U.S.
Apple’s Patent Infringement Award From Samsung Hit With SCOTUS Setback
The U.S. Supreme Court told a lower court to take another look at a $399 million award won by Apple Inc. from rival Samsung Electronics Co. for copying the design of the iPhone. The unanimous ...
Berkley’s High-Net-Worth Personal Lines Brand Debuts
W.R. Berkley Corporation, among the latest companies to embrace the high-net-worth market, has debuted its new personal lines brand focused on the space. It's called Berkley One. The line is set to ...
Industrywide Webinar Urges Young P/C Professionals to Help Recruit Others
Insurance industry executives and groups working to attract millennials to the sector are now actively targeting their younger colleagues to help get the word out. On Dec. 2, the recruiting ...
RBS Agrees to Pay Up to $1B to Settle Investor Lawsuits Over 2008 Offering
Royal Bank of Scotland Group Plc moved closer to clearing a backlog of charges for misconduct that have slowed its return to profitability, agreeing to pay as much as 800 million pounds ($1 billion) ...
P2P Startup Lemonade Closes $34M in New Financing From General Catalyst, Others
Lemonade nailed down $34 million in new venture financing, a crucial, second round of financing as the peer-to-peer InsurTech startup focuses on expanding and growing sales of its renters and ...
Updated: Liberty Mutual to Grab Specialty Insurer Ironshore for $3B
Liberty Mutual Insurance has agreed to snatch up specialty lines insurer Ironshore Inc. from Chinese conglomerate Fosun International Ltd. for about $3 billion. The planned acquisition, rumored for ...
Hiscox Re Getting Krefta as New CEO; Pinchin Shifting to New Role
Hiscox named a new leader for its reinsurance arm and Bermuda division. The specialist global insurer disclosed that Michael Krefta has been appointed CEO of Hiscox Re and insurance linked ...
Texas Jury Orders J&J to Fork Over $1B for Faulty Hip Implants
Johnson & Johnson was ordered by a Texas jury to pay more than $1 billion to patients who claimed the company hid flaws in its Pinnacle artificial hips that had to be surgically removed, in ...