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One nation under contract

In her new book, “Insurance Era: Risk, Governance, and the Privatization of Security in Postwar America,” MIT Professor Caley Horan examines the rise of the insurance industry into a postwar behemoth one that expanded into real estate, shaped the social geography of America through its policies, and promoted the sense that insurance, while pooling risk, boils down to a private business contract between customers and brokers.

Inside the Courts - June 2021 | Skadden, Arps, Slate, Meagher & Flom LLP

Court of Chancery Orders Production of Emails, Denies Production of Privileged Communications in Books and Records Action Emps.’ Ret. Sys. of R.I. v. Facebook, Inc., C.A. No. 2020-0085-JRS (Del. Ch. Feb. 10, 2021) In a post-trial opinion, Vice Chancellor Joseph R. Slights III granted a stockholder’s request to inspect directors’ nonprivileged electronic communications, including emails, concerning settlement negotiations for the purpose of investigating whether Facebook overpaid in the settlement to protect its CEO, Mark Zuckerberg, from substantial personal liability. In July 2019, in connection with a data breach, Facebook agreed to pay $5 billion to the Federal Trade Commission (FTC) in exchange for the release of claims against the company and Mr. Zuckerberg personally. Facebook stockholder Employees’ Retirement System of Rhode Island (ERSRI) sought books and records to investigate whether Facebook spent corporate assets to protect Mr. Zuckerberg. Facebook produced so

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