Purdue Pharma Owners Sued by New York Over Opioid Addiction Epidemic March 29, 2019 By Erik Larson The billionaire owners of Purdue Pharma LP were sued by New York state for allegedly triggering a U.S. addiction epidemic...
Alliant Hires Rossi Capital Partners’ Rossi as Vice President in New York March 29, 2019 Alliant has hired Francis Rossi as vice president. In this new role, the New York-based property and casualty insurance veteran...
Swedbank Fires CEO on Growing Investor Criticism of Handling of Laundering Scandal March 29, 2019 By Esha Vaish and Johan Ahlander Swedbank dismissed Birgitte Bonnesen as chief executive on Thursday only an hour before its annual meeting after disgruntled shareholders rounded...
Judge Allows Suit Over Nestle Claim Its Poland Spring Water Is From Natural Spring March 29, 2019 By Jonathan Stempel A federal judge on Thursday rejected Nestle SA’s bid to dismiss a revised lawsuit claiming that it defrauded consumers by...
Mozambique City of Beira Tried to Battle Climate Change – Then Cyclone Idai Hit March 29, 2019 By Cara Anna Long before Cyclone Idai roared in and tore apart Mozambique’s seaside city of Beira, the mayor dreamed of protecting his...
Africa Re Joins World Bank’s IFC to Build Crop Insurance Market for Nigeria’s Farmers March 29, 2019 The International Finance Corp. (IFC), a member of the World Bank Group, announced it has signed an agreement with Africa...
Lloyd’s Chief Risk Officer Weaver Leaving Market After 16 Years March 29, 2019 Lloyd’s of London announced that Hilary Weaver, the corporation’s chief risk officer, is leaving at the end of March 2019...
Chubb Bermuda Names Porter Head of Financial Lines March 29, 2019 Chubb Bermuda has named Richard Porter as senior vice president, head of Financial Lines. In this role, Porter is responsible...
Shareholder Accuses Argo Group of Illegally Appointing Two Board Members March 29, 2019 By Mark Hollmer An Argo Group shareholder accusing the company and CEO Mark Watson III of extravagant spending practices now claims that the...
Miami Insurance Agent Arrested for Stealing $620K in Premiums March 29, 2019 A former licensed insurance agency owner was arrested in Florida after allegedly stealing more than $620,000 in insurance premiums, according...