Industry News

Insurance Journal

Poll: Climate Change Concerns Grow, but Few Believe Biden’s Climate Law Will Help

Apr 23, 2024 A poll from the Associated Press-NORC Center for Public Affairs Research shows 45% of U.S. adults say they have become more concerned about...

Chubb to Acquire MGA Healthy Paws From Aon

Apr 23, 2024 Chubb said it is acquiring managing general agent Healthy Paws from Aon plc. Whitehouse Station, New Jersey-based Chubb has been the exclusive underwriter of Healthy Paws’ pet...

Investment Funds File New Suits Over Lighthouse Insurance Collapse in 2022

Apr 23, 2024 Three investment firms connected to some of the best-known names on Wall Street have upped the ante in a legal dispute over now-insolvent Lighthouse...

BNSF Says It Didn’t Know About Asbestos That’s Killed Hundreds in Montana Town

Apr 23, 2024 BNSF Railway attorneys told a Montana jury that the railroad should not be held liable for the lung cancer deaths of two former residents of an asbestos...

Claims Journal

Japanese Doctors Demand Damages from Google Over “Groundless” Reviews

Apr 23, 2024 A group of Japanese doctors has filed a civil lawsuit against U.S. search giant Google, demanding damages for what they claim are unpoliced derogatory and often...

Walgreens to Pay $110M to End Philadelphia Opioid Litigation

Apr 23, 2024 The city of Philadelphia has reached a $110 million settlement of its 2021 lawsuit against Walgreens pharmacy for the company’s role in supplying and perpetuating...

EPA Designates PFAS Chemicals as Superfund Hazardous Substances

Apr 23, 2024 The U.S. Environmental Protection Agency on Friday designated a pair of widely used industrial chemicals as hazardous substances under the country’s Superfund...

Iowa Governor Signs Measure to Increase Compensation for Boy Scouts Abuse Victims

Apr 23, 2024 Iowa men who were victims of child sexual molestation while they were in the Boy Scouts of America could get higher legal compensation under a...

Best's Reviews

Fundamental Global CEO: Subsidiary Sale Will Boost Reinsurance Capital

Apr 22, 2024 Fundamental Global Inc. is redeploying capital into businesses including FG Reinsurance following the sale of subsidiary Digital Ignition and...

New York Attorney General Files Motion Opposing Knight Specialty $175 Million Surety in Trump Case

Apr 22, 2024 Former President Donald Trump and Knight Specialty Insurance Co. failed to justify the carrier's ability to back a...

Applied Underwriters' United Risk Names Awbury, RenRe Exec as CFO

Apr 22, 2024 Dan Malloy, chief executive officer, United Risk, a division of Applied Underwriters, has announced the appointment of Jay Cahill to the post...

New Jersey Earthquake a Reminder of Seismic Risk

Apr 22, 2024 After a 4.8 magnitude earthquake hit New Jersey on April 5, there was an uptick in interest about earthquake insurance among some Garden State residents. “NJM has...