Specialist D&O MGA Banyan Risk Expands Into Canadian Market December 22, 2021 Banyan Risk Ltd., the managing general agent (MGA) that launched in Bermuda this year, is expanding its operations into Canada....
Bayer Faces Billion-Dollar Class Action Suit in Germany Over Monsanto Takeover December 17, 2021 BERLIN – Bayer faces a billion-dollar investor class action lawsuit in Germany over the takeover of U.S. seed manufacturer Monsanto,...
UK Accounting Firm Grant Thornton Fined for Audit of Café Chain Patisserie Valerie September 28, 2021 Accountancy firm Grant Thornton has been fined for its audit of Patisserie Valerie, the British cafe chain that collapsed in...
Twitter Agrees to Pay $810M to Settle Shareholder Lawsuit Over Growth Prospects September 20, 2021 By Molly Schuetz and Robert Burnson Twitter Inc. agreed to pay $809.5 million to settle a shareholder class action lawsuit that accused the social media company...
Ireland to Introduce Laws to Make Insurers, Bankers Accountable for Corporate Failings July 30, 2021 DUBLIN – Ireland will introduce long-anticipated laws to make senior bankers and executives in other financial sectors directly accountable for...
VW Investors Approve $339M Deal to Settle Diesel-Scandal Claims Against Former Execs July 23, 2021 FRANKFURT – Shareholders in Europe’s largest carmaker Volkswagen on Thursday approved a deal to settle claims against four former executives,...
BHSI Introduces D&O Liability and Professional Indemnity Policies in Ireland June 29, 2021 Berkshire Hathaway Specialty Insurance (BHSI) announced it has added to its customized suite of directors & officers (D&O) liability and...
Volkswagen’s D&O Liability Insurers Agree to Pay €270M of Diesel Emissions Payout June 10, 2021 By Christoph Steitz, Jan Schwartz and Thomas Escritt FRANKFURT — Volkswagen said on Wednesday it had agreed to settle claims against four former executives, including long-time CEO Martin...
Jailed Ex-Wirecard CEO Files Lawsuit Against Chubb to Get D&O Coverage May 10, 2021 By Karin Matussek Markus Braun, the former chief executive officer of scandal-ridden Wirecard AG who has been in jail for almost a year,...
Beat Capital Launches Tegron Specialty for D&O; Names Navigators’ Shore CEO May 4, 2021 LONDON – Beat Capital Partners Ltd. and industry veteran Paul Shore have opened a new underwriting vehicle Tegron Specialty that...