Norfolk Southern Says Cost of Ohio Derailment Doubles to $803M July 28, 2023 By Josh Funk OMAHA, Neb. (AP) – The costs associated with Norfolk Southern`s fiery February derailment in Ohio have more than doubled to...
People Moves: Everest Insurance Int’l Taps Brionne and Benson From Chubb, Promotes Mah; SiriusPoint Hires TMK’s Kattan as Global Head of Ceded Reinsurance July 28, 2023 This edition of International People Moves details appointments at Everest Insurance International and SiriusPoint. A summary of these new hires...
Florida’s Universal Profits Are Up as Carrier Sheds Policies, Feels Impact of Reforms July 28, 2023 By William Rabb Efforts by Universal Insurance Holdings, the publicly traded parent company of one of Florida’s largest property and casualty insurers, to...
Markets/Coverages: QBE North America, Converge Launch New Cyber Program July 28, 2023 QBE North America and new managing general agency, Converge, teamed up to launch a cyber insurance program, which will be...
Mother Punched While She Held Her Baby Sues Los Angeles Sheriff`s Department July 28, 2023 A woman who was punched in the face by a deputy as she held her baby sued the Los Angeles...
Michael Jackson’s Employees Were Not Legally Obligated to Prevent Sex Abuse, Lawyer Argues in Court July 28, 2023 By Andrew Dalton Workers for corporations owned by Michael Jackson had no legal obligation to protect children from the pop star, an attorney...
Clear Group Acquires UK Specialist MGA, Profile Risk Solutions July 28, 2023 The Clear Group, the London-based independent broker, announced the acquisition of a specialist commercial lines managing general agent, Profile Risk...
Teen`s Death in Poultry Plant Shows Child Labor Remains a Problem, Feds Say July 28, 2023 The death of a 16-year-old in a Mississippi poultry plant earlier this month offered another reminder that children remain vulnerable...
Global Natural Disasters Cost Insurers $43B in H1, Surpassing 10-Yr Average: Munich Re July 28, 2023 By L.S. Howard Natural disasters during the first half of 2023 cost insurers an estimated US$43 billion with an overall economic price tag...
Kraft Heinz Defeats Lawsuit Over Mac & Cheese Preparation Time July 28, 2023 By Jonathan Stempel A federal judge on Thursday dismissed a lawsuit accusing Kraft Heinz & Co of misleading consumers by promising it takes...