A nearly $103 million offer by Louisiana’s property insurer of last resort to settle claims disputes was rejected on Feb. 24 by lawyers representing the policyholders, who objected to several pieces of the proposal, including a cap on attorneys’ fees. …
Reinsurer Transatlantic Holdings Inc said it received a renewed buyout offer of $52 a share in cash from Warren Buffett’s Berkshire Hathaway Inc but said the bid was too low. Transatlantic and Allied World Assurance Co Holdings Ltd called off …
Reinsurers Allied World Assurance Co. Holdings Ltd and Transatlantic Holdings Inc. called off their merger Friday in the face of overwhelming opposition, leaving Transatlantic to decide between two larger, unsolicited offers. Allied World said in a statement it would receive …
