Reinsurer SCOR Reports H1 Loss of €239M Blamed on Ukraine War, Natural Disasters July 28, 2022 By L.S. Howard Reinsurer SCOR reported a first half loss attributed to the war in Ukraine, natural catastrophes and the severe drought in...
Allergan Poised to Pay More Than $2 Billion in Opioid Settlement July 28, 2022 By Jef Feeley AbbVie Inc.’s Allergan unit has reached an agreement to pay more than $2 billion to resolve thousands of lawsuits filed...
Reuters: EU Finds Evidence Employees’ Smartphones Compromised by Spyware July 28, 2022 By Raphael Satter The European Union found evidence that smartphones used by some of its staff were compromised by an Israeli company’s spy...
G7 Countries Aim to Have Price Cap on Russia Oil Before Dec. 5, When Sanctions Kick In July 28, 2022 By Jan Strupczewski The Group of Seven richest economies aim to have a price-capping mechanism on Russian oil exports in place by Dec....
Greensill Capital Sued by 277 Former Employees Over Firm’s Collapse, Job Losses July 28, 2022 By Katharine Gemmell and Olivia Fletcher A group of ex-Greensill Capital employees sued the defunct firm in London, accusing management of unfairly keeping them in the...
Trial Begins in Alex Jones’ Sandy Hook Damages Lawsuit July 28, 2022 By Jim Vertuno Conspiracy theorist Alex Jones repeatedly “lied and attacked the parents of murdered children” when he told his Infowars audience that...
Applied Underwriters Debuts Entertainment & Sports Division July 28, 2022 Steve Menzies, chairman of Applied Underwriters, announced the formation of Applied Entertainment & Sports, a new division of the company...
Insureds Can’t Block Repairs Then Sue Insurer, Florida Appeals Court Agrees July 28, 2022 By William Rabb Insureds cannot recover damages from the insurance company if they failed to comply with the policy and failed to allow...
PCF Insurance Acquires Zinc Insurance in Ohio July 28, 2022 PCF Insurance Services acquired Zinc Insurance in Solon, Ohio. Zinc specializes in insurance and risk management services for the trucking,...
Medical Helicopter in Ohio Crashed on Way to Fatal Accident July 28, 2022 A medical helicopter responding to the scene of a fatal accident in southwestern Ohio crashed this week when it hit...