Insurance News from June 05, 2024
National News
Judge Cuts Bayer $2.25 Billion Roundup Verdict to $400 Million
A Pennsylvania judge on Tuesday slashed a $2.25 billion U.S. verdict against Bayer to...
International & Reinsurance News
London Hospitals Hit by Cyberattack Affecting Blood Transfusions
Services at several London hospitals were disrupted after a provider that helps manage...
East News
Hospital Not Liable in Nurse’s Sexual Battery Against Patient
A Virginia hospital is not vicariously liable for a sexual molestation committed by one...
West News
Hub Acquires Combined HCM in California
Hub International Ltd. acquired the assets of Combined Benefits Inc., Combined...
Southeast News
Kentucky Governor Unveils Plan to Boost Rental Housing Amid Shortage
FRANKFORT, Ky. (AP) — Kentucky Gov. Andy Beshear said this week that a rental housing...
Texas / South Central News
AM Best Downgrades Credit Ratings of Farm Bureau Mutual Insurance Company of Arkansas
AM Best has downgraded the Financial Strength Rating to B (Fair) from B+ (Good) and the...
Midwest News
Dozens More Former Youth Inmates Sue Over Alleged Sexual Abuse at Illinois Detention Centers
Dozens more former youth inmates filed lawsuits seeking millions of dollars in damages...