U.S.
Spurned Buyer: CoreLogic Discloses Unsolicited Bid After Already Accepting Another Offer
CoreLogic disclosed it has received an unsolicited bid from a rival, two weeks after the data and analytics firm agreed to a $6 billion acquisition from two private equity firms. CoStar Group, a ...
Texas Bill Would Force Business Interruption Policies to Cover Pandemic Losses
A bill filed in Texas would require business interruption insurance policies to cover losses from a pandemic. Under SB 249, filed by Sen. Charles Schwertner, business interruption insurance would be ...
Diversity Officer With Starbucks, NBA Experience Joins Marsh & McLennan
Global insurance and professional services firm Marsh & McLennan Cos. announced that Nzinga Shaw will join the company as chief Inclusion & Diversity officer effective February 16. Shaw most ...
Investors See Dollar Signs in Denied COVID-19 Insurance Claims
A growing market niche where investors profit from others' legal troubles is getting a boost from Covid. Distressed-investing funds and litigation-finance boutiques are likely to be spoiled for ...
Amazon Sues NY Attorney General to Stop Its COVID-19 Lawsuit
Amazon.com Inc on Friday sued New York's attorney general to stop the state from filing its own lawsuit over the online retailer's early response to COVID-19, including its firing of activist ...
Florida Property Insurers Raise Rates by Double Digits, Driven by Multiple Factors
Florida property insurers are jacking up rates by double-digit percentages, blaming the hikes on lingering damage from past hurricanes, a wave of litigation, and a law that encourages lawyers to sue ...
The Latest Launches From Arch Insurance and Berkshire Hathway GUARD
Arch Insurance debuted a new online platform that lets brokers rapidly price and purchase Business Travel Accident policies for U.S.-based companies with up to 250 business travelers. Berkshire ...
Insurers Overwhelmed by Demand for D&O Coverage for Reverse-Merger Companies
The SPAC boom is overwhelming a key player in the creation of a blank-check companies: insurers. Firms selling directors-and-officers liability policies for special purpose acquisition companies have ...