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Business Moves: The Doctors Co. Completes Buy of ProAssurance
The Doctors Company said on June 26 that it completed the acquisition of ProAssurance Corporation for $25 per share in cash—a total value of about $1.3 billion. ProAssurance is a specialty insurer in medical liability, products liability for medical technology …
POSTED JUNE 29, 2026 5:26 AM |
Bayer’s Supreme Court Win in Roundup Case No ‘Silver Bullet’
After years of legal setbacks that have cost billions of dollars over its top-selling Roundup weedkiller, Bayer AG finally got a resounding win in the biggest tribunal of all. The US Supreme Court threw out a jury verdict won by …
POSTED JUNE 29, 2026 5:12 AM |
Endless Shrimp Deal Was Scheme to Squeeze Red Lobster, Suit Says
Red Lobster’s $20 all-you-can-eat shrimp deal wasn’t just a badly designed promotion that inadvertently helped tip the iconic American restaurant chain into bankruptcy. It was part of a scheme to “squeeze every drop of value” from Red Lobster for the …
POSTED JUNE 29, 2026 5:05 AM |
The Doctors Group Completes $1.3B Purchase of ProAssurance Med Mal Provider
More than a year after it announced plans to buy Birmingham, Alabama-based ProAssurance, The Doctors Company said it has completed the billion-dollar acquisition. The Doctors Company, headquartered in Napa, California, acquired all outstanding shares of ProAssurance for $25 per share, …
POSTED JUNE 29, 2026 5:03 AM |
Anderson Insurance Agency Launches in Coral Springs
A south Florida businessman is stepping into the insurance agency with the launch of Anderson Insurance Solutions, based in Coral Springs. Matthew E. Anderson, a licensed agent for life, health and property-casualty lines, said his agency will offer life, health, …
POSTED JUNE 29, 2026 5:02 AM |
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