INSURANCE NEWS
J&J Effort to Resolve Talc Lawsuits in Bankruptcy Fails a Second Time
A U.S. judge on Friday shot down Johnson & Johnson’s second attempt to resolve tens of thousands of lawsuits over its talc products in bankruptcy, imperiling a proposed $8.9 billion settlement that would stop new lawsuits from being filed. U.S. …
SC Judge OKs $15M Insurance Payout for Store that Sold Beer to Underage Murdaugh
A South Carolina judge A judge has signed off on a $15.5 million settlement for the family of Mallory Beach, the 19-year-old girl who died in a 2019 boat crash that is believed to have set in motion the downfall …
Ways to Mitigate Mobile Home Wind Damage Often Ignored, Even as Deaths Rise
Rolling Fork, Mississippi (AP) — Many were not just killed at home. They were killed by their homes. Angela Eason had visited Brenda Odoms’ tidy mobile home before. It was a place where Odoms, who had many tragedies in her …
Pelicans’ Zion Williamson and Family Sued for $1.8M by Tech Company
NEW ORLEANS (AP) – New Orleans Pelicans star Zion Williamson, his stepfather and his mother allegedly have failed to pay back $1.8 million of a $2 million loan from a California-based technology company. In a civil lawsuit filed this week …
Three Butler University Soccer Players File Federal Lawsuit Alleging Abuse by Ex-Trainer
INDIANAPOLIS (AP) – Three Butler University women’s soccer players filed a federal lawsuit Wednesday alleging the team’s former athletic trainer sexually assaulted and groomed multiple players on the team. Michael Howell allegedly committed the assaults and other sexual misconduct over …
Nassar Survivors Sue Michigan State, Alleging Made Secret Decisions About Releasing Documents
EAST LANSING, Mich. (AP) – Women who were sexually assaulted by former Michigan State University sports doctor Larry Nassar filed a lawsuit Thursday saying school officials made “secret decisions” about releasing documents in the case. The group of survivors and …
US Lawmakers Turn to Louisiana for Experience on Climate Change Impacts to Infrastructure
BATON ROUGE, La. (AP) – This summer – as blistering heat waves scorched the Southwest, wildfire smoke from Canada choked much of North America, a drought in the central U.S. devastated soybean and corn crops, and storms flooded parts of …
Norfolk Southern Says Cost of Ohio Derailment Doubles to $803M
OMAHA, Neb. (AP) – The costs associated with Norfolk Southern`s fiery February derailment in Ohio have more than doubled to $803 million as the railroad works to clean up the mess and moves forward with all the related lawsuits. Norfolk …
People Moves: Everest Insurance Int’l Taps Brionne and Benson From Chubb, Promotes Mah; SiriusPoint Hires TMK’s Kattan as Global Head of Ceded Reinsurance
This edition of International People Moves details appointments at Everest Insurance International and SiriusPoint. A summary of these new hires follows here. Everest Insurance Int’l Taps Chubb’s Brionne, Benson, Promotes Mah Everest Insurance International, an insurance division of Everest Group …
Florida’s Universal Profits Are Up as Carrier Sheds Policies, Feels Impact of Reforms
Efforts by Universal Insurance Holdings, the publicly traded parent company of one of Florida’s largest property and casualty insurers, to shed policies, spread risk and raise rates appears to have paid off so far in 2023. And recent legislative changes …
Markets/Coverages: QBE North America, Converge Launch New Cyber Program
QBE North America and new managing general agency, Converge, teamed up to launch a cyber insurance program, which will be broken down into two separate distribution structures, each with a distinct revenue focus and cyber security data access formation. ConvergeElements …
Mother Punched While She Held Her Baby Sues Los Angeles Sheriff`s Department
A woman who was punched in the face by a deputy as she held her baby sued the Los Angeles County Sheriff`s Department, alleging excessive force and wrongful arrest. Yeayo Russell filed a federal lawsuit last week against the department …