Miss. Supreme Court Orders USAA to Pay $15M in Hurricane Katrina Bad-Faith Claim December 9, 2024 By William Rabb When hurricanes hit coastal areas, property insurers often breathe a sigh of relief when much of the damage appears to...
Jury Awards $452 Million in Damages For Insulin Patch Trade Secrets Theft December 9, 2024 By Blake Brittain Medical device maker Insulet convinced a jury that Korean rival EOFlow owes it $452 million in damages for stealing trade...
Father of Victim of NYC Subway Chokehold Sues Defendant Daniel Penny December 9, 2024 By Philip Marcelo The father of the victim at the center of the fatal New York City subway chokehold trial has sued the...
Quake Prompted Tsunami Warning West Coast. Here’s What to Know About Tsunamis December 9, 2024 By Mark Thiessen The powerful earthquake that struck in Northern California on Thursday prompted a brief tsunami warning affecting about 5 million people...
Antares Announces Leadership Team for New Commercial Division December 6, 2024 Antares Global Management Ltd. announced three key appointments for its new Commercial Division, which comprises Syndicate 1274 and Bermuda-based Antares...
Aviva CEO Amanda Blanc Conquers Detractors and Direct Line December 6, 2024 By Pamela Barbaglia and Leonard Kehnscherper Amanda Blanc is determined to steer Aviva Plc to one of the biggest takeovers in its history, a highlight in...
UK Issues Red Warning as Storm Darragh Brings Hurricane-Strength Winds December 6, 2024 By William Mathis and Eamon Akil Farhat Storm Darragh has triggered a red weather warning for the west coast of Wales and the Bristol Channel on Saturday,...
After 23 Years as CEO, Craft Moves to Producer Role at Palomar as Williford Takes Helm December 6, 2024 Alabama-based Palomar Insurance, a 70-year-old agency with offices across the state and in Mississippi and Georgia, announced that longtime CEO...
Insured Losses From Natural Disasters Top US$100B for 5th Consecutive Year: Swiss Re December 6, 2024 By L.S. Howard Estimated insured losses from natural catastrophes are on track to surpass US$100 billion in 2024 – for the fifth consecutive...
Failure to Produce Proof of Purchase Dooms Insurer’s Product Liability Case December 6, 2024 A federal court in Pennsylvania recently affirmed that plaintiffs seeking to hold a seller or distributor liable for a faulty...