Best's News


News & Research
Advanced Search Advanced Search



   
   
 
 
 Search Results

  Topic

  Companies

 
1 through 20 of 261 matching documents, best matches first.   Sort by date

Investment Firm 777 Partners Files For Bankruptcy After Co-Founder Is Accused in $500M Fraud
Bureau of Investigation said last year (BestWire, Oct. 21, 2025). Joshua Wander, co-founder of 777 Partners, was charged with one count each of conspiracy to commit wire fraud, ...
Source: BestWire   Date: August 13, 2026
Subscription or Purchase Required

Best's News: Best's Rankings Find Progressive's US Total Auto DPW 11.8% Rise Outpaces Industry, Competitors
Progressive Insurance Group's direct premiums written for U.S. total automobile insurance rose 11.8% to $79.18 billion in 2025, far outpacing its nearest competitors and the ...
Source: BestWire   Date: June 18, 2026
Insurer-MGA Hallmark Financial Files for Bankruptcy, Plans Reorganization
Hallmark Financial Services Inc. has filed for bankruptcy, planning to reorganize. The insurer and managing general agent said it also entered into a restructuring support ...
Source: BestWire   Date: June 16, 2026
Subscription or Purchase Required

Insurance Australia Settles Greensill Bank Claims Worth $2.86 Billion
Insurance Australia Group said its Insurance Australia Ltd. unit reached a settlement in proceedings with A$4 billion ($2.86 billion) in value brought by Greensill Bank AG and its ...
Source: BestWire   Date: May 29, 2026
Subscription or Purchase Required

Tokio Marine Exec: Growth Expected From Berkshire Deal, Solutions Effort
Tokio Marine Holdings Inc. strengthened its nonlife performance for the fiscal year ended March 31, 2026, as its Japanese segment profited from underwriting actions and the ...
Source: BestWire   Date: May 20, 2026
Subscription or Purchase Required

Judge Approves $250 Million Omnicare Sale Amid Bankruptcy Proceedings
Omnicare said in a statement announcing the transaction. The transaction is anticipated to close later this year pending regulatory approval and customary closing conditions, ...
Source: BestWire   Date: May 18, 2026
Subscription or Purchase Required

Bermuda Captive Insuring NYC Hospitals Cites Toll of Sex Abuse Lawsuits in Bankruptcy Petition
Southern District of New York. While the insurer maintained "sound reserves" at that time, in 2019 the state of New York passed the New York Child Victims Act extending the ...
Source: BestWire   Date: October 21, 2025
Subscription or Purchase Required

Gibraltar-Based UK Auto Insurer Premier Placed Into Administration
Financial Services Commission, the U.K. Financial Conduct Authority said in a statement. Gibraltar-based Premier stopped trading and was declared in default by the Financial ...
Source: BestWire   Date: October 17, 2025
Subscription or Purchase Required

Insurer Wants to Retain Stays on ‘Nonrepresentational' Clergy Abuse Test Cases
Catholic Archdiocese of San Francisco. In August 2023, the archdiocese filed for Chapter 11 to manage the more than 500 lawsuits alleging child sexual abuse, the religious ...
Source: BestWire   Date: August 26, 2025
Subscription or Purchase Required

Vesttoo Creditors Sue Aon, China Construction Bank Over Collateral Protection Product
Creditors of failed insurtech Vesttoo Ltd. sued broker Aon Ltd. and China Construction Bank, claiming a collateral protection insurance product launched by Aon the plaintiff said ...
Source: BestWire   Date: August 15, 2025
Subscription or Purchase Required

Aon Unit White Rock Sues China Construction Bank for $140 Million in Vesttoo Fraud Case
White Rock Insurance (SAC) Ltd. has filed a lawsuit against China Construction Bank seeking $140 million in connection with the Vesttoo Ltd. fraud, alleging CCB played a crucial ...
Source: BestWire   Date: August 29, 2024
Subscription or Purchase Required

High Court: Insurers Financially Responsible for Bankruptcy Claims Can Weigh In on Reorganization
Circuit Court of Appeals. Justice Samuel Alito did not partake in the consideration or decision of this case. The American Property Casualty Insurance Association said the court's ...
Source: BestWire   Date: August 21, 2024
Subscription or Purchase Required

Philippines Regulator Places Health Insurer Forticare Into Conservatorship
Systems International Inc. into conservatorship and issued a cease and desist order, citing what it called the company's continuing inability to comply with orders and ...
Source: BestWire   Date: August 6, 2024
Subscription or Purchase Required

Philippines Regulator Orders CareHealth Plus Into Receivership
Insular Life (BestWire, Dec. 8, 2023). The deal will have Oona acquire the stake in Oona Insular Insurance Corp., making the JV company a fully owned subsidiary, Oona said at the ...
Source: BestWire   Date: July 12, 2024
Subscription or Purchase Required

Provisional Liquidators Appointed as R&Q Directors Resign
Michael Morrison, Mark Allitt and Charles Thresh of Teneo (Bermuda) Ltd. were appointed as JPLs. Deutsche Numis then informed R&Q of its intention to resign immediately as ...
Source: BestWire   Date: June 27, 2024
Subscription or Purchase Required

Creditors, Liquidators Get Bermuda Court OK for Next Vesttoo Bankruptcy Move
Chapter 11 plan involving White Rock and other parties. The Bermuda court's decision, filed with the U.S. Bankruptcy Court for the District of Delaware, allows the JPLs to ...
Source: BestWire   Date: March 25, 2024
Subscription or Purchase Required

Hannover Re, Vesttoo Creditors Seek Court OK for $14.5 Million Longevity Swap Recovery
Hannover Re and Vestoo entity Vesttoo Bay XXI, Limited Partnership. Bay XXI provided a valid irrevocable letter of credit issued by Banco Santander S.A. in the amount of £15 ...
Source: BestWire   Date: March 19, 2024
Subscription or Purchase Required

Bankruptcy Court OKs $87.5 Million Camden Abuse Settlement
Roman Catholic Diocese of Camden. The diocese has been working through details of the settlement following its filing for bankruptcy in 2020, with insurers objecting over terms ...
Source: BestWire   Date: March 19, 2024
Subscription or Purchase Required

Bankrupt Lehman Unit Loses Appeal for $485 Million Claw Back
A New York appellate court has upheld a ruling that an Assured Guaranty Ltd. unit is not obligated to repay an arm of the bankrupt Lehman Brothers bank $485 million in securities ...
Source: BestWire   Date: March 18, 2024
Subscription or Purchase Required

Delaware Court Approves Vesttoo Creditors' Bankruptcy Plan
Bankruptcy Court for the District of Delaware. The court approved the plan and related disclosure statement along with supplement documents, according to the plan order. Formed ...
Source: BestWire   Date: March 4, 2024
Subscription or Purchase Required


Page: 1 2 3 4 5 6 7 8 9 10 next >>