Demand for Trade Credit Insurance Grows Rapidly, as Brexit Fuels Insolvency Concerns October 16, 2019 By Carolyn Cohn Companies are stepping up purchases of insurance to protect themselves against insolvencies in Britain, industry sources say, in part due...
Unstable Building, Cranes Hamper Rescue After New Orleans Hotel Collapse October 16, 2019 By Kevin McGill Rescue workers and search dogs moved gingerly through a dangerously unstable New Orleans hotel in a risky search for the...
California Fuel Tank Fire Contained, Ending Order for Residents to Take Shelter October 16, 2019 A fire at a San Francisco-area fuel terminal is contained after spewing black smoke high in the air, snarling rush-hour...
Ryan Specialty Group Acquires Assets, Operations of Pennsylvania’s The Suitelife October 16, 2019 Ryan Specialty Group LLC has acquired the assets and operations of The Suitelife, a program manager specializing in boutique hotels,...
The Hilb Group Acquires New Jersey’s LCIA October 16, 2019 The Hilb Group LLC (THG) has acquired New Jersey-based LCIA Inc. DBA Campisano Insurance Agency (LCIA). The transaction became effective...
Gas Explosion, Fire Displaces 150 People in Boston October 16, 2019 A gas explosion and fire at a Boston apartment building has displaced about 150 people. Fire officials say no injuries...
AIG Could Become Involved in Defamation Claim Against ‘Illiquid’ Elon Musk October 16, 2019 By Dana Hull Insurance giant American International Group Inc. may get wrapped up in a defamation case involving billionaire Elon Musk, who has...
Why Big Internet Firms Think They Should Remain Shielded from Content Liability October 16, 2019 By David Shepardson A 23-year-old law giving technology companies legal protection from lawsuits over user-generated content remains critical to the internet’s future, Alphabet...
CNA Names James as Chief Risk Officer; Appoints Miralles President of Warranty October 16, 2019 Mark James has been named CNA’s Chief Risk and Reinsurance Officer. He assumes leadership for CNA’s Enterprise Risk Management function...
Three Major Drug Distributors Negotiating to Settle Bellwether Opioid Case: WSJ October 16, 2019 Three drug distributors are in talks with state and local governments to settle thousands of opioid lawsuits for $18 billion,...