K2 Insurance Services Recapitalizes with Lee Equity; Will Spin Off Aegis Security May 14, 2019 San Diego-based K2 Insurance Services, a specialty insurance services holding company, has found a new equity partner. Lee Equity Partners,...
Hannon Assumes CEO Role at ProSight as Beneducci Steps Aside to Become Chairman May 14, 2019 ProSight Specialty Insurance announced that Joe Beneducci will be taking over the role of executive chairman for the insurer. Larry...
Supreme Court Apple Ruling May Increase Liability Exposure for Digital Platforms May 14, 2019 By Greg Stohr Consumers can press ahead with a lawsuit that accuses Apple Inc. of using its market dominance to artificially inflate prices...
With Vehicle Brake Override Widely Adopted, U.S. Sees No Need for Requirement May 14, 2019 By David Shepardson The Trump administration said Monday it will drop rules first proposed in 2012 that would have required automakers to install...
Pinto or Tylenol? What’s Boeing’s Strategy for Restoring Public, Pilot Trust in 737 Brand? May 14, 2019 By Julie Johnsson Boeing Co.’s 737 Max is about to join the list of brands trying to come back from ignominy. Analysts are...
California Jury Blames Roundup for Couple’s Cancer, Awards $2 Billion May 13, 2019 By Tina Bellon A California jury on Monday awarded more than $2 billion to a couple who claimed Bayer AG’s glyphosate-based Roundup weed...
A.M. Best Ugrades Ratings of AmeriTrust Group Subsidiaries May 13, 2019 AmeriTrust Group Inc.’s five insurance carrier subsidiaries have received an upgraded Financial Strength Rating (FSR) of “A-” (Excellent) from A.M....
National Flood Services Names Insureon Solution’s Blust as New CEO May 13, 2019 National Flood Services, which offers processing, claims and customer service for flood insurance programs, has named Ralph Blust as chief...
Crash Victims’ Final Minutes Will Influence Financial Liability for Boeing, Insurers May 13, 2019 By Margaret Cronin Fisk and Janan Hanna The amount of money Boeing Co. and its insurers will pay to the families of those who perished aboard two...
How Homes Are Being Built, Raised to Withstand Extreme Weather May 13, 2019 By Jim Efstathiou Jr. and Prashant Gopal Breezy Point is beautiful in the summertime, a quaint neighborhood sitting on a slim peninsula that juts out into the...