Insurance News from October 11, 2023
National News
Court OKs Mallinckrodt Restructuring, $1 Billion Cut to Opioid Settlement
Drugmaker Mallinckrodt on Oct. 10 won court approval for a bankruptcy plan that cuts $1...
International & Reinsurance News
Global Economic Losses From Extreme Weather Could Hit $5 Trillion: Lloyd’s
Global economic losses could reach $5 trillion under a "plausible increase" in extreme...
East News
Its Basketball Players Are Not Employees, Dartmouth College Argues
Dartmouth College lawyers argued last Thursday that the Ivy League school's basketball...
West News
Failure of Component Caused Washington Seaplane Crash That Killed 10, NTSB Says
U.S. investigators have confirmed that a mechanical issue caused the seaplane crash...
Southeast News
Less Red Ink in Florida, 2 New Insurers, and Citizens Wants Commercial Take-outs
Florida-based insurers still aren't profitable, overall, but their net losses and...
Texas / South Central News
Texas Mutual Awards Over $2M in Safety Grants
Texas Mutual Insurance Company, the state's leading provider of workers' compensation...
Midwest News
Mother of Teen Found Dead in Illinois Hotel Freezer Reaches Settlement in Lawsuit
CHICAGO (AP) – The mother of a 19-year-old Chicago woman who was found dead in 2017...