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The National Labour Relations Board (NLRB) says it has been getting an increased number of social media cases as that means of communication continues to grow in popularity. The resulting actions against employers and employees should be a warning bo...

NEW YORK (Reuters) - Three years after its collapse, Lehman Brothers is still stuck in bankruptcy court but three years is not as long as it sounds, says the failed investment bank’s lead bankruptcy lawyer. “For the largest bankruptcy case in the wor...

Concern about Bermuda’s political environment was one of the reasons that companies decided to move away from the Island over the past four years, but no longer so. That is the view of Mark Byrne, the founder of Class of 2005 start-up Flagstone Re, s...

Reinsurance executives gathered in Monte Carlo this week believe there are good reasons why property and catastrophe rates should rise but there is less confidence that there will be any broader market turn. Massive catastrophe losses, estimated as h...

The Bermuda Stock Exchange (BSX) has announced that the value of Insurance Linked Securities (ILS) listed on the BSX has doubled in the past year and has now surpassed the $2 billion mark for the first time. The Exchange has been striving to attract ...

Bermuda-based Omega Insurance Holdings Ltd has agreed to sell a quarter of its shares to Mark Byrne’s Haverford (Bermuda) Ltd. Haverford will buy up to 60 million shares in the insurer in a tender capped at 83 pence ($1.32) per share, a premium of 26...