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J&J Unit Files for Bankruptcy to Advance $10 Billion Talc Settlement

A Johnson & Johnson subsidiary filed for bankruptcy for a third time on Friday as the healthcare giant seeks to advance an approximately $10 billion proposed settlement that would end tens of thousands of lawsuits alleging that the company’s baby …

Lloyd’s Syndicate Firm Launches Professional Liability Insurer, Based in Charlotte

Beat Capital Partners, a London-based incubator of underwriting franchises and subsidiary of Ambac Financial Group, said it has launched a professional liability insurance company, based in Charlotte. ProRise Insurance Services will stand up Oct. 1, with Doug Karpp, a former …

Hotter Summers Making High School Football a Fatal Game for Some Players

BRANDON, Mississippi (AP) — Soon after Ashanta Laster reached the hospital, she was ushered into the emergency room where she saw doctors performing CPR on her teenage son. Laster had gotten a call that 17-year-old Phillip Laster Jr., a lineman …

Couple Accused of Using Theater Group’s Credit Card Settles With Insurer

A Connecticut couple who previously lived in Tampa, Florida, has agreed to settle a subrogation lawsuit brought by Philadelphia Indemnity Insurance Co., which accused the couple of using a nonprofit theater group’s credit card for personal gain. The suit said …

Officials Identify 2 Men Killed in Idaho Gas Station Explosion

Authorities have identified two people killed when a gas station exploded and started a fire in a remote Idaho town last week. The Clearwater County Sheriff’s Office said Brandon Cook, 53, of Orofino and Wesley Lineberry, 62, of Pierce were …

Vermont City Pays $215K to Settle Lawsuit Accusing Officer of Excessive Force

Vermont’s largest city of Burlington has paid $215,000 to settle a lawsuit accusing a police officer of using excessive force by grabbing a man and slamming him to the ground, knocking him unconscious in September of 2018. According to the …

While Other States Struggle, New Hampshire Boasts Insurance Is ‘Going Quite Well’

Consumers are hearing a lot about insurance difficulties around the country. The news from California and Florida and elsewhere about how disasters, skyrocketing premiums and carrier withdrawals are making coverages hard to find and afford naturally raises concerns in other …

Registration for Louisiana Fortify Homes Program Grants Closes on September 20

Registration for the next round of Louisiana Fortify Homes Program (LFHP) grants is currently underway and will close at 5 p.m. on Friday, September 20, the Louisiana Department of Insurance announced. The registration period opened at 8 a.m. on Wednesday, …

Holmes Murphy Opens New Office in Lincoln, Nebraska

Holmes Murphy announced the opening of a new office in Lincoln, Nebraska with a focus on client growth, talent attraction and increased opportunity for innovation. Prior to this new office, Holmes Murphy has had a location in Omaha for more …

Study Finds Levels of Hydrogen Sulfide ‘Off the Scales’ in Central Texas

The first readings Abigail Edgar took of hydrogen sulfide and methane at oilfields in Caldwell County in 2021 were so high that she thought her equipment was malfunctioning. “It was off the scales. Methane was off the scales and hydrogen …

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