Brookfield Hires Head for Entry Into Japan Reinsurance Market
Brookfield Wealth Solutions, has entered the reinsurance business in Japan and has hired Tomohide Yokooka, formerly of
Insurance
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Insurers Handed Loss Over Louisiana Parish-Owned Property Damage
A Louisiana high court ruling dealt a blow to a group of insurers seeking to enforce arbitration clauses in other insurers’ policies that were issued to a political subdivision owning properties damaged by 2020 hurricanes.
Property Damage Insurance Dispute Sent to New York Federal Court
A Florida federal judge moved a property insurance row to New York federal court due to a forum selection clause in the insurance policy, handing a win to an RLI Corp. unit that issued the policy.
Memorial Hermann’s Bid for Tax Exemption Fails in Fifth Circuit
Memorial Hermann Accountable Care Organization isn’t entitled to a tax exemption meant for social welfare groups because it failed to show that its operations are exclusively intended to help the public, the Fifth Circuit said Monday.
Fortress, BlackRock Said to Consider Joint Bid for Viridium
A consortium backed by
Ex-Goldman Partners Amass $1.6 Billion for Direct-Lending Effort
Private-credit firm
Cyber Insurers Step in to Fill Security Gap for US Water Systems
Cyber insurers are taking a proactive approach that could shape the security posture of the US water sector, but many public water systems remain at risk amid meager cybersecurity regulations from federal agencies.
Freshfields Leader Plots New Cities as US Powers Firm’s Growth
Freshfields is considering expanding into Texas and Boston as the UK-founded law firm looks to continue its stateside revenue surge, according to senior partner Georgia Dawson.
How a DJ Became an Unlikely Champion for Green Farming Push
Grammy-award-nominated musician and award-winning farmer are careers that aren’t typically synonymous.
Brookfield Unit Looks to Sell $1.5 Billion of Private Credit
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Can Businesses Win Fight Over Covid-19 Insurance Claims?
A growing number of businesses are suing their insurers over denied business interruption insurance claims due to the Covid-19 pandemic. But will they be successful?
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