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...A-Cap owns five insurers: Sentinel Security Life, Haymarket Insurance and Jazz Reinsurance in Utah, as well as Atlantic Coast Life Insurance and Southern Atlantic Re in South Carolina....
...Established in 1879, the company employs more than 43,000 people selling general and life insurance products and boasts a near-$50bn equity market value....
...A few weeks ago, a friend was about to have life-saving brain surgery in Boston when her operation was suddenly cancelled. The reason?...
...“But Dai-ichi Life is clearly on the conservative side and people will look at it and say that’s Japan Inc. It’s great news for M&A in Japan.”...
...Barings, a subsidiary of US life insurer MassMutual, filed on Monday for a temporary restraining order and preliminary injunction against Corinthia Global Management in a North Carolina court....
...A-Cap controls life insurers based in Utah and South Carolina. A-Cap chief executive Kenneth King late last month told insurance agents that AM Best’s downgrade was unwarranted....
...As part of the settlement, a civil case against Bouvier in Singapore will also be terminated. No other details of the settlement were made public....
...International stockists on Wine-searcher.com Follow @FTMag to find out about our latest stories first and subscribe to our podcast Life and Art wherever you listen...
...Its PacifiCorp electric utility, which has operations in Oregon and California, paid $631mn in settlements over wildfires last year....
...Is Larry Fink the new Sun King of crypto, able to bring things to life simply by putting in an appearance?...
...According to data compiled by bankers at Barclays, Elliott by far is the firm that gets the most board seats via settlements....
...Then you choose what the next session will be, and where on the settlement to advertise it with the limited funds you have....
...Another civil case against Bouvier in Singapore was also terminated as part of the settlement, the details of which remain confidential....
...But her decision came against a backdrop of sharp rises in removals costs — by 38 per cent over the past five years, according to Admiral, the insurance group....
...Current legal settlements cover less than a third of that $48bn sum....
...In today’s newsletter: Life for Berkshire after Munger Silver Lake’s huge VMware windfall KKR strikes a $2.7bn deal The power shifts within Berkshire as Buffett leans on a new generation Charlie Munger...
...Find out about latest stories first — follow @FTWeekend on Instagram and X, and subscribe to our podcast Life and Art...
...With a recent cancer diagnosis, Dixon feared that she would lose her health insurance if she lost her job....
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...Google failed in an attempt last week to have Judge James Donato hear the case by himself, after claiming its settlement with the other plaintiffs made a jury unnecessary....
...Central banks might have to delay interest rate cuts because of stubbornly strong services price inflation, the Bank for International Settlements said....
...The administration lasted just over nine turbulent months and he sets out its short life through chapters focusing on each of its main political figures....
Christie’s sells Signac after settlement agreement; report finds ‘flipped’ art doubled in 2022
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