Gunmaker Remington Offers $33M to Sandy Hook School Shooting Victims’ Families July 28, 2021 By Tom Hals and Jonathan Stempel Remington Arms Co. on Tuesday offered to pay nearly $33 million to nine families to settle lawsuits claiming that its...
Claims Adjuster Global Risk Solutions Appoints 4 to Complex Claims Unit in London July 28, 2021 Global Risk Solutions Group Inc., the Miami-based P/C claims adjuster, has enhanced its Complex Claims Solutions (CCS) business unit with...
NFP in Canada and Aviation Broker Piiq Risk Form Exclusive Partnership July 28, 2021 NFP, a New York-based insurance broker and consultant, announced the formation of an exclusive strategic partnership in Canada with aviation...
World Faces Shortage of Sailors for Commercial Ships, Risking Supply Chains: Report July 28, 2021 By Jonathan Saul There could be a shortage of merchant sailors to crew commercial ships in five years if action is not taken...
Insured Losses from July Floods in Germany Could Approach $6B: AIR Worldwide July 28, 2021 AIR Worldwide, the Boston-based catastrophe modeling firm, estimates insured losses in Germany from July flooding could approach €5 billion ($6...
North Carolina County to Pay $1.25M to Family of Woman Killed in Accident With Sheriff’s Deputy July 28, 2021 The family of a woman killed in a crash with a North Carolina sheriff’s deputy earlier this year will receive...
Global Commercial Insurance Price Hikes Moderated Further in Q2: Marsh July 28, 2021 Global commercial insurance prices rose 15% in the 2021 second quarter, continuing a stunning track record of increases but far...
London Court of Appeal Agrees to Reopen $7B Brazil Dam-Collapse Lawsuit Against BHP July 28, 2021 By Kirstin Ridley London’s Court of Appeal made a U-turn on Tuesday by agreeing to reopen a $7 billion lawsuit by 200,000 claimants...
Officials Propose $1M Fine for Georgia Nitrogen Leak That Killed 6 July 27, 2021 By Jeff Amy Federal workplace safety officials are proposing nearly $1 million in fines against four companies following a liquid nitrogen leak in...
Disney to Resume Florida-Based Cruises in August July 27, 2021 Walt Disney Co’s cruise division said on Friday it would start operations from U.S. ports again next month, following a...