West Virginia Lawsuit Against Opioid Makers Scheduled for April 2022 Trial August 9, 2021 A lawsuit filed by the state of West Virginia accusing several drug manufacturers of misrepresenting the risks of their painkilling...
Postmates Paying $1M to Washington Gig Workers in Settlement August 6, 2021 Online food delivery platform Postmates has agreed to pay almost $1 million to settle allegations it violated the city’s paid...
Rate Hikes, Investments Help AIG Get Back to Profit in Q2 August 6, 2021 American International Group generated a modest profit in the second quarter, citing gains from higher net investment income, far fewer...
Company Paying $1M After California Department of Insurance Alleges Employee Broke Law August 6, 2021 First American Title Co. has agreed to pay $1 million after a California Department of Insurance investigation alleged that one...
Delaware Insurance Commissioner Issues Alert About Recalled Respiratory Machines August 6, 2021 Delaware Insurance Commissioner Trinidad Navarro has released a consumer alert for users of respiratory devices manufactured by Philips. An estimated...
Canary Blomstrom Insurance Agency Merges with GoodWorks Financial Group August 6, 2021 Canary Blomstrom Insurance Agency of Agawam recently became a member of GoodWorks Financial Group, a national network of insurance agencies,...
New Hampshire Experiences Continued Stability in Workers’ Comp Market August 6, 2021 The New Hampshire Insurance Department (NHID) approved a rate proposal filed by the National Council on Compensation Insurance (NCCI) that...
Ex-West Virginia Mayor Pleads Guilty to Stealing Flood Relief Funds August 6, 2021 A former mayor in West Virginia has pleaded guilty to stealing federal relief funds meant to rebuild his city after...
Africa Specialty Risks Launches Reinsurer in Bermuda August 6, 2021 Africa Specialty Risks (ASR), the pan-African focused reinsurance group, announced it has launched a licensed reinsurer in Bermuda. The group...
Allianz Posts 46% Jump in Q2 Profit, with Rosy Outlook Expected August 6, 2021 FRANKFURT – German insurer Allianz on Friday posted a better-than-expected 46% jump in second-quarter net profit and provided a rosier...