Insurance News from December 20, 2021
National News
Ruling Against Purdue’s Sacklers Puts Controversial Bankruptcy Tactic in Spotlight
A federal judge's decision to unravel a settlement shielding members of the Sackler...
Infrastructure Investment Package Expected to Boost Surety Market: AM Best
EPA Releases $1 Billion to Clean Up Toxic Waste Sites in 24 States
UK Brokerage Insurtech Eyes U.S. Expansion After $7.9M Capital Raise
People Moves: Chubb Changes Commercial P/C Leadership; BHSI Promotes Meyer in Life Sciences; AIG Adds Hunter to ESG; J.D. Power Hires Ellingsworth
International & Reinsurance News
Argo Announces Sale of ArgoGlobal SE as Group Focuses on U.S. Specialty Insurance
Argo Group International Holdings Ltd., the Bermuda-based underwriter of specialty...
Insurer Storebrand to Buy Norwegian Pensions Unit From Danske Bank for $221M
Record Rainfall, Floods Across Globe Generate Billions in Economic Damages: Aon
Typhoon Rai Leaves Trail of Destruction in Southeast Asia, Killing More Than 200
Pro MGA Solutions Provides MGA Incubator Platform for Tierra Underwriting Ltd.
East News
Two Ex-Maryland Players Reach Settlement to Football Lawsuit
Two former Maryland football players have each reached $200,000 settlements in lawsuits...
West News
Arthur J. Gallagher Acquires Bradawn Insurance Services in California
Arthur J. Gallagher & Co. acquired Escondido, California-based Bradawn Insurance...
Southeast News
Fire Destroys Huge QVC Distribution Center in North Carolina
What was described as a "massive" fire destroyed most of a sprawling QVC distribution...
Texas / South Central News
Arkansas Flooring Manufacturer Faces $204K in Proposed Fines for Unsafe Workplace
A knot saw operator suffered a partial amputation of an index finger in June 2021 when...
Midwest News
Kansas Wildfires Kill Two
Two men have died from injuries suffered in wildfires that have burned hundreds of...