Berkshire Hathaway Specialty Insurance (BHSI) has launched Professional First Asset Management Liability Insurance, which provides broad professional liability, directors & officers liability, and crime coverage tailored for investment managers and funds in the UK and Ireland. “Highly volatile investment and …
CBS Corp. directors agreed to settle for $1.25 million investors’ claims that network owner Sumner Redstone received millions of dollars in improper compensation after he became incapacitated in 2014. The money — coming from insurance covering CBS’s officers and directors …
The crash of an Ethiopian Airlines plane that killed 157 people had “clear similarities” with October’s Lion Air crash, Ethiopia said on Sunday, shown by initial analysis of the black boxes recovered from the wreckage of the March 10 disaster. …
Allianz SE is exploring the possibility of a combination of its asset management arm with Deutsche Bank AG’s DWS Group to create a national champion in active money management, according to people familiar with the matter. The Munich-based insurer is …
Berkshire Hathaway Inc on Friday said its newest vice chairmen, Greg Abel and Ajit Jain, were each awarded about $18 million last year, in the first detailed look at the pay of the men considered the leading candidates to succeed …
Bethesda, MD, March 18, 2019—United Educators (UE), a reciprocal risk retention group that insures education, on May 1 will launch enhancements to its liability insurance coverage for public K-12 schools to continue its commitment to protect them with education-specific policies, …
There’s a lot of loose talk about convergence between people and robots. As some see it, the rise of artificial intelligence will make humans obsolete — or at least force people to think more like machines. Whether this prophecy should …
TriSure Corporation has been acquired by Alera Group, a national insurance firm, effective March 1, 2019. Terms of the transaction were not announced. With over 1,500 employees in more than 70 locations across the nation, Alera Group offers employee benefits, …
Former coal baron Don Blankenship is suing several news outlets and media personalities, claiming he was defamed during his failed bid for a U.S. senate seat in West Virginia. Blankenship’s suit was filed Thursday in Mingo County, West Virginia. It …
The Alabama Forestry Commission estimates timber losses caused by deadly tornadoes on March 3 at nearly $5.9 million. That’s almost $1,000 per acre of timberland damaged by two or three tornadoes in Macon, Lee and Barbour counties. A report posted …
