3 Million Plaintiffs Seeking $1.2B from California Health Firm February 11, 2022 By Don Thompson A lawsuit over high health care bills filed on behalf of more than 3 million employers and people seeks as...
People Moves: Great American P&C Promotes Cohen, Kadnar; Markel Adds Hiscox’s Wakeham as U.S. Terrorism Underwriter February 11, 2022 Great American Insurance Group has promoted Jason M. Cohen to senior vice president and Julie F. Kadnar to divisional group...
S&P Report Sheds Light on Florida Farm Bureau’s Losses February 11, 2022 Recently posted data provides new insight on the dire financial situation for Florida Farm Bureau, one of four carriers that...
SpaceX Satellites Falling Out of Orbit After Being Hit by Solar Storm February 11, 2022 By Marcia Dunn SpaceX’s newest fleet of satellites is tumbling out of orbit after being struck by a solar storm. Up to 40...
Catholic Church Sex Abuse Panel in Portugal Receives 200 Allegations in First Month February 11, 2022 By Barry Hatton A lay committee looking into historic child sex abuse in the Portuguese Catholic Church said Thursday that during its first...
World Insurance Acquires Allied Partners in Maryland-District of Columbia Area February 11, 2022 World Insurance Associates said it acquired Allied Partners Insurance Inc. of Gaithersburg, Maryland on February 1, 2022. Terms of the...
Purdue’s Sacklers Consider Adding $1 Billion More to Opioid Settlement February 11, 2022 By Jef Feeley, Jeremy Hill and Malathi Nayak Members of the billionaire Sackler family that own Purdue Pharma LP are weighing whether to add $1 billion to the...
Senate Joins House in Passing Ban on Forced Arbitration of Worker Sexual Abuse Claims February 11, 2022 By Moira Warburton and Richard Cowan The U.S. Senate on Thursday approved a bill that would ban companies from forcing employees who allege sexual assault or...
Hamilton Launches U.S. E&S Insurer, Names Rhoades CEO February 11, 2022 Bermuda-based specialty insurer Hamilton Insurance Group, Ltd. reports it has formed Hamilton Select Insurance Inc., a U.S. excess and surplus...
Parametric Insurtech Startup FloodFlash Raises $15M for International Expansion February 11, 2022 FloodFlash, the UK parametric insurance technology company that pays catastrophic flood claims within 48 hours, announced a Series A capital...