Purdue Pharma Secures Litigation Ceasefire After Supreme Court Ruling July 10, 2024 By Dietrich Knauth Purdue Pharma on Tuesday received U.S. court approval for a 60-day freeze on lawsuits against its owners, members of the...
Insurance Broker TWFG Aims to Raise Up to $176M in IPO July 10, 2024 Insurance broker TWFG, backed by reinsurer RenaissanceRe, said on Tuesday it is aiming to raise as much as $176 million...
Viewpoint: Premium Audits Help Insurers Navigate Regulatory Compliance July 10, 2024 By Robert Sherman Leading carriers and managing general agents (MGAs) are increasingly seeking to assess their premium income via audits to ensure exposures...
Marsh McLennan Agency to Acquire The Horton Group July 10, 2024 Marsh McLennan Agency said it has a definite agreement to buy Illinois-based brokerage The Horton Group, Inc. Terms were not...
CSU Research Team Increases Atlantic Hurricane Forecast July 10, 2024 By Chad Hemenway Hurricane Beryl got the respected team of researchers at Colorado State University to rethink its forecast for the Atlantic hurricane...
Chubb Shakes Up North American Insurance Leadership July 9, 2024 Chubb today said it has made several executive leadership changes in its North American general insurance business, with John Lupica...
NHTSA: Traffic Deaths Decrease Again in Q1 2024 July 9, 2024 Less people died in traffic accidents during the first three months of 2024, compared to the same time the prior...
Purdue Pharma Backs Creditor Move to Sue Sacklers Over Assets July 9, 2024 By Steven Church and Shannon D. Harrington The bankrupt estate of Purdue Pharma says it will support a move by the opioid maker’s creditors to sue members...
Abbott Faces Trial Over Claims Preterm Infant Formula Caused Dangerous Disease July 9, 2024 By Brendan Pierson Similac baby formula maker Abbott was expected to face a trial on Monday over claims that its formula for preterm...
Commercial Lines Not at Top of Cycle; ‘Thieves’ Fuel Social Inflation: CEOs July 9, 2024 By Susanne Sclafane It’s not waning market discipline but the scourge of social inflation that industry leaders of commercial lines insurance businesses see...