Underwriting
CEO Personally Liable for $148M in Unfair Buyout: Delaware Judge
The billionaire chief executive of Dole Food Co. and his top lieutenant must pay $148.2 million of damages to shareholders they shortchanged when the produce company went private in 2013, a Delaware ...
Controversial Trinity Guardrail System Set For Extra Testing in Virginia
Trinity Industries Inc.'s guardrail system will undergo additional crash testing by Virginia, raising new questions about a device on roadways across the country. Some of Virginia's six proposed ...
Report: U.K.’s Professional Indemnity Sector Poised For More Robust Growth
The professional indemnity and directors & officers insurance sector has grown constantly since 2012 and is expected to continue the upward trend until at least 2019, according to the findings of ...
Allstate Using Promise of Retail Therapy to Entice Safer Driving
Allstate believes it can entice customers to drive more safely with the promise of retail therapy. In theory, the added benefit could also attract new clients. The Illinois based multi-line insurer ...
A Strengthened Tropical Storm Erika Heads Toward Florida
Tropical storm warnings were in effect on Wednesday for Puerto Rico and the Virgin Islands as Erika, the fifth named storm of the Atlantic hurricane season, closed in on the Eastern Caribbean and ...
State Auto’s New CEO Makes Changes and Brings in New Blood
State Auto Financial Corp. is experiencing some of the first major executive and organizational changes since former Fireman's Fund CEO Michael LaRocco formally took over in May. A key element of ...
Buffett’s GEICO Agrees to California Settlement Over Misleading Price Quotes
GEICO, the auto-insurance unit at Warren Buffett's Berkshire Hathaway Inc., agreed to a settlement with California regulators after its online price quotes misrepresented some coverage as the ...
Uber Lobbies Heavily To Reshape Driver Regulations in California
Uber has spent more on lobbyists in California than Facebook and Apple combined to fend off regulations aimed at the heart of its worldwide business model. The San Francisco company's lobbyists are ...