Strategy
Billionaire Investor Icahn Sues to Prevent AmTrust From Going Private
Billionaire investor Carl Icahn sued the directors of AmTrust Financial Services Inc., Chief Executive Officer Barry Zyskind and the family that controls the insurer to challenge a plan to take the ...
Root Plans Bigger Columbus, Ohio HQ, Plus Many New Hires to Fuel National Expansion
Root disclosed plans to grow its workforce over the next three years by about 500 percent and also move to a new, significantly expanded headquarters in Columbus, Ohio. The auto insurance startup, ...
AmTrust’s Proposed Privatization Attracts Another Opponent: Shareholder Arca Capital
The Prague-based investment firm Arca Capital said it plans to work with activist investor Carl Icahn and other minority shareholders to prevent a proposed privatization of AmTrust Financial Services ...
Progressive, Travelers, Chubb Among Insurers Pulling Back From Muni-Bond Market
Some of the biggest U.S. insurers reduced their holdings of state and local government bonds after the corporate tax cut took effect this year, marking a retreat by a key buyer in the $3.9 trillion ...
The Latest Launches From W.R. Berkley Corp., XL Catlin and Hartford Steam Boiler
W.R. Berkley Corp. unit Berkley One is partnering with a provider of identity theft and data defense services for a new coverage endorsement. XL Catlin now offers an insurance package designed for ...
Icahn, a Large AmTrust Shareholder, Protests Deal to Take Insurer Private
AmTrust Financial Services Inc. jumped almost 12 percent in late trading Thursday after billionaire Carl Icahn disclosed a stake in the company and said he planned to oppose its plans to go private. ...
Lemonade Debuting an Open Source Insurance Policy All Can Help Shape
Lemonade Inc. has come out with an open source insurance policy that rivals can use and all have the capacity to shape, something it touts as a first within the industry. Dubbed Policy 2.0, the ...
Buffett’s Berkshire Hathaway Grows Apple Investment, Doubles Teva Stake
Warren Buffett's Berkshire Hathaway Inc on Tuesday said it has more than doubled its investment in generic drugmaker Teva Pharmaceutical Industries Ltd , and confirmed it has become Apple Inc's ...