Pennsylvania Adopts Exception to Ban on an Insurer Subrogating Against an Insured February 24, 2022 By Andrew G. Simpson The Pennsylvania Supreme Court has sided with an insurer seeking subrogation for payments it made to an injured worker before...
Explosion Causes Fire at Oregon Potato Chip Plant February 24, 2022 A boiler explosion at a potato chip plant south of Hermiston, Oregon, sparked a dramatic fire Tuesday afternoon. The Tri-City...
Applied Underwriters to Buy Catlin Specialty From AXA XL February 24, 2022 Applied Underwriters said it will acquire Catlin Specialty Insurance Company from the AXA XL group of companies. Applied said it...
Pandemic Brought Surge in Illegal Street Racing Across U.S. February 24, 2022 By Andrew Selsky Jaye Sanford, a 52-year-old mother of two, was driving home in suburban Atlanta on Nov. 21 when a man in...
2 of 19 Austin Officers Charged Were Involved in Settled Cases February 24, 2022 Two of the 19 Austin police officers indicted for their actions during 2020 protests over racial injustice were involved in...
AXA Doubles 2021 Net Income to €7.29 Billion February 24, 2022 AXA reported a profit on Thursday that more than doubled from last year, with the French insurer recovering from pandemic-related...
Eye Care Network Settles $67K Disability Discrimination Suit February 24, 2022 Blue Sky Vision, L.L.C., a management services organization that provides support to eye care providers, will pay $67,590 and provide...
Swiss Re Corporate Solutions to Open New Canada Branch as Part of N. America Restructuring February 24, 2022 Swiss Re Corporate Solutions announced it has filed an application with regulators to establish a new Canadian branch of North...
Nigeria Accuses JPMorgan of Ignoring Red Flags for Fraud, Seeks Damages of $1.7B February 24, 2022 By Jonathan Browning Nigeria alleged JPMorgan Chase & Co. ignored “overwhelming” evidence of fraud and stark warnings from its own compliance staff as...
Brazilian Hospital Chain Rede D’or Acquires Insurer SulAmerica for $2.6 Billion February 24, 2022 By Peter Frontini Rede D’or said on Wednesday it has agreed to acquire insurer SulAmerica Seguros in a 13 billion-real ($2.6 billion) deal...