New York Finds $1B in Hidden Transfers by Purdue Pharma’s Sackler Family September 16, 2019 By Adam Geller The family that owns OxyContin maker Purdue Pharma used Swiss and other hidden accounts to transfer $1 billion to themselves,...
Bankrupt Philadelphia Refinery Expects $50M Advanced Insurance Payment September 16, 2019 By Laila Kearney Insurers of a fire-damaged Philadelphia refinery have indicated they would make a $50 million initial advance payment in connection with...
Virginia is Latest State to Sue Purdue Pharma Family September 13, 2019 By Denise Lavoie Virginia has joined a growing number of states suing members of the family that owns Purdue Pharma for their alleged...
TigerRisk Partners Appoints Gupta as Chief Operating Officer in New York September 13, 2019 TigerRisk Partners LLC, a risk, capital and strategic advisor to the global insurance and reinsurance industries, has appointed Manoj Gupta...
Professional Insurance Agents of New York Names Tomassi as President September 13, 2019 John R. Tomassi was named president of the Professional Insurance Agents of New York (PIANY), at a meeting of the...
Vermont Anti-Poverty Group Fined for Asbestos and Safety Hazards September 12, 2019 A state investigation details a Vermont anti-poverty group didn’t tell its employees that one of its facilities contained asbestos, exposing...
Gallagher Hires Kambos to New York Management Liability Practice September 12, 2019 Gallagher, a global insurance brokerage, risk management and consulting services firm headquartered in Rolling Meadows, Ill., has hired Mike Kambos...
Assurance Hires Warren to Mid-Atlantic Office in Virginia September 12, 2019 Assurance, an independent insurance brokerage in the U.S., has hired Chris Warren. Warren will be based in the Assurance Mid-Atlantic...
Statewide Insurance Joins Satellite Agency Network Group September 12, 2019 Statewide Insurance has joined Satellite Agency Network (SAN) Group Inc., an alliance of independent insurance agencies in the Northeast, after...
Hagerty Acquires the Greenwich Concours d’Elegance in Connecticut September 11, 2019 Hagerty, an automotive lifestyle brand and provider of specialty insurance to vintage vehicle enthusiasts, has acquired the Greenwich Concours d’Elegance...