 25, 2019 By Nivedita Balu and Manas Mishra Allergan Plc said on Wednesday it was recalling its Biocell textured breast implants and tissue expanders across markets, citing concerns...