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
UK Brokerage Insurtech Eyes U.S. Expansion After $7.9M Capital Raise
EPA Releases $1 Billion to Clean Up Toxic Waste Sites in 24 States
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
Typhoon Rai Leaves Trail of Destruction in Southeast Asia, Killing More Than 200
Record Rainfall, Floods Across Globe Generate Billions in Economic Damages: Aon
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
Vaccinated California Employees Face Workplace Restrictions
In a move criticized by business groups and hailed by labor advocates, California's...
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
Fatal Texas Plane Crash Likely Clipped Treetops
A small plane appeared to have clipped treetops before crashing west of Houston,...
Midwest News
McDonald’s to Pay Black Store Owner $33.5 Million in Bias Suit
McDonald's will pay $33.5 million to a former baseball player who owns multiple...