Two fired executives of Markel’s Bermuda reinsurance operations are suing Markel claiming the company created a false narrative alleging they violated corporate policy by having a personal relationship in order to escape having to pay them bonuses worth millions of …
The estate of Michael Jackson sued HBO for $100 million over what it says is the “posthumous character assassination” of the late singer in the “Leaving Neverland” documentary. The Jackson estate alleges HBO, which is owned by AT&T Inc., violated …
The United States, Canada and Mexico are coordinating efforts to prevent the arrival of a highly contagious swine disease that has swept through China’s hog herd and parts of Europe, U.S. Agriculture Secretary Sonny Perdue said on Thursday. The disease, …
The average price tag for a business to recover after a cyber attack is $400,000, which can be fatal for small-and-medium-sized enterprises (SMEs), according to a report published by Chubb. This hefty cost of repairing the business and its reputation …
Federal transportation officials are requiring railroads to establish regional response teams along oil train routes following a series of fiery derailments. The new rule is aimed at having crews and equipment ready in the event of an accident. It applies …
The high-profile failure of a Nike Inc. basketball shoe on Wednesday night was more than an epic embarrassment for the athletic brand. It could be a product-liability case. Duke University star freshman Zion Williamson — the consensus No. 1 pick …
Apax VIII, a fund advised by Apax Partners, has agreed to sell its entire stake in AssuredPartners, a growing U.S. insurance brokerage, to an investor group led by GTCR, a Chicago-based private equity firm. GTCR previously owned AssuredPartners from its …
Flood insurance company Neptune Flood has partnered with online Hippo Insurance to provide consumers with quick access to flood insurance as part of purchasing of home insurance. Hippo promises quick processing and modernized home insurance coverage at a savings. It …
Insurtech Trōv is now offering its on-demand online, single-item insurance products in seven additional states and the District of Columbia. Trōv has now expanded into Alabama, Arkansas, Georgia, Hawaii, Iowa, Michigan, Tennessee and Washington, D.C. The insurtech company had previously …
A new form of online bribery is emerging where cyber criminals attempt to extort cryptocurrency by claiming to have potentially embarrassing evidence of people using adult websites on work computers, according to a report issued by Beazley Breach Response (BBR) …
