PFAS, Microplastics, Baby Food: Emerging Casualty Risks Keep Coming April 8, 2022 By Chad Hemenway There is no longer a need to ponder the “next asbestos” because the current litigation environment and the recent pace...
Secondary Perils Responsible for Growing Share of Disaster Claims: RMS April 8, 2022 By L.S. Howard Not only did natural catastrophes in 2021 break insurance claims records, but they also highlighted the growing cost of non-modeled...
Hub International Buys Maryland Broker Marketing Management Associates April 8, 2022 Global insurance broker Hub International has acquired the assets of Marketing Management Associates, Inc. of Landover, Maryland. Terms of the...
U.S. Supreme Court Mulls ‘Pill Mill’ Doctors’ Opioid Convictions April 8, 2022 By Nate Raymond The U.S. Supreme Court on Tuesday wrestled with the circumstances under which doctors can be convicted of operating as drug...
New Lloyd’s Insurer Inigo Issues Inaugural Catastrophe Bond April 8, 2022 Inigo Ltd., the new Lloyd’s insurer, has entered the catastrophe bond market for the first time, less than 18 months...
Greensill Capital Still Has $9.3B to Pay on Its Notes After Its Collapse a Year Ago April 8, 2022 By Lucca de Paoli Greensill Capital collapsed more than a year ago, but $9.3 billion of assets sold to investors as notes are yet...
Small Plane Crash Kills 2 in Central Texas; FAA, NTSB to Investigate April 8, 2022 Two people were killed April 5 when the small plane they were flying in crashed near a Central Texas airport,...
Illinois HVAC Company to Pay $29,000 Penalty Over Clean Air Act Violations April 8, 2022 The U.S. Environmental Protection Agency announced a settlement with JTR Heating and Air Conditioning, Inc. in Monee, Illinois, to resolve...
Qatar Airways Says It Wasn’t Obliged to Accept Deliveries of Flawed Jets From Airbus April 8, 2022 By Charlotte Ryan Qatar Airways said it wasn’t obliged to accept deliveries of Airbus SE A350 jetliners until an issue with surface paint...
Trudeau Hits Canadian Insurers and Banks With Billions in Extra Taxes April 8, 2022 By Derek Decloet and Kevin Orland Finance Minister Chrystia Freeland is imposing a one-time windfall levy on Canada’s major banks and permanently increasing their income tax...