Andrew G. Simpson

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So far Andrew G. Simpson has created 790 blog entries.
9 08, 2021

Judge Tosses Patent Infringement $308M Jury Verdict Against Apple

By | August 9th, 2021|Uncategorized|Comments Off on Judge Tosses Patent Infringement $308M Jury Verdict Against Apple

Apple Inc. persuaded a federal judge to throw out a $308.5 million jury verdict it lost to a privately-held licensing firm for infringing a patent associated with digital rights management. In a Thursday night decision, U.S. District Judge Rodney Gilstrap …

9 08, 2021

Tokyo Olympics Warns Sharing Videos on Social Media Is Not Allowed

By | August 9th, 2021|Uncategorized|Comments Off on Tokyo Olympics Warns Sharing Videos on Social Media Is Not Allowed

Sharing videos from the Tokyo 2020 Olympic Games on social media is not allowed, even for athletes, the International Olympic Committee (IOC) said on Thursday as it looked to protect broadcasters’ rights. Jamaican double gold medallist sprinter Elaine Thompson-Herah was …

30 07, 2021

Bayer Books Additional $4.5 Billion for Roundup Litigation

By | July 30th, 2021|Uncategorized|Comments Off on Bayer Books Additional $4.5 Billion for Roundup Litigation

Bayer said on Thursday it would book an additional provision of $4.5 billion related to litigation which alleges that its weedkiller Roundup can cause cancer. Bayer made the announcement in an update to investors on how it plans to deal …

9 08, 2021

5 Key Takeaways From Latest United Nations Report on Climate Change

By | August 9th, 2021|Uncategorized|Comments Off on 5 Key Takeaways From Latest United Nations Report on Climate Change

Today, the United Nations Intergovernmental Panel on Climate Change delivered its latest comprehensive report on the state of global climate science—just the sixth in the body’s more than 30-year history. The report’s 200-plus authors distilled 14,000 individual studies to produce …

9 08, 2021

Arch Re Closes Acquisition of Somerset Bridge Group

By | August 9th, 2021|Uncategorized|Comments Off on Arch Re Closes Acquisition of Somerset Bridge Group

Arch Reinsurance Ltd. has completed the acquisition of Somerset Bridge Group Limited, Southern Rock Holdings Limited and affiliates. Arch Re originally announced its plan to acquire Somerset in June. The acquisition includes Somerset’s motor insurance managing general agent, distribution capabilities …

9 08, 2021

GEICO Put a Dent in Berkshire Hathaway Results for Q2

By | August 9th, 2021|Uncategorized|Comments Off on GEICO Put a Dent in Berkshire Hathaway Results for Q2

Berkshire Hathaway’s insurance division produced a mixed performance during the 2021 second quarter. Rate increases generally carried the day, though the conglomerate’s GEICO unit dragged down earnings. Berkshire Hathaway’s insurance division produced $376 million in net underwriting earnings during Q2, …

9 08, 2021

Targets of Canada’s New Sanctions on Belarus Include Insurance

By | August 9th, 2021|Uncategorized|Comments Off on Targets of Canada’s New Sanctions on Belarus Include Insurance

Canada, acting with the United States and Britain, imposed new sanctions on Belarus on Monday to protest against what it called gross violations of human rights under President Alexander Lukashenko. Foreign Minister Marc Garneau said Ottawa would target transferable securities …

6 08, 2021

Safety Agency Opens Preliminary Probe of Mercedes Delivery Vans Used by Amazon

By | August 6th, 2021|Uncategorized|Comments Off on Safety Agency Opens Preliminary Probe of Mercedes Delivery Vans Used by Amazon

The National Highway Traffic Safety Administration (NHTSA) said Friday it has opened a preliminary investigation into reports some 2019 Mercedes-Benz Sprinter vans, configured for use as Amazon.com Inc. delivery vehicles or ambulances, roll away shortly after being shifted to park. …

6 08, 2021

New York Gov. Cuomo Eased Path for Harassment Suits That May Now Target Him

By | August 6th, 2021|Uncategorized|Comments Off on New York Gov. Cuomo Eased Path for Harassment Suits That May Now Target Him

Sexual harassment suits against Andrew Cuomo will face an easier path under changes to state law the governor signed two years ago, though New York taxpayers could be on the hook for the damages. Cuomo has been facing a political …

23 07, 2021

Ryan Specialty Rose 9% in NYSE Initial Offering, Valued at $6.5 Billion

By | July 23rd, 2021|Uncategorized|Comments Off on Ryan Specialty Rose 9% in NYSE Initial Offering, Valued at $6.5 Billion

Shares of Ryan Specialty Group Holdings Inc rose 9% in their New York Stock Exchange Debut on Thursday, fetching a market capitalization of $6.5 billion for the insurance brokerage founded and led by industry veteran Patrick Ryan. The stock opened …