It took just seven minutes for robbers armed with disc grinders to get in and out of the world-famous Louvre museum in Paris with a stash of royal necklaces, tiaras and earrings. They left the nearby 140-carat “Régent” diamond untouched, …
A 7-Minute Louvre Heist Leaves Behind DNA and Dropped Crown Read More »
KKR & Co. and Quadrantis Capital agreed to acquire minority stakes in Hong Kong-based Peak Reinsurance Co. KKR and Quadrantis will hold about 11.3% and 1.8% of Peak Re, respectively, after the deal is completed, according to a statement Tuesday, …
KKR, Quadrantis to Acquire Minority Stake in Hong Kong’s Peak Re Read More »
Thousands of plaintiffs’ complaints, millions of pages of internal documents and transcripts of countless hours of depositions are about to land in US courtrooms, threatening the future of the biggest social media companies. The blizzard of paperwork is a byproduct …
‘Massive Legal Siege’ Against Social Media Companies Looms Read More »
Companies on deck to go public in the US are powering forward with unconventional IPO plans despite the lingering government shutdown, taking many on Wall Street by surprise. Travel software startup Navan Inc. and electric plane-maker Beta Technologies Inc., two …
Shutdown Stalemate Brings IPO Holdouts Off the Sidelines Read More »
The North Carolina Supreme Court has decided that it will not, after all, review another legal filing by convicted insurance entrepreneur Greg Lindberg. The Oct. 17 ruling lets stand a 2023 decision by the state Court of Appeals, which found …
North Carolina Supreme Court Lets Stand Greg Lindberg’s Civil Fraud Liability Read More »
Movies like “The Hangover” and “Ocean’s Eleven” piqued interest in the Las Vegas Strip long ago. But now Nevada labor unions hoping to boost jobs and tourism are pushing state officials to offer tax credits aimed at bringing more Hollywood …
The Next Big Film Studios Could Be in Nevada if Some Unions Get Their Way Read More »
The New York State Workers’ Compensation Board will be closing its virtual-only Allegany and New City locations, effective December 8, 2025. Noting that most of its activity remains virtual, the board said it is consolidating some of its smallest, low-activity …
New York Workers’ Comp Board to Two Virtual-Only Locations Read More »
California Attorney General Rob Bonta has settled with four plastic bag producers after an investigation into whether the bags they sold in California are recyclable. The settlement involves Revolution Sustainable Solutions LLC, Metro Poly Corp., PreZero US Packaging LLC and …
California Attorney General Announces Settlement Against Plastic Bag Makers Read More »
Renaissance acquired the agency network business of Insurance Services of the West LLC, doing business as Insurance Agency Network in Washington. IAN is a membership organization with more 70 members representing a reported $400 million in premium. IAN is the …
Renaissance Acquires Insurance Services of The West Read More »
Third quarter 2024 net income at W.R. Berkley Corp. increased nearly 40% compared to the same period a year ago Net income was about $511 million for Q3 2025 compared to net income of about $365.6 million a year ago …
WR Berkley Q3 Net Income Up Near 40% Read More »
