Supreme Court Refuses to Block NFL’s $765 Million Concussion Accord December 12, 2016 By Greg Stohr The U.S. Supreme Court let stand the National Football League’s $765 million concussion settlement, turning away contentions by former players...
Supreme Court Denies Greenberg Bid to Halt New York AG’s Reinsurance Case December 12, 2016 By Lawrence Hurley The U.S. Supreme Court on Monday rejected former American International Group CEO Maurice “Hank” Greenberg’s bid to escape civil fraud...
National General Purchases Non-Standard Auto Renewal Rights from Nationwide December 12, 2016 National General Holdings Corp. has entered into a renewal rights transaction with Nationwide Mutual Insurance Co. for its personal and...
Recreational Marijuana Becoming Legal in Massachusetts December 12, 2016 By Bob Salsberg Recreational marijuana is becoming legal in Massachusetts. Legal, but not readily available. The ballot question approved by voters Nov. 8...
Munich Re Chairman von Bomhard Voted 2017 Insurance Hall of Fame Laureate December 12, 2016 The International Insurance Society (IIS) has chosen Nikolaus von Bomhard, chairman of the board of management of Munch Re, as...
Fatal New York City Crane Collapse Blamed on Operator Error December 12, 2016 New York City officials are blaming a crane collapse that killed a man in lower Manhattan in February on operator...
Feds Charge 18 People in Pennsylvania Prescription Fraud December 12, 2016 Federal prosecutors in Pittsburgh have charged 18 people in 13 separate indictments with fraudulently obtaining prescription painkillers from government insurance...
Aetna CEO Denies Obamacare Exits Were Retaliation for U.S. Opposing Humana Merger December 12, 2016 Aetna Inc.’s chief executive denied on Friday that its withdrawal from some Obamacare exchanges was in retaliation for government efforts...
NAIC Taps Former Pennsylvania Commissioner, Transamerica Exec Consedine as CEO December 12, 2016 Ten months after its last chief executive officer departed, the national organization of state insurance regulators has named former Pennsylvania...
Crawford Buys Majority Stake in ‘Uber-Like’ Field Inspection Firm WeGoLook December 12, 2016 Global claims management firm Crawford & Co. has acquired a majority interest in WeGoLook, an online and mobile inspection firm...