Greenlight Capital Re Ltd., the reinsurer whose chairman is hedge-fund manager David Einhorn, erased most of its gains from its 2007 initial public offering price after losses from investments and underwriting. Greenlight Re fell to as low as $18.76 Wednesday, …
You’d think just about everyone who’s anyone attended the massive climate change summit in Paris ending this week. The 2015 United Nations Climate Change Conference, COP 21, drew an estimated 50,000 attendees to discuss ways to reduce Mankind’s carbon footprint, as well …
“The average large business interruption (BI) property insurance claim is now in excess of $2.4 million, 36 percent higher than the corresponding average property damage claim of just over $1.7 million,” according to a new report from Allianz Global Corporate …
Allied World Assurance Company Holdings, AG announced that its shareholders have elected Patricia L. Guinn and Fiona E. Luck to the company’s Board of Directors at a special shareholder meeting to serve until the company’s annual shareholder meeting to be …
Seventy percent of private insurance buyers this fall on Minnesota’s health insurance exchange have qualified for premium-based tax credits, a figure officials released on Dec. 9 as they brace for a rush of enrollments before the new year. The statistics …
Liberty Mutual Holding Co., the second- largest U.S. property-casualty insurer, posted its worst loss in at least a decade on costs tied to scaling back operations in Venezuela and the declining value of some energy-related investments. The loss of $427 …
A federal judge has ruled that a jury will hear arguments in a wrongful death lawsuit filed by the parents of a German exchange student who fell into a tree well while skiing at Whitefish Mountain Resort. The family of …
General Motors Co. paid less than $600 million to settle claims by victims of its flawed ignition switches, a slightly smaller sum than what the automaker told investors it expected to pay, after a 20-month-long compensation process led by Kenneth …
A lawyer for a Missouri mother who says a gun and pawn shop should be held accountable for selling her mentally ill daughter the gun she used to kill her own father challenged a claim that state and federal law …
Uber Technologies Inc. drivers seeking to be treated as employees won a ruling that could add tens of thousands of them to the case and put hundreds of millions dollars more at stake. The drivers can now seek expense reimbursement, …