Insurance Journal
San Francisco, California-based Resilience launched a Technology Errors & Omissions coverage for U.S. organizations with $300 million to $10 billion in revenue. With $10M in limits available for both primary and excess placements, the E&O add...
Posted: Mar 06, 2024
President Joe Biden has approved a federal disaster declaration sought by Gov. Phil Scott to help communities in seven Vermont counties that saw severe rainfall and flooding in December. Federal funding is available on a cost-sharing basis to state a...
Posted: Mar 06, 2024
The latest trial over claims that Johnson & Johnson’s talc products cause cancer ended in a mistrial on Tuesday, as a Florida state court jury said it could not agree on a verdict. The lawsuit was brought by Bob Sugarman, …
Posted: Mar 06, 2024
Some of manufacturer Kimberly-Clark Corp. neighbors in New Milford, Connecticut believe the paper goods manufacturer has contaminated their soil and drinking water with PFAS chemicals. Three of them have filed a proposed class action claiming that co...
Posted: Mar 06, 2024
OpenAI fired back at a lawsuit filed against it by Elon Musk in a blog post Tuesday, using the billionaire’s own emails to show he backed the company’s plans to become a for-profit business and that he insisted it raise …
Posted: Mar 06, 2024
Norfolk Southern crews and contractors are working on cleanup and track repair after a collision and derailment in eastern Pennsylvania over the weekend involving three trains that left some railroad cars scattered along a riverbank and at least one...
Posted: Mar 06, 2024
Mosaic Insurance, the Bermuda-based specialty insurer, has launched a suite of specialized financial institutions products, offering $25 million in investment management insurance (IMI), blended with cyber and other coverage for asset managers, funds...
Posted: Mar 06, 2024
A far-right, unofficial Catholic media website has agreed to pay $500,000 to a New Hampshire priest who sued for defamation over a 2019 article that it now disavows. The website also is planning to shut down soon, the priest’s attorney …
Posted: Mar 06, 2024
Dozens of oil tankers used by Russia have stopped sailing under the Liberian and Marshall Islands flags in recent weeks after the United States ramped up sanctions enforcement on ships linked to those registries, according to shipping data and interv...
Posted: Mar 06, 2024
Bayer on Tuesday said it won a trial in a lawsuit brought by a retired postal service worker in Pennsylvania who alleged he developed non-Hodgkins lymphoma from using the company’s Roundup weedkiller. In addition to the jury verdict in the R...
Posted: Mar 06, 2024
Former North Carolina insurance and business mogul Greg Lindberg has lost an appeal on whether one of his companies can delay the liquidation of two of his troubled life insurance carriers. North Carolina Insurance Mike Causey said the March 5 …...
Posted: Mar 06, 2024
California’s Division of Occupational Safety and Health recently increased penalties for certain violations, with some maximum penalties planned to rise as much as $4,983 this year, a smaller increase than in the past. This annual Cal/OSHA incr...
Posted: Mar 06, 2024
California’s high rainfall in 2023 is continuing into 2024 but has yet to have a material effect on credit quality for cities and counties rated by S&P Global Ratings, however the longer-term effects on issuers could be more significant, th...
Posted: Mar 06, 2024
California’s high rainfall in 2023 is continuing into 2024 but has yet to have a material effect on credit quality for cities and counties rated by S&P Global Ratings, however the longer-term effects on issuers could be more significant, th...
Posted: Mar 06, 2024
Major U.S. business groups on Tuesday filed the latest lawsuit challenging a Biden administration rule that would make it more difficult for companies to treat some workers as independent contractors rather than employees. The groups including the U....
Posted: Mar 06, 2024
Lloyd’s of London has hit a short-term target of filling 35% of leadership roles with women, although less than half of firms in the commercial insurance market had hit the mark, it said on Tuesday. Lloyd’s said it needed to …
Posted: Mar 05, 2024
SpaceX’s bid to keep its lawsuit against the US National Labor Relations Board in Texas was denied by a federal appeals court, a setback for Elon Musk’s aerospace company in its battle against the agency. The aerospace company sued the &#...
Posted: Mar 05, 2024
This edition of International People Moves details appointments at Bermuda-based AXIS Capital Holdings and SiriusPoint. A summary of these new hires follows here. AXIS appoints Dejung as Global Cyber & Technology CUO AXIS Capital Holdings Ltd. an...
Posted: Mar 05, 2024
This edition of International People Moves details appointments at Bermuda-based AXIS Capital Holdings and SiriusPoint. A summary of these new hires follows here. AXIS appoints Dejung as Global Cyber & Technology CUO AXIS Capital Holdings Ltd. an...
Posted: Mar 05, 2024
A Michigan village has agreed to a $320,000 settlement with a man from Japan who was wrongly accused of drunken driving after a police officer badly misread a breath test, court records show. Ryohei Akima blew a 0.02 on the …
Posted: Mar 05, 2024
Hub International Limited, a global insurance brokerage and financial services firm, announced that it has acquired A.S. Arbury and Sons, Incorporated (Arbury Insurance Agency) and the assets of Michelle L. Everett, Inc. (Michigan Insurance Associate...
Posted: Mar 05, 2024
Lockton Re Taps Lewis From Zurich to Lead Cyber Practice in North America Lockton Re, the reinsurance business of independent insurance broker Lockton, announced that Brian Lewis has joined as senior broker leading the Cyber Practice for North Americ...
Posted: Mar 05, 2024
Falvey Insurance Group announced the launch of Commercial Output insurance – coverage designed to cater to the diverse insurance needs of businesses in the manufacturing, institutional, industrial, and commercial sectors. Crafted by Falvey’s in...
Posted: Mar 05, 2024
Florida’s so-called “stop woke act,” championed by Gov. Ron DeSantis, violates businesses’ and employees’ First Amendment free speech rights, a federal appeals court ruled Monday in striking down the 2022 law. “Thi...
Posted: Mar 05, 2024
FRITCH — Many Panhandle residents whose dwellings and possessions burned in the region’s ongoing wildfires may never financially recover for one simple reason: Their homes weren’t insured. “A lot of the people who have lost a home h...
Posted: Mar 05, 2024