US Supreme Court Torn Over Purdue Pharma Bankruptcy Settlement December 5, 2023 By John Kruzel and Andrew Chung U.S. Supreme Court justices on Monday struggled over whether to approve OxyContin maker Purdue Pharma’s bankruptcy settlement, voicing concern the...
New Hampshire Roofing Contractor Lied to Beat OSHA Penalties, Judge Says December 5, 2023 A New Hampshire contractor has been accused of lying and being evasive in an attempt to avoid responsibility for safety...
TWIA Board of Directors to Consider 2024 Budget at Upcoming Meeting December 4, 2023 The Texas Windstorm Insurance Association (TWIA) Board of Directors will meet next week to consider the association’s 2024 budget. The...
People Moves: Ryan Specialty Appoints Nash President of CorRisk Solutions; Dunne Joins AIG Board of Directors December 4, 2023 Ryan Specialty appointed Thomas Nash as president of CorRisk Solutions, the wholesale distribution professional liability managing general underwriter, a part...
Jury Orders Egg Suppliers to Pay $17.7M in Damages for Price Gouging in 2000s December 4, 2023 By Isabella Volmert A federal jury in Illinois ordered $17.7 million in damages – an amount tripled to more than $53 million under...
Federal Judge Dismisses Lawsuit Alleging Environmental Discrimination in Louisiana Parish December 4, 2023 NEW ORLEANS (AP) – A federal judge has thrown out a lawsuit that accused a south Louisiana parish of using...
Iowa Insurance Agent Pleads Guilty to Wire Fraud December 4, 2023 An Iowa man pleaded guilty to wire fraud for using his position as an insurance agent and annuity salesperson to...
Illinois High Court: UM Insurance Can’t Be Restricted to Occupants of Covered Vehicles December 4, 2023 By Jim Sams The Illinois Supreme Court on Thursday affirmed an appellate court ruling that found that injuries to a 14-year-old boy who...
US Personal Lines Outlook Continues to Be Negative: AM Best December 4, 2023 By Chad Hemenway The U.S. personal lines insurance industry faces too many daunting challenges, leading AM Best to maintain its negative outlook. The...
Confie Acquires Acceptance Insurance December 4, 2023 Confie announced the acquisition of Acceptance Insurance’s retail division to its family of brands. The personal lines distribution company said...