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APCIA Backs Federal Bill to Require Litigation Funding Disclosure

Auto Insurance /
APCIA Backs Federal Bill to Require Litigation Funding Disclosure

The American Property Casualty Insurance Association (APCIA) has released a statement in support of federal legislation, up for committee discussion today, that is meant to increase the transparency of third-party financers in litigation. The Protecting Third Party Litigation Funding From Abuse Act (Protecting TPLF From Abuse Act, HR 7015), introduced by Rep. Darrell Issa, R-Calif., […]

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Europe Backs Greenland After Trump Resumes Takeover Threats

Auto Insurance /
Europe Backs Greenland After Trump Resumes Takeover Threats

European officials pledged to support Greenland after US President Donald Trump restarted his campaign to take the self-governed island in the wake of his strike on Venezuela. Across the continent, Europe’s biggest powers expressed solidarity with Greenland, a semi-autonomous territory within the Danish kingdom, shortly after Danish Prime Minister Mette Frederiksen asserted that Trump has

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Trump Administration Backs Bayer’s Bid to Curb Roundup Lawsuits

Auto Insurance /
Trump Administration Backs Bayer’s Bid to Curb Roundup Lawsuits

President Donald Trump’s administration urged the U.S. Supreme Court on Monday to take up Bayer’s bid to curtail thousands of lawsuits claiming its Roundup weedkiller causes cancer, pushing the group’s shares to their highest in almost two years. In a brief filed at the court, U.S. Solicitor General D. John Sauer bolstered Bayer’s effort to

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Founders Fund Backs Startup Bringing AI to Plumbers and Roofers

Auto Insurance /
Founders Fund Backs Startup Bringing AI to Plumbers and Roofers

Large companies have been stuffing artificial intelligence software into every possible product for years. Now, Founders Fund is backing a startup that wants to help small businesses use the technology, too. Netic, which just raised $23 million in a Series B funding round led by the firm, is equipping businesses and contractors like electricians, roofers

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Buffett Strongly Backs CEO-Designate Abel, Plans to Keep Berkshire Shares

Health Insurance /
Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

Warren Buffett on Monday assured Berkshire Hathaway shareholders they need not worry about his upcoming departure as chief executive, giving a full-throated endorsement to his successor Greg Abel and promising to remain a major shareholder. In a letter to Berkshire shareholders, possibly his last public communication with them until he steps down at year-end, Buffett,

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Citi CEO Backs Wealth Head After Internal Probe

Real Estate Buying & Selling /
Citi CEO Backs Wealth Head After Internal Probe

(Bloomberg) — Citigroup Inc. Chief Executive Officer Jane Fraser said she is “comfortable” with the findings of an internal probe into the bank’s top wealth executive and pointed to strong performance in the division. The bank earlier this year hired law firm Paul Weiss to investigate complaints about the behavior of its wealth-management chief, Andy

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