U.S. Court Rejects J&J Bankruptcy Strategy for Thousands of Talc Lawsuits January 31, 2023 By Tom Hals, Mike Spector and Dan Levine A U.S. appeals court on Monday shot down Johnson & Johnson’s attempt to offload tens of thousands of lawsuits over...
Markets/Coverages: Combo W&H and EPL Policy From ExecutivePerils; Coalition Adds Crime and Fiduciary Coverage January 31, 2023 Independent wholesaler ExecutivePerils announced the launch of a new insurance policy, EPL+WHIP – a product that combines wage & hour...
Ranks of Quiet Quitters Climb as Layoffs Mount January 31, 2023 By Matthew Boyle and Jeff Green Close to one in five workers has fully checked out on the job, and employees’ sense that they’re being treated...
Connecticut Supreme Court Upholds Insurers in Two Covid-19 Business Loss Appeals January 31, 2023 The Connecticut Supreme Court has upheld insurers in two cases where claims for business interruption losses blamed on Covid-19 were...
People Moves: Mutual of Enumclaw Fills Two New Executive Roles January 31, 2023 Mutual of Enumclaw, a regional carrier of personal, business and farm and ranch insurance policies, has appointed two new leaders...
New York Gov. Hochul Vetoes Wrongful Death Damages Bill January 31, 2023 By Andrew G. Simpson New York Gov. Kathy Hochul last night vetoed a measure that would have expanded wrongful death benefits after her late...
25 Charged in Fake Nursing Diploma Scheme in South Florida January 31, 2023 Federal authorities in Florida have charged 25 people with participating in a wire fraud scheme that created an illegal shortcut...
Residents Told Structure Had No Insurance After Fire Destroys Miami Apartment Complex January 31, 2023 More than 100 people in Miami are looking for new homes after a fire destroyed dozens of units at an...
Rising Costs of Secondary Perils Force Reinsurers to Require Higher Attachment Points January 31, 2023 By L.S. Howard Economic and insured losses from secondary perils from natural catastrophes are accelerating and surpassing the loss totals from primary perils,...
Coalition Launches Full-Stack Cyber Insurer for SMBs January 31, 2023 Insurtech Coalition on Jan. 30 announced the launch of a full-stack cyber insurance carrier. Coalition Insurance Company (CIC), what Coalition...