J&J Unit Files for Second Bankruptcy to Pursue $8.9B Talc Settlement April 5, 2023 By Mike Spector and Dietrich Knauth Johnson & Johnson has agreed to pay $8.9 billion to settle tens of thousands of lawsuits alleging that talc in...
Court Cancels Time Inc. Insurance for $4.9 Million Subscription Offer Settlement April 5, 2023 By Andrew G. Simpson Media giant Time Inc. has been denied insurance to help cover its $4.98 million settlement of two class actions that...
University Faces Class-Action by Students Over COVID Campus Lockdown April 5, 2023 By Randall Chase A lawsuit against the University of Delaware over its campus shutdown and halting of in-person classes because of coronavirus can...
Amwins Launches Excess Wildfire Product for California Residential Properties April 4, 2023 Amwins Access launched its new Excess Wildfire Product, which is intended to complement a self-insured retention plan or the California...
Ohio Flooring Mill Fined $333K for Repeated Safety Violations April 4, 2023 For the third time in five months, federal safety inspectors responded to a Portsmouth, Ohio hardwood flooring mill to investigate...
OGA Acquires Arkansas’ Jaeger + Haines, Inc. April 4, 2023 One General Agency (OGA) of Oklahoma City announced that it has acquired Jaeger + Haines, Inc., a wholesale broker in...
People Moves: WCRI Names Tanabe CEO; Fox Becomes Zurich N.A. CUO; WTW Appoints Bolig Head of P&C for Corp. Risk April 4, 2023 Tanabe to Succeed Ruser as WCRI CEO The Workers Compensation Research Institute (WCRI) has named Executive Vice President Ramona Tanabe...
Risk Strategies Acquires May, Bonee & Clark of Connecticut April 4, 2023 National specialty insurance broker Risk Strategies has acquired May, Bonee & Clark Insurance, a Connecticut-based business and personal insurance, employee...
DOXA Acquires Georgia-based Preferred Aviation MGA April 4, 2023 DOXA Insurance Holdings, an Indiana firm, has expanded its stable of distribution companies with the recent acquisition of Georgia-based Preferred...
Las Vegas Lawyer Indicted in $460M ‘Slip-and-Fall’ Scheme April 4, 2023 A longtime Las Vegas attorney was indicted on federal charges that he orchestrated a $460 million Ponzi scheme spanning multiple...