Deutsche Bank Securities, Mudrick Capital Management and other noteholders of Ambac Assurance Corp. have filed a lawsuit against the bond insurer, alleging an unauthorized transfer of $65 million to ...

Japanese trading-house stocks rose sharply after Warren Buffett's Berkshire Hathaway said it raised its holdings in the five major ones. Mitsui & Co. shares were recently 4.4% higher on Tuesday in ...

Berkshire's stake in Mitsui & Co rose to 9.82% from 8.09%, while its holdings in Mitsubishi Corp, Sumitomo Corp, Itochu and ...

Some insurance companies include a double indemnity clause in the policy. This simple clause can do a big thing. The policy’s ...

Global Indemnity PLC (GBLI) reported its fourth-quarter 2024 earnings on March 11, 2025, exceeding analyst expectations with an earnings per share (EPS) of $1.63 against a forecast of $0.77. The ...

These may relate to trailing loan liabilities (such as loan repurchase obligations for negligence, discrepancies or fraud in the loan origination), HUD indemnification letters (where Seller agrees ...

Operator: Good morning, and welcome to the Erie Indemnity Company Fourth Quarter and Year End 2024 Earnings Conference Call. This call was prerecorded, and there will be no question and answer ...

"The letter was sent on behalf of Inflection Point ... You would also have access to individual legal support from your own professional indemnity insurer," Stokes-Lampard wrote. Sign up for Ngā ...

Eli Lilly LLY.N plans to spend at least $27 billion to build four new manufacturing plants in the U.S., the drugmaker said at a Washington press conference on Wednesday, as it grapples with the ...

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