Legal
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Appeals court says ambiguous language is construed in favour of the insured.
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The Federal Insurance Office would lose staff and much of its domestic role.
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Icahn's star turn has certainly paid off over AmTrust.
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The share price trajectory of AmTrust since the original January proposal has hardly pointed to confidence that minority investors would exit with mega-bucks.
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The Chubb CEO says “hit and run” litigation dominates D&O cover.
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Arca and Short Hills Capital’s Weiss remain opposed to the sweetened deal. -
Activist investor Carl Icahn squeezes 9.3 percent more from the Karfunkel-Zyskind family and Stone Point Capital.
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The Counter-Terrorism and Border Security Bill will amend existing laws including the Reinsurance (Acts of Terrorism) Act of 1993.
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This settlement ends weeks of pressure from the activist investor.
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The UK regulator warns carriers about their over-optimistic forecasting.
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The activist investor and AmTrust have agreed to meet to discuss the proposed take-private deal.
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AmTrust pushes back shareholder vote on take-private bid and plans an Icahn parley.
