U.S. Economic Losses from Severe Weather During May Topped $4 Billion: Aon June 24, 2020 Severe weather outbreaks across the United States, with a lot of hailstorm damage, resulted in another costly month for insurers...
Synagogue Shooting Victims Sue Smith & Wesson for Negligence June 24, 2020 Firearms manufacturer Smith & Wesson Brands Inc. negligently marketed the AR-15 style semiautomatic rifle that was used in a 2019...
Judge Sides with Trump Over Hospitals on Price Disclosure Rule June 24, 2020 By Jonathan Stempel A federal judge on Tuesday dismissed a challenge by hospital groups to a federal rule requiring them to disclose prices...
Minor League Baseball Teams Sue Insurers for Coronavirus Business Income Losses June 24, 2020 By Suzanne Barlyn Fifteen U.S. minor league baseball teams on Tuesday sued several insurers for not paying out claims for business interruption losses...
Rival Wholesale Brokers Ryan Specialty Group and All Risks Agree to Merge June 24, 2020 Two of the largest property/casualty insurance wholesalers are looking to merge. The deal will unite Chicago-based Ryan Specialty Group and...
Berkley One Launches Recreational Marine Product, Enhances Other Offerings June 24, 2020 Berkley One has launched a recreational marine product and made other product enhancements in five states. Recreational Marine insurance, already...
Court Rejects J&J Bid to Toss Baby Powder Verdict But Cuts Damages to $2.1B June 23, 2020 By Jonathan Stempel A Missouri appeals court on Tuesday rejected Johnson & Johnson’s bid to throw out a jury verdict in favor of...
Business Cyber Losses Soar but Firms Fight Back with Extra Security Spending: Study June 23, 2020 By L.S. Howard Cyber losses among businesses have risen nearly six-fold during the past year, from a median cost of $10,000 per firm...
Millions of Abandoned Oil and Gas Wells Pose Environmental, Health Risks June 23, 2020 By Nichola Groom In May 2012, Hanson and Michael Rowe noticed an overpowering smell, like rotten eggs, seeping from an abandoned gas well...
LGBTQ Employees Still See Equality Gaps After Supreme Court Ruling on Firing June 23, 2020 By Cathy Bussewitz and Joseph Pisani Even with this week’s Supreme Court ruling, the workplace will be far from equal for lesbian, gay, bisexual and transgender...