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Everest Insurance Hires Gregg as Vice President in New York City

Everest Insurance has hired Dawn Gregg as a vice president within the Risk Management division. In this role, Gregg will focus on growing the Everest Insurance portfolio of large primary casualty risk management accounts within the Eastern region. She will …

Rhode Island High Court Vacates Lower Court Decision in Drowning Case

The Rhode Island Supreme Court has vacated a lower court’s decision that ruled in favor of a swimming pool retailer sued by the parents of a 4-year-old boy who drowned in one of their pools. Raymond Oliver and Tiffany Gear …

Warmth, Snowmelt, Rain Raise Flood Concerns in New England

A combination of warm weather, rain and melting snow was feeding floodwaters in low-lying areas of Vermont, New Hampshire and Maine on Saturday. No injuries were reported, but in Vermont the Stowe swift water rescue team was staging in the …

Class Action Defense Costs Rising; Wave of Cyber Actions Predicted

The overall cost to large businesses of defending against class action lawsuits continues to rise even as the number of companies sued falls. This is happening because more companies being sued are facing multiple suits and the cases have become …

AI Startup Cytora Raises $32.5M to Expand Commercial Insurance Products, Geographies

Cytora, the London-based provider of artificial intelligence-powered solutions for the commercial insurance industry, announced it has raised £25 million ($32.5 million) in new financing, which will be used to accelerate expansion of the company’s product suite as well as its …

Sompo International Appoints Brazil as CEO of SI Insurance (Europe)

Sompo International Holdings Ltd., the Bermuda-based specialty provider of property and casualty re/insurance, announced that Thomas Brazil will become chief executive officer of SI Insurance (Europe), SA, the company’s platform for European Economic Area (EEA) insurance business. Brazil has held …

SLTX: Surplus Lines Insurance Bills Advancing in Texas

The Surplus Lines Stamping Office of Texas (SLTX) reported that several bills that would affect the surplus lines insurance industry in the state have advanced in the state Legislature. HB 1940, relating to the eligibility of surplus lines insurers to …

Louisiana Company to Pay $25K to Settle Federal Disability Lawsuit

Federal regulators say a Louisiana company that operates a fleet of off-shore work boats in the Gulf of Mexico discriminated against and fired employee due to perceived disability. The U.S. Equal Employment Opportunity Commission (EEOC) filed a disability lawsuit against …

Wuthrich Named Executive Director of Houston Independent Agents Group

The Independent Insurance Agents of Houston (IIAH) has named David Wuthrich as the group’s new executive director. Wuthrich is a native Houstonian and has worked in the insurance industry for many years. Most recently, Wuthrich has been developing and implementing …

Suits Against Gun Seller Tied to Kansas Business Shootings Settled for $2M

The families of victims of a mass shooting at a central Kansas business in 2016 have won a $2 million legal settlement from a pawn shop that sold the firearms to the shooter’s girlfriend. The settlement of three lawsuits in …