Purdue Pharma and its Sackler family owners have reached a new $7.4 billion settlement to resolve thousands of lawsuits alleging that the pain medication OxyContin caused a widespread opioid addiction crisis in the U.S., several state attorneys general said Thursday. …
President Donald Trump’s executive orders against “illegal” diversity, equity and inclusion policies have left corporations and their lawyers struggling to grasp exactly what that means. Trump on Tuesday ordered federal contractors to affirm they don’t “engage in illegal discrimination, including …
California Insurance Commissioner Ricardo Lara is asking all California insurance companies to provide advance payments on claims for Los Angeles wildfire survivors. Lara’s order is designed to help speed the recovery process for wildfire survivors affected by several fires in …
Moody’s Ratings said in a report on Thursday that it expects the Los Angeles wildfires to increase property insurance costs across California. According to Moody’s, the state’s already noticeable insurance pricing and availability challenges are likely to intensify, with negative …
Oklahoma Insurance Commissioner Glen Mulready announced new details regarding the launch of OKReady, the Strengthen Oklahoma Homes (SOH) program, that went into effect on November 1, 2024. Over the past several months, the Oklahoma Insurance Department (OID) has been working …
Anneren Family Holding Company, established to perpetuate the Ansay family’s legacy, has announced the appointment of Angela Sikowski as President and Nikki Kiss as Chief Operating Officer (COO). This transition marks a significant step in the company’s evolution, with a …
A New York roller derby league has lost its bid to temporarily block a local ban on transgender female athletes. Nassau County Supreme Court Judge Bruce Cozzens on Tuesday denied a request by the Long Island Roller Rebels to prevent …
A judge in northwestern Ohio found a pastor guilty on criminal charges Tuesday for failing to comply with the city fire code after he opened his church to let homeless people and others stay inside overnight to escape the winter …
Descartes Underwriting has announced the launch of a parametric insurance product to protect utility-scale solar farms against tornado damage. According to a press release, the coverage uses satellite data and analytics to insure transition-sector investments against physical damage, business interruption …
Zurich NA Appoints Bessette as Chief Data Officer Zurich North America, headquartered in Schaumburg, Illinois, appointed Kristen Bessette as chief data officer. Based on the East Coast, Bessette previously held multiple senior positions at Liberty Mutual Insurance in Boston, culminating …
