U.S.
AmTrust Shareholder Wants Regulator Rejection of $2.95B Privatization Plan or Higher Price
One of AmTrust Financial Services' shareholders is lobbying state regulators to oppose the insurer's move to go private. "Make no mistake, privatization is bad for investors, bad for brokers, bad for ...
Scientist Panel Prepared to Recommend Much Deeper Cuts in Fossil-Fuel Pollution
A panel of the world's top climate scientists is preparing to recommend much deeper cuts in fossil-fuel pollution than currently suggested as a pathway to stave off a dangerous increase in global ...
Apple Wins Reversal of Patent Lawsuit Verdict Involving Computer Processing Tech
Apple Inc persuaded a federal appeals court on Friday to throw out a $234 million damages award in favor of the University of Wisconsin-Madison's patent licensing arm for infringing a patent on ...
Facebook Cyber Breach Affects 50M Users
Facebook Inc has discovered a security issue affecting about 50 million user accounts, the company said on Friday. Facebook said attackers stole Facebook access tokens through its "view as" feature, ...
Global Insurance Accelerator Begins Search for New Director; Hemesath to Take New Role
The Global Insurance Accelerator (GIA) has begun a search for a new managing director. Brian Hemesath, the current managing director who has taken GIA from concept to a leadership role in InsurTech, ...
Goldman Sachs, Bank of America, Others Must Face Stock Lending Antitrust Suit
Major banks including Goldman Sachs Group Inc., Bank of America Corp., Credit Suisse Group AG and JPMorgan Chase & Co. must face allegations that they conspired to prevent the "antiquated" stock ...
The Latest Launches From Aon and Marsh
Aon co-developed a policy designed to help provide financial support after a terrorist attack. Marsh is expanding its collaboration with IBM to provide clients access to the industry's first ...
Few Small Businesses in Puerto Rico Had Full Insurance Before Hurricane Maria
Only a tiny fraction of small businesses in Puerto Rico was fully insured for losses arising from last year's Hurricane Maria, which hit revenue or raised costs for more than three-quarters of them, ...