A Delaware state judge has rejected a request by the board of Tesla Inc. to dismiss a stockholder complaint over an “excessive” 2018 performance award to CEO Elon Musk. In the spring of 2018, shareholders of the electric car-maker approved …
Unless it’s Sunday, Kelly Loew is steering her rusty red Jeep down the same mail route in Shingletown, as she has six days a week for the last seven years. But she delivers less mail these days as California’s persistent …
The Democratic-controlled House of Representatives last week passed a continuing resolution to extend federal government funding through Nov. 21 and avoid a government shutdown at the end of the month. The bipartisan vote of 301-123 saw three Democrats vote no …
The aviation industry is bracing for double-digit insurance premium hikes for the first time in about 15 years, as insurers wrestle with higher costs from aircraft groundings, including the grounding of Boeing Co.’s 737 MAX jets following two fatal crashes, …
Private equity billionaire Joshua Harris thinks there are still plenty of undervalued companies to improve and profit from, especially away from the public markets. “Certainly, this is not a value-oriented environment,” said Harris, senior managing director of Apollo Global Management, …
Generali US Branch, the U.S. arm of Generali Group, announced the launch of its Specialty Insurance Division, which will focus on providing warranty services and solutions. The Specialty Insurance Division will provide both insurance and obligor services for warranty programs …
Chuck Yeager, the retired U.S. Air Force pilot who broke the sound barrier, has sued Airbus SE, accusing the aerospace company of using his name and likeness without permission to promote a new high-speed helicopter. In a complaint filed on …
By the time David Kaisel got back from selling his flour at a farmers’ market, a wildfire in California’s Capay Valley had burnt both his tractor and the shipping container where he kept some tools. His insurer is set to …
Torrent Technologies, a Marsh company, has launched FloodPlus Commercial – a comprehensive private market primary flood insurance offering for agents of its Write Your Own (WYO) carrier clients. Underwritten by Bermuda-based Hiscox through Johnson & Johnson, Inc., a Mount Pleasant, …
Buying some green bud at a dispensary shouldn’t be much different than purchasing a green pepper at the supermarket. That’s how Rocco Petrilli, a long-time insurance and risk management consultant to the auto industry, sees it. Petrilli, like many who …
