INSURANCE NEWS
AmTrust Purchases DUAL North America’s Middle Market Management Liability Practice
AmTrust Financial Services Inc. announced it has acquired the middle market management liability business of DUAL North America, which includes its underwriting team and renewal rights to the portfolio. As part of the transaction, seven DUAL professionals will join AmTrust’s …
Bankrupt Mexican Airline Interjet Ordered to Pay $7M in Class Action Lawsuit
Mexican airline Interjet, which was declared bankrupt by a judge in August, has been ordered to pay out 144 million pesos ($7.23 million) to thousands of clients in a class action lawsuit, the country’s consumer protection office said Friday. The …
L’Oreal’s Hair Straighteners Caused Woman’s Uterine Cancer, Lawsuit Claims
L’Oreal SA has been sued by a Missouri woman who alleges she developed uterine cancer as a result of using the French cosmetic company’s hair-straightening products. The lawsuit, filed Friday in federal court in Chicago, came days after a study …
U.S. Official Sees More Aggressive Cybersecurity Threats in Asia
Secretary of Homeland Security Alejandro Mayorkas said the US has observed growing cybersecurity threats both at home and throughout Asia, and is warning against activity coming from Russia, China, North Korea and Iran. “Malicious activity from the PRC is a …
Boeing Crashes: Passengers’ Families Deemed Crime Victims
A federal judge ruled Friday that relatives of people killed in the crashes of two Boeing 737 Max planes are crime victims under federal law and should have been told about private negotiations over a settlement that spared Boeing from …
Chubb: People Are Using Multifactor Authentication to Log In…With a Pet Password
According to a poll by Chubb of adults in the U.S. and Canada, a little more than half said they use multifactor authentication to log into online accounts, which is twice the number of people from a survey a year …
Sentence Upheld for Tenn. Trial Lawyer Who Said Football Brain Injuries Led to Misdeeds
A Memphis plaintiffs’ attorney who made his living suing auto insurance carriers must spend two-and-a-half years behind bars for forging clients’ names on multiple settlement checks and depositing them into his own bank accounts, a federal appeals court has decided. …
Louisiana’s Donelon Traveling to London to Meet With Lloyd’s
The Louisiana Department of Insurance (LDI) announced Commissioner Jim Donelon is traveling to London this week to meet with leaders from Lloyd’s of London (Lloyd’s) and the International Underwriting Association of London (IUA). During the meetings, Commissioner Donelon will provide …
South Dakota Pot Legalization Effort Facing Resistance
SIOUX FALLS, S.D. (AP) – When it comes to marijuana, South Dakota has been a leader among its Great Plains neighbors: one of the first to legalize recreational use, the first to approve both medical and recreational forms on the …
People Moves: MS Amlin Appoints TMK’s Evans as Senior Underwriter, Marine Reinsurance; WTW Global Aerospace Heath Names PIIQ’s Heath to Lead Aerospace
MS Amlin Appoints TMK’s Evans as Senior Underwriter, Marine Reinsurance MS Amlin Underwriting Ltd., the Lloyd’s market re/insurer, announced the appointment of Paul Evans as senior underwriter Marine Reinsurance. Evans will take up the role on Nov. 1 and will …
Wisconsin Apartment Fire Kills 7
Seven people died in an apartment fire early Friday, Oct. 21 in the southern Wisconsin village of Hartland, the police chief said. “This is an active criminal investigation by the Hartland Police Department,” police Chief Torin Misko said at a …
Court Revives Louisiana Wetlands Damage Suit Against Big Oil
NEW ORLEANS (AP) – A federal appeals court has ordered a nine-year-old lawsuit filed against oil and gas companies over damage to Louisiana’s wetlands to be returned to state court for trial, potentially clearing the way for at least 41 …