INSURANCE NEWS

People Moves: Cowbell Names CNA’s Bilbao as UK Director of Underwriting; Allianz Commercial Promotes Execs in Iberia, Latin America

This edition of International People Moves details appointments at Cowbell Cyber and Allianz Commercial. A summary of these new hires follows here. Cowbell Names CNA’s Bilbao as UK Director of Underwriting Cowbell, the Pleasanton, Calif.-based provider of cyber insurance for …
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People Moves: Lockton Adds IP Experts Sandler and Taylor; Byrne Hired at Cowbell as VP Tech E&O Underwriting

Lockton Adds Intellectual Property Experts to Transaction Liability Practice Lockton has hired Jason Sandler and Craig Taylor to its intangible asset and contingent liability practice, a division within its broader transaction liability practice. Gaurav Sud, partner and co-practice leader said: …
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Indiana Food Distributor Agrees to $709K Settlement Over Sex Discrimination Lawsuit

Kenneth O. Lester Company, Inc., doing business as PFG Customized Distribution – Indiana, will pay $709,971 in monetary relief and furnish significant equitable relief to settle a federal sex discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), …
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2 Killed in Severe Storms North of Houston

CONROE, Texas (AP) – Two people were killed and several others were hurt Tuesday afternoon when a home that was under construction collapsed as strong storms hit north of Houston in the Conroe area. A home under construction in the …
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Murdaugh Indicted for Defrauding Clients of Insurance Funds; Accomplice Attorney Pleads

Former South Carolina injury attorney Alex Murdaugh, convicted in March of murdering his wife and son, has been indicted on 22 federal counts of defrauding clients, laundering money, and diverting insurance proceeds into his personal account. Murdaugh set up a …
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Do Not Call: States Sue Telecom Company Over Billions of Robocalls

Attorneys general across the U.S. joined in a lawsuit against a telecommunications company accused of making more than 7.5 billion robocalls to people on the national Do Not Call Registry. The 141-page lawsuit was filed Tuesday in U.S. District Court …
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Mississippi Woman Pleads in Scheme to Steal Ownership of USDA-Mortgaged Homes

A Mississippi woman has pleaded guilty to conspiring to steal houses that were mortgaged by the U.S. Department of Agriculture, federal prosecutors said. Ella Martin, 69, of Jayess, pleaded guilty Thursday before U.S. District Judge David Bramlette in Natchez to …
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Family of Suicidal Black Teen Killed in Nevada Agrees To $2M Settlement

The parents of a suicidal Black teenager who was fatally shot by police in 2020 in Nevada have agreed to a $2 million settlement with the city of Sparks that also includes more crisis intervention and mental health training for …
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Walmart Paying California $500K in Settlement Over Sale of Brass Knuckles

Walmart will pay half a million dollars to settle allegations from California’s Department of Justice that it was selling brass knuckles on its website, state Attorney General Rob Bonta said. Brass knuckles are classified as deadly and illegal weapons in …
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Contractor Settles with Sickened Tenn. Workers Who Cleaned up Coal Ash Spill

Attorneys for a group of workers who believe their jobs cleaning up a massive coal ash spill in Tennessee led to a slew of illnesses, including fatal cancers, have reached a settlement with the contractor who organized the cleanup for …
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Generali Confirms 2024 Targets After Q1 Profits Rise on Strong Non-Life Performance

Italy’s Generali confirmed all its 2024 business plan targets on Thursday after first quarter profits rose on a strong non-life performance which more than offsetting weakness in the insurer’s life business. Generali reported net outflows of 190 million euros ($209 …
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Anti-ESG Campaign Triggers More Defections From Insurer Climate Group

The French reinsurer SCOR SE is quitting the world’s main climate alliance for insurers, the latest in a string of defections as the industry reacts to a campaign by the Republican Party to put an end to coordinated ESG strategies. …
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