Man Mauled by Sheriff’s K-9 in California to Get $1.3M February 14, 2023 Sonoma County will pay $1.35 million to settle a civil rights lawsuit brought by a man who was mauled by...
Jury Awards Former Philadelphia Eagles Player $43.5M in Medical Malpractice Case February 14, 2023 A Philadelphia jury yesterday awarded former Philadelphia Eagles team captain Christopher Maragos $43.5 million in damages in a case of...
Commercial Auto Insurtech Startup OpenEyes Emerges From Stealth February 14, 2023 OpenEyes, an insurtech serving commercial automotive fleets, today emerged from stealth with $18 million in Series A funding led by...
Markets/Coverages: Apollo Launches Drone Insurance Facility in Partnership With MGA Moonrock February 14, 2023 Apollo, the London-based independent specialist insurer and reinsurer, is providing capacity to Moonrock Drone Insurance, designed to provide coverage for...
BMS Acquires Spanish Broker Viafina, a Surety Insurance Specialist February 14, 2023 BMS, the London-based independent specialty re/insurance broker, announced that BMS Iberia has signed a deal to acquire Seguros Viafina (Viafina),...
WV House Approves $105M for Gates-backed Green Energy Battery Plant February 14, 2023 Lawmakers in West Virginia’s House of Delegates on Friday greenlit an investment of $105 million in taxpayer dollars to support...
Ohio Train Derailment Prompts West Virginia Utility to Take Water Safety Steps February 14, 2023 A West Virginia water utility is enhancing its water treatment process as a precaution following the derailment of a train...
People Moves: AGCS Creates Delegated Authority, Portfolio & Facilities Team; WTW Bolsters Exposure Mgmt, Climate Analytics Unit; IQUW Hires Jiang for Political Risk February 14, 2023 This edition of International People Moves details appointments at Allianz Global Corporate & Specialty (AGCS), Willis Towers Watson (WTW), and...
Earthquakes in Turkey to Cost Insurers More Than $1 Billion, Verisk Estimates February 14, 2023 Economic losses for the Feb. 6, 2023 earthquakes in Turkey will likely exceed US$20 billion, while insured losses will likely...
AIG, Stone Point Capital to Form Independent MGA for High Net Worth Business February 14, 2023 Following through on intentions to move its high net worth business to nonadmitted paper—and some to other capital providers—American International...