Insurers to Pay $21M of $41M Shareholder Settlement with Wynn Resorts December 1, 2019 By Edvard Pettersson Casino mogul Steve Wynn agreed to pay $20 million toward a settlement of shareholder lawsuits that claimed Wynn Resorts Ltd.’s...
Argo Activist Shareholder Voce Renews Battle to Elect Independent Board Members November 27, 2019 By L.S. Howard Activist shareholder Voce Capital Management LLC is renewing its fight with the board of Argo Group International Holdings Ltd. This...
BHSI Taps Warrior, Formerly with Hiscox, as Head of D&O Underwriting, UK & Ireland November 26, 2019 Berkshire Hathaway Specialty Insurance (BHSI) announced that it has expanded its European team with the addition of Chris Warrior as...
Westpac’s Money Laundering Breaches Gave ‘Free Pass to Pedophiles:’ Australia Official November 25, 2019 By Byron Kaye Australian Home Affairs Minister Peter Dutton said Westpac Banking Corp. must pay the price for giving “a free pass to...
Shareholder Suit Claims Boeing Board Liable in 737 MAX Problems November 19, 2019 By Tom Hals and Tracy Rucinski A shareholder lawsuit filed on Monday accused Boeing Co.’s board of doing nothing to investigate the safety of the 737...
Public Consultation Launched to Help Set Global Standards for Tailings Dams November 15, 2019 By Barbara Lewis A six-week public consultation launched [in London] on Friday will help set global standards to improve mining safety, aiming to...
Vale’s ‘Negligence’ May Have Cost Lives, Says Brazil Mining Regulator November 12, 2019 By Jake Spring and Christian Plumb Brazil’s mining regulator on Tuesday blasted iron ore miner Vale SA for failing to disclose problems with a mining dam...
AM Best Reviews Argo Group’s Ratings in Reaction to SEC Probe, Watson Exit November 8, 2019 AM Best has placed the credit ratings of Argo Group International Holdings Ltd. and its subsidiaries under review with negative...
Vale CEO Received Emailed Warning Ahead of Brazil Dam Collapse: Report November 5, 2019 By Christian Plumb The former chief executive of Brazilian iron ore miner Vale received an anonymous email weeks before the deadly collapse of...
Apollo’s Insurer Unit, Athene Holding, Quietly Settles Harassment Case Against CEO September 25, 2019 By Heather Perlberg and Sabrina Willmer The allegations described a boss letting loose with profane tirades, sexist insults, racist comments, even physical intimidation. Purported incidents piled...