Down, Down, Down….AM Best P/C Downgrades Outpacing Upgrades October 17, 2023 The number of rated property/casualty personal lines insurers that had their credit ratings downgraded by AM Best more than doubled...
Former Washington NFL Player Denied Workers’ Compensation for Hip October 17, 2023 Stuart Anderson, who played linebacker for the National Football League’s Washington Redskins (now known as the Washington Commanders) in the...
California Daycare Owners Arrested After 2 Children Drown in Backyard Pool October 17, 2023 The mother-and-daughter owners of a California home day care were arrested after two children drowned in the backyard pool earlier...
Captain Likely Asleep Before Ferry Crash in Washington Last Year, Officials Conclude October 17, 2023 Fatigue and complacency led to a passenger and car ferry crashing into a terminal in Seattle last year, causing $10.3...
New York Plant Transfers Spent Nuclear Fuel to Dry Cask Storage October 17, 2023 The Indian Point nuclear power plant in Buchanan, New York, has transferred all spent nuclear fuel to dry cask storage...
People Moves: Newfront Adds Burns, Sheppard in Texas October 16, 2023 Newfront Adds Todd Burns and Lee Sheppard in Texas Newfront, a tech-driven insurance brokerage firm based in San Francisco, has...
Eli Lilly to Pay $2.4M to Settle Class Age Discrimination Suit October 16, 2023 Lilly USA, LLC, a pharmaceutical corporation based in Indianapolis, Indiana, and its parent company, Eli Lilly and Company, will pay...
People Moves: WTW Risk & Broking Names Marsh’s Powell as Chief Claims Officer; QBE Europe Promotes Keller as Head of Liability October 16, 2023 This edition of International People Moves details appointments at WTW and QBE Europe. A summary of these new hires follows...
Markets/Coverages: Howden Launches Innovation Hub With £500M of Delegated Underwriting Capacity, Commits £10M for Insurtech Funding October 16, 2023 Howden, the London-based insurance group, has launched Howden Ventures, subject to Lloyd’s approval, with £500 million ($607.1 million) of delegated...
California Governor Signs Bill Restricting Sharing Data from Cameras Inside Cabin of Vehicles October 16, 2023 California Gov. Gavin Newsom signed a bill that gives consumers greater control over data captured by in-cabin cameras in their...