Bondholders Propose Bankruptcy Exit Plan Up to $30B for PG&E June 26, 2019 By Jonathan Stempel A committee of bondholders of PG&E Corp.’s utility unit on Tuesday proposed a bankruptcy reorganization plan that would inject up...
AIR Expands Europe Inland Flood Model, Updates UK Storm Surge Analysis June 26, 2019 Catastrophe risk modeling firm AIR Worldwide announced it has released an expanded inland flood model for Central Europe to include...
Student Loans, Family Leave, Telemedicine, Standing Desks: Tailoring Benefits to Multigenerational Workforce June 26, 2019 While the United States’ stable job market and regulatory environment have kept employee benefits offerings steady, some benefits such as...
Purdue’s Sackler Family Must Face Opioid Suits in New York June 26, 2019 By Chris Dolmetsch The billionaire owners of Purdue Pharma LP must face a New York lawsuit claiming they triggered the U.S. opioid epidemic,...
Beazley Snares Cyber Underwriters from Chubb, Gallagher for U.S. Regions June 26, 2019 Specialty insurer Beazley has hired two cyber and technology underwriters in the U.S. to meet growing demand from middle market...
Judge Open to ‘Novel’ Idea of Local Government Class for Opioid Settlement Talks June 26, 2019 By Jef Feeley A judge backed a push by U.S. cities and counties suing opioid makers such as Purdue Pharma LP and Johnson...
New York City Uber Driver Gets Three Years for Kidnapping Sleeping Passenger June 26, 2019 A man who drove for Uber in New York City has been sentenced to three years in federal prison for...
High School Student Sued for Activating Virginia Hotel Room Sprinkler June 26, 2019 A hotel’s insurance company has sued a high school student it claims caused more than $690,000 in damage by activating...
Philadelphia Refinery Fire Out, Probe into Cause of Blaze to Begin June 26, 2019 A fire in a Philadelphia refinery struck by explosions and a pre-dawn blaze last week has now been extinguished as...
BHSI Names QBE’s Walker as UK Head of Customer and Broker Engagement June 26, 2019 Berkshire Hathaway Specialty Insurance (BHSI) announced it has expanded its team in the UK with the appointment of Mark Walker...