Andrew G. Simpson

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So far Andrew G. Simpson has created 789 blog entries.
22 02, 2021

Judge Tosses Wife’s Suit Blaming Employer for Her Husband’s Covid

By | February 22nd, 2021|Uncategorized|Comments Off on Judge Tosses Wife’s Suit Blaming Employer for Her Husband’s Covid

A federal judge tossed out a first-of-its-kind lawsuit that sought to hold an employer responsible for a worker’s spouse getting sick with Covid-19. U.S. District Judge Maxine M. Chesney in San Francisco on Monday dismissed the complaint filed by Corby …

23 02, 2021

U.S. Fraud Crackdown Eroding Private Equity’s Liability Shield

By | February 23rd, 2021|Uncategorized|Comments Off on U.S. Fraud Crackdown Eroding Private Equity’s Liability Shield

Insiders said one company pushed unnecessary pain medication to the U.S. military; another promoted an unproven treatment for children with cancer; and a third used unlicensed counselors to treat poor people with mental illness. In all three cases, taxpayers footed …

16 02, 2021

Progressive to Buy Transportation Insurer Protective for $338 Million

By | February 16th, 2021|Uncategorized|Comments Off on Progressive to Buy Transportation Insurer Protective for $338 Million

The Progressive Corp. is acquiring Indiana-based trucking industry insurer Protective Insurance Corp. in a move that will increase its stake in the commercial lines insurance market. Progressive has agreed to pay $23.30 per share in cash, for a total transaction …

16 02, 2021

Macif Seen as Favorite to Buy $3.6B Aviva France; Talks to Sell Italian Unit Advance

By | February 16th, 2021|Uncategorized|Comments Off on Macif Seen as Favorite to Buy $3.6B Aviva France; Talks to Sell Italian Unit Advance

Aviva Plc, the British insurer, is in advanced talks on a sale of its Italian operations as it pushes ahead with about 6 billion euros ($7.3 billion) of divestments, people with knowledge said. The U.K. company is in negotiations to …

16 02, 2021

Liability for SPAC Flops: Waitr Could Be Test Case for Disgruntled Investor Lawsuits

By | February 16th, 2021|Uncategorized|Comments Off on Liability for SPAC Flops: Waitr Could Be Test Case for Disgruntled Investor Lawsuits

Waitr Inc. never had the resources of rivals Grubhub Inc. and UberEats. Yet in November 2018 the online food ordering and delivery business went public through a merger with blank-check firm Landcadia Holdings Inc. Landcadia had some powerful names behind …

16 02, 2021

UK Judge Rules Newspaper Violated Duchess Meghan’s Privacy in Publishing Letter

By | February 16th, 2021|Uncategorized|Comments Off on UK Judge Rules Newspaper Violated Duchess Meghan’s Privacy in Publishing Letter

LONDON — A newspaper invaded the Duchess of Sussex’s privacy by publishing personal letter to her estranged father, a British judge ruled Thursday, in a major victory for the royal in her campaign against what she sees as media intrusion. …

16 02, 2021

Freeze Slams Texas; Power Could Be Out for Days

By | February 16th, 2021|Uncategorized|Comments Off on Freeze Slams Texas; Power Could Be Out for Days

The deep freeze that has forced the shutdown of U.S. refineries, oil wells and meat plants, disrupted shipments of soybeans and corn, and is still leaving more than 3 million customers without electricity could continue to keep parts of Texas …

16 02, 2021

150 Years of Spills: Philadelphia Refinery Cleanup Reveals Toxic Legacy of Fossil Fuels

By | February 16th, 2021|Uncategorized|Comments Off on 150 Years of Spills: Philadelphia Refinery Cleanup Reveals Toxic Legacy of Fossil Fuels

Wearing blue hard hats, white hazmat suits and respirator masks, workers carted away bags of debris on a recent morning from a sprawling and now-defunct oil refinery once operated by Philadelphia Energy Solutions (PES). Other laborers ripped asbestos from the …

10 02, 2021

Insurers Overwhelmed by Demand for D&O Coverage for Blank Check Companies

By | February 10th, 2021|Uncategorized|Comments Off on Insurers Overwhelmed by Demand for D&O Coverage for Blank Check Companies

The SPAC boom is overwhelming a key player in the creation of a blank-check companies: insurers. Firms selling directors-and-officers liability policies for special purpose acquisition companies have been flooded by the listings that surged last year. That’s caused insurers to …

10 02, 2021

Federal Judge Sides with Chubb in Denial of Target’s Data Breach Bank Claims

By | February 10th, 2021|Uncategorized|Comments Off on Federal Judge Sides with Chubb in Denial of Target’s Data Breach Bank Claims

Target Corp. has been denied its $138 million insurance claim against ACE (now Chubb) Insurance companies stemming from a 2013 data breach. A federal judge in Minnesota ruled the retailer had failed to prove that its reimbursement to banks for …