Markets/Coverages: Insurtech Parsyl Launches $20M Lloyd’s Consortium for Perishable Cargo April 5, 2023 Parsyl, the Denver-based insurer of essential supply chains, announced the launch of its new Essential Consortium at Lloyd’s of London....
UK Water Companies to Face Unlimited Fines for Polluting Rivers, Sea April 5, 2023 Water companies will incur unlimited fines for polluting rivers and the sea under new UK legislation to protect the environment,...
3M’s Bid to Shield Itself From Earplug Lawsuits Faces Skeptical Judges April 5, 2023 By Brendan Pierson and Dietrich Knauth Federal appeals court judges on Tuesday appeared skeptical of 3M’s bid to use the bankruptcy of its subsidiary Aearo Technologies...
Distraction, Speeding, Alcohol Drive Up 2021 Traffic Deaths April 5, 2023 By Tom Krisher Nearly 43,000 people died in U.S. traffic crashes in 2021, the highest number in 16 years with deaths due to...
J&J Unit Files for Second Bankruptcy to Pursue $8.9B Talc Settlement April 5, 2023 By Mike Spector and Dietrich Knauth Johnson & Johnson has agreed to pay $8.9 billion to settle tens of thousands of lawsuits alleging that talc in...
Court Cancels Time Inc. Insurance for $4.9 Million Subscription Offer Settlement April 5, 2023 By Andrew G. Simpson Media giant Time Inc. has been denied insurance to help cover its $4.98 million settlement of two class actions that...
University Faces Class-Action by Students Over COVID Campus Lockdown April 5, 2023 By Randall Chase A lawsuit against the University of Delaware over its campus shutdown and halting of in-person classes because of coronavirus can...
Amwins Launches Excess Wildfire Product for California Residential Properties April 4, 2023 Amwins Access launched its new Excess Wildfire Product, which is intended to complement a self-insured retention plan or the California...
Ohio Flooring Mill Fined $333K for Repeated Safety Violations April 4, 2023 For the third time in five months, federal safety inspectors responded to a Portsmouth, Ohio hardwood flooring mill to investigate...
OGA Acquires Arkansas’ Jaeger + Haines, Inc. April 4, 2023 One General Agency (OGA) of Oklahoma City announced that it has acquired Jaeger + Haines, Inc., a wholesale broker in...