The judge presiding over the Boy Scouts of America bankruptcy issued a ruling Tuesday removing a former Delaware bankruptcy judge as a mediator, saying a court filing by the Boy Scouts raised questions about his impartiality. Judge Laura Selber Silverstein …
Alphabet Inc.’s Google is suing two Russian nationals it claims are part of a criminal enterprise that has silently infiltrated more than a million computers and devices around the world, creating “a modern technological and borderless incarnation of organized crime.” …
Goldman Sachs Group Inc .must again face a class action by shareholders who said they lost $13 billion because the Wall Street bank hid conflicts of interest when creating risky subprime securities before the 2008 financial crisis, a judge ruled …
According to wholesale insurance executives, their segment of the property/casualty insurance industry is more exciting and fulfilling than other sectors of the industry. It’s also full of potential for young insurance professionals starting out in the current hard market and …
AM Best is maintaining a stable market segment outlook for the global reinsurance segment, citing in part the ongoing positive pricing momentum driven by rising loss cost inflation, enhanced underwriting discipline, including tighter terms and conditions, and a growing demand …
Millions of platform workers in Europe could be on their way to being designated as employees, a move that labor groups say could transform their status. The European Commission on Thursday set out new rules that would mean people working …
Canada Pension Plan Investment Board (CPP Investments) is seeking to sell its Wilton Re and Ascot Group insurance platforms, marking a strategic U-turn for the fund in the face of intense competition, people familiar with the matter said on Wednesday. …
The fastest wage gains since the 2008 global financial crisis are throwing up opportunities and obstacles throughout the UK economy, leaving workers to wonder how much they’ll ultimately benefit. Underlying wages, adjusting for distortions caused by lockdowns and the furlough …
Stan Koch and Sons Trucking, based in Minneapolis, will pay $500,000 and furnish other relief to settle a sex discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission. According to the EEOC’s lawsuit, Koch’s use of the CRT Test, …
AbbVie Inc. agreed to pay $200 million to settle claims by New York that its Allergan unit helped fuel an epidemic of opioid addiction in the state, shortly before jurors heard closing arguments from remaining defendant Teva Pharmaceutical Industries Ltd. …
