A movie production company that signed Ben Affleck to star in its latest “large-budget action thriller” accuses a Chubb insurer of violating longstanding custom and practice by refusing to extend a $58 million insurance policy after the film was delayed …
Public companies face a critical business decision in determining how much Directors & Officers (D&O) liability coverage to purchase. In order to attract and maintain strong independent board members, companies need to secure adequate D&O coverage while keeping down costs. …
Wesfarmers Ltd. agreed to sell its insurance broking units to Arthur J. Gallagher & Co. for A$1.01 billion ($938 million) as the Australian conglomerate exits its insurance business. Wesfarmers expects pretax profit of A$310 million to A$335 million on the …