INSURANCE NEWS
Case Dismissed: Appeals Court Slams Expert Witness in Diabetes Drug Lawsuits
Multi-district litigation over the diabetes drug saxagliptin, a case that combined more than 80 suits from around the country, has failed because the plaintiffs’ sole expert witness was unreliable and did not show a causal link between the medication and …
Disneyland’s Mickey Mouse And Cinderella Performers May Unionize
Workers who help bring Disneyland’s beloved characters to life — including Mickey Mouse, Donald Duck and Cinderella — are looking to unionize. Labor organizers announced the campaign, saying performers want better safety conditions and scheduling policies to help them keep …
People Moves: Liberty Names Donatini and Collins VPs, Gootrad Business Development Specialist
The Liberty Company Insurance Brokers named Rick Donatini and Tim Collins to vice president positions and Jules Gootrad as a business development specialist. Donatini joined the firm as vice president, employee benefits. Donatini has more than 30 years of industry …
How Worker Won Workers’ Compensation for Mental Health Care After Car Crash Injury
A Virginia employer cannot assert that an injury is unrelated to a workplace accident while also arguing that the medical care for that injury is unauthorized; instead the employer must choose one or the other position, the Virginia Workers’ Compensation …
Lingering Inflation Risks Keep Fed Officials in Wait-and-See Mode on Rate Cuts
The Federal Reserve entered 2024 within spitting distance of its inflation goal. But that’s not quite close enough for policymakers. The risk that inflation could remain stuck above their 2% target is guiding Fed officials’ preference to keep interest rates …
People Moves: Ardonagh Specialty Taps Gallagher Re’s Rance as Head of Specialty at Inver Re London; SiriusPoint Bolsters Energy and Marine Offering With 2 Key Hires
This edition of International People Moves details appointments at Ardonagh Specialty’s Inver Re and Bermuda-based SiriusPoint. A summary of these new hires follows here. Ardonagh Specialty Taps Gallagher Re’s Rance as Head of Specialty at Inver Re London Inver Re, …
People Moves: Hysell Joins Alliant Insurance Services’ Texas Benefits Team
Alliant Insurance Services, headquartered in Irvine, California, named Gary Hysell as vice president within its employee benefits group. Based in Austin, Texas, Hysell joins Alliant with over 25 years of industry experience. Before joining Alliant, Hysell was area vice president …
Minneapolis Settles Suit Alleging Journalists Were Harassed, Hurt Covering Floyd Protests
The city of Minneapolis agreed last week to pay $950,000 to settle a lawsuit alleging that journalists were subjected to police harassment and even hurt while covering protests over the police killings of George Floyd. The suit, brought by the …
Sompo International Authorized to Write Primary Insurance in France
Sompo International announced it has been granted a license to write primary insurance in France by the French Prudential Supervision and Resolution Authority (ACPR), further extending the company’s commercial property/casualty insurance capabilities and product offerings in Continental Europe. “The granting …
Summer-Like Conditions Lead to First Wisconsin Tornadoes in February
EVANSVILLE, Wis. (AP) — The first tornadoes ever recorded in Wisconsin in the usually frigid month of February tore through mostly rural areas on a day that broke records for warmth, setting up the perfect scenario for the type of …
Police Investigate Motive Behind Shooting at Joel Osteen’s Megachurch
Several law enforcement agencies are actively investigating the motives behind a Sunday shooting at pastor Joel Osteen’s Lakewood Church in Houston, which has one of the nation’s largest congregations. The shooter, a woman who police identified as 36-year-old Genesse Ivonne …
Hawaiian Electric Restores Power After Rolling Outages Due to Loss of Generators
Utility firm Hawaiian Electric HE.Nrestored power on Hawaii Island after it had begun rolling outages on Tuesday due to the unavailability and reduced output from several large generators. “No more rolling outages tonight, power has been restored to all customers …