ESG’s ‘Social License’ Will Endure Even If the Letters Don’t August 10, 2022 By Tim Quinson It’s been a bumpy stretch for adherents of investment strategies based on environmental, social and governance data. Much has been...
Porsche to Pay $80 Million to Resolve Fuel Economy Claims on U.S. Vehicles June 17, 2022 By David Shepardson Volkswagen AG and its Porsche AG unit have agreed to a class-action settlement worth at least $80 million to resolve...
Chubb Not Declaring Itself Net Zero, CEO Greenberg Says June 10, 2022 By Susanne Sclafane In addition to predicting greater geopolitical volatility driven by global food and energy insecurity, Chubb’s chief executive warned carriers to...
D&O Market Has Most Profitable Year Since 2014 but Results May Be an Anomaly May 11, 2022 By Chad Hemenway The directors and officers insurance marketplace in 2021 enjoyed its most profitable year since 2014 but results have to be...
Judge Rules for Elon Musk in $13 Billion Lawsuit Over Tesla-SolarCity Deal April 28, 2022 By Tom Hals Tesla Inc. Chief Executive Officer Elon Musk did not unjustly enrich himself when he guided the electric vehicle maker in...
Rates Up Again in Q1 as Signs May Point to ‘Stronger Increases’: MarketScout April 7, 2022 By Chad Hemenway During the first quarter 2022 buyers of commercial insurance saw average rate increases across all lines of 6%, according to...
California’s Corporate Diversity Law Ruled Unconstitutional April 4, 2022 By Robert Jablon A Los Angeles judge ruled that California’s landmark law mandating that corporations diversify their boards with members from certain racial,...
U.S. SEC Proposes Boosting Blank-Check Company Disclosures, Liability March 30, 2022 By Katanga Johnson and Chris Prentice Proposal requires SPACs disclose conflicts during, after listing Disclosures must be issued at least 20 days before deal vote Rule...
U.S. Attorney General: Prosecuting Individuals Is Top Priority in Policing Corporate Crime March 4, 2022 By Chris Prentice The U.S. Justice Department’s top priority in rooting out corporate malfeasance is to hold individuals accountable, Attorney General Merrick Garland...
Cartier Lawsuit Accuses Tiffany of Stealing Luxury Jewelry Trade Secrets March 2, 2022 By Jonathan Stempel Cartier sued Tiffany & Co on Monday, accusing its luxury rival of stealing trade secrets concerning its high-end jewelry from...