Insurance software provider Duck Creek Technologies said it has entered into an agreement to be bought by Vista Equity Partners in an all-cash deal of about $2.6 billion. Pending Duck Creek stockholder and regulatory approvals, the transaction is expected to …
Sam Bankman-Fried may find it hard to argue the fraud charges against him should be tossed because of uncertainty as to how U.S. law treats cryptocurrency, as other high-profile defendants in criminal cases involving digital assets have done. That is …
This edition of International People Moves details appointments at AXA XL, Liberty Specialty Markets (LSM) and MS Amlin. A summary of these new hires follows here. AXA XL Promotes Coxall to Head of Underwriting Mgmt, UK & Lloyd’s AXA XL …
Some environmental groups have taken legal action against French bottled water and dairy group Danone over its plastic use, accusing it on Monday of failing to sufficiently account for all the plastic used along its production cycles. Danone, the world’s …
Ant Group’s founder Jack Ma will give up control of the Chinese fintech giant in an overhaul that seeks to draw a line under a regulatory crackdown that was triggered soon after its mammoth stock market debut was scuppered two …
Following a record year in 2021, insurance agency consulting firm Marshberry said the amount of mergers and acquisitions in the insurance industry dropped by more than 200 in 2022 but when all is said and done, the year could still …
A federal judge last week approved an $11 million deal to end a proposed class action lawsuit against insurance technology provider Zywave. The lawsuit filed in U.S. District Court for the Northern District of Texas in June 2021 alleged Insurance …
A former Florida claims adjuster for State Farm Insurance and Berkshire Hathaway Group has pleaded guilty to participating in a brazen plan in which suspects posed as law officers and robbed alleged drug dealers in the Tampa area. From December …
ANNAPOLIS, Md. (AP) — The families of victims in the Capital Gazette shooting and some newspaper employees who survived the deadly 2018 attack dismissed civil charges against The Baltimore Sun and Tribune Publishing this week after settling the case, the …
Vermont has requested a federal damage assessment to see if the state qualifies for a federal major disaster declaration from last month’s storm that caused tens of thousands of power outages and other damage. Vermont Emergency Management Director Erica Bornemann …
