Lufthansa Agrees to Pay $4M Penalty Over Treatment of Jewish Passengers October 16, 2024 By David Shepardson Lufthansa has agreed to pay a $4 million penalty for allegedly discriminating against Jewish passengers who were trying to board...
Explaining Deductibles After Multiple Florida Hurricanes October 16, 2024 By Patrick Wraight Deductibles serve several purposes. They provide some premium relief for the insured. They make insureds less likely to file smaller...
Google Endorses Bill to Reveal Funders Backing Lawsuits October 16, 2024 By Emily Birnbaum Google is endorsing a bill that would require people filing lawsuits to disclose who will be paying for – and...
Former Triple-I Exec Says He Was Fired After Testifying in Bullying Case Against CEO October 16, 2024 A former employee of the Insurance Information Institute is suing his former boss and the organization’s owners on allegations of...
GSK Sues Moderna for Patent Infringement Over COVID, RSV Vaccines October 15, 2024 By Blake Brittain British drugmaker GlaxoSmithKline sued Moderna in federal court in Delaware on Tuesday, accusing its American rival of violating GSK’s patent...
Markets/Coverages: QBE to Launch US Inland Marine With 3 Hires From AIG; Next Now Offers Standalone Pro Liability for Consultants October 15, 2024 QBE International Markets will launch a new U.S. inland marine offering by 2025 across all 50 states as it expands...
Progressive More Than Doubles Q3 Net Income Despite Helene Losses October 15, 2024 By Chad Hemenway Progressive Corp. said it’s third quarter 2024 net income more than doubled compared to last year, to about $2.3 billion....
KCC Expects Private Insured Losses of $36B From Hurricane Milton October 15, 2024 By Chad Hemenway Florida’s Hurricane Milton caused private insured losses of about $36 billion, estimated catastrophe modeler Karen Clark & Co. The estimate...
Honda Recalling 2 Million Vehicles Over Steering Issue October 15, 2024 By David Shepardson Honda Motor said it is recalling 2 million cars and SUVs in North America over an issue that can make...
J&J’s Court-Shopping Win Highlights Irresistible Bankruptcy Tool October 15, 2024 By Jonathan Randles and Steven Church Johnson & Johnson’s successful use of a “court-shopping” legal tactic to advance its latest plan for resolving thousands of cancer...