Victims of Washington Amtrak Derailment to Get $16.75M September 16, 2019 A jury has awarded three plaintiffs injured in a 2017 Amtrak derailment outside DuPont, Wash. a total of $16.75 million...
California Governor Says He’ll Veto So-Called Trump Insurance Bill September 16, 2019 By Romy Varghese California Gov. Gavin Newsom plans to veto a bill approved by the Democrat-controlled legislature that sought to preserve federal environmental...
Alliant Insurance Services Forms Alliant Mergers & Acquisitions in New York City September 16, 2019 Alliant Insurance Services has formed a new brokerage service vertical, Alliant Mergers & Acquisitions. Falling under the Alliant Specialty retail...
Sentinel Marine Underwriters Hires Chung in New York City, Klein in Baltimore September 16, 2019 Sentinel Marine Underwriters (SMU), a specialty managing general agency that is part of AmWINS Underwriting and is dedicated to providing...
Startup Agency Zeguro Helps Businesses Manage Cyber Risk and Insurance Premiums September 16, 2019 By Mark Hollmer Insurtech Zeguro has launched its platform designed to help small and midsize companies manage cyber threats in multiple ways. The...
New York Finds $1B in Hidden Transfers by Purdue Pharma’s Sackler Family September 16, 2019 By Adam Geller The family that owns OxyContin maker Purdue Pharma used Swiss and other hidden accounts to transfer $1 billion to themselves,...
Amazon Under Scrutiny Over Claims of Unsafe Conditions for Delivery Drivers September 16, 2019 Three U.S. senators on Thursday said Amazon.com Inc should stop working with delivery contractors that violate labor laws by imposing...
Facing Thousands of Opioid Lawsuits, Purdue Pharma Files for Bankruptcy Protection September 16, 2019 By Mike Spector OxyContin maker Purdue Pharma LP filed for bankruptcy protection Sunday night, succumbing to pressure from more than 2,600 lawsuits alleging...
Bankrupt Philadelphia Refinery Expects $50M Advanced Insurance Payment September 16, 2019 By Laila Kearney Insurers of a fire-damaged Philadelphia refinery have indicated they would make a $50 million initial advance payment in connection with...
Electronic Marketplace AkinovA Donates Data Assets to ACORD for Industry Standards September 16, 2019 AkinovA, the independent electronic marketplace for the transfer and trading of re/insurance risk, has donated key insurance linked security (ILS)...