INSURANCE NEWS

Tampa Police Investigating if Former NFL Player Received Unprescribed Drugs in Hospital

Tampa police are investigating after family members of former NFL wide receiver Mike Williams said someone may have slipped him unprescribed opioid medication while he was in the hospital after a construction accident. A Tampa Bay Times report also gives …
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JPMorgan Settles Epstein Lawsuit With US Virgin Islands for $75 Million

JPMorgan Chase reached settlements with the U.S. Virgin Islands (USVI) and former executive Jes Staley to resolve lawsuits over sex trafficking by the disgraced financier Jeffrey Epstein, largely resolving a scandal that has weighed on the largest U.S. bank for …
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Cough Syrup Deaths Overseas Prompt US Crackdown on Toxic Testing

The U.S. FDA is cracking down on lax testing practices by dozens of makers of healthcare products following hundreds of deaths overseas from contaminated cough syrups, a Reuters review of regulatory alerts found. The Food and Drug Administration has reprimanded …
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Residents Prepare to Return to Sites Of Homes Demolished In Lahaina Wildfire

From just outside the burn zone in Lahaina, Jes Claydon can see the ruins of the rental home where she lived for 13 years and raised three children. Little remains recognizable beyond the jars of sea glass that stood outside …
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Six Killed When Train Strikes SUV at Unguarded Florida Rail Crossing

PLANT CITY, Fla. (AP) — Three adults, two teens and a child from an extended family died after their SUV was struck by a freight train at an unguarded crossing in central Florida, authorities said. Another adult remained hospitalized with …
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Student Sues Alabama Fraternity over Alleged Brain Injury from Hazing

TUSCALOOSA, Ala. (AP) — A student and his parents have filed a lawsuit against a University of Alabama fraternity, saying he suffered a traumatic brain injury while being hazed as a fraternity pledge earlier this year. The lawsuit filed last …
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James River Sells Individual Risk Workers Comp Renewal Rights to Amynta Group

James River Group Holdings Ltd. said some of its subsidiaries have entered into an agreement to sell the renewal rights to their Individual Risk Workers Compensation (IRWC) business to Amynta Group. The transaction includes the full operations of the business, …
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Automakers Delay Complying with Massachusetts Data Repair Law

An auto industry group said on Friday carmakers do not plan to immediately comply with a Massachusetts law requiring them to share vehicle data with independent repair shops citing concerns about potential hacking. The National Highway Traffic Safety Administration (NHTSA) …
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Antarctica’s Shrinking Sea Ice Hits Record Low, Alarming Scientists

At its largest expanse this year, sea ice covered less than 17 million square kilometers (6.6 million square miles) of the Antarctic — an area that is 1 million square kilometers (almost 400,000 square miles) smaller than the previous record …
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People Moves: Arch Insurance (Bermuda) Promotes Smith to MD After Hay Retires; Aon Taps Nichols From Aeolus as Global Reinsurance Clients Leader in Bermuda

This edition of International People Moves details appointments at Arch Insurance and Aon. A summary of these new hires follows here. Arch Insurance (Bermuda) Promotes Smith to MD after Hay Retires Arch Insurance (Bermuda) announced the appointment of Matthew Smith …
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Three-Quarters of Firms Globally Are Not Ready for New ESG Rules: KPMG Report

Three-quarters of companies globally are not ready to have their environmental, social and governance (ESG) data audited externally months before new regulations kick in, according to a new report from KPMG published on Tuesday. Stricter European Union, U.S. and global …
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Apple Supplier Pegatron to Halt Assembly at India Plant for Second Day After Fire

Apple supplier Pegatron has told its factory workers not to report for work on Tuesday, halting the assembly of iPhones for a second straight day at its south India factory where a fire broke out on Sunday, three sources told …
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