July 13, 2015
PartnerRe Ltd., seeking to fend off a hostile $6.8 billion cash bid from EXOR SpA, is weighing whether it can arrange new terms with rival reinsurer AXIS Capital Holdings Ltd. to preserve their planned merger. The two Bermuda-based insurers postponed …
July 13, 2015
Coverage Now Available in 48 States, Including California. Scottsdale, AZ, July 13 2015 — Nautilus Insurance, a W. R. Berkley Company®, has announced the enhancement of its General Liability product offering for Contractors, while also expanding product availability to all …
July 13, 2015
A lawyer says he has filed a lawsuit on behalf of residents who were evacuated when a CSX train car carrying hazardous material derailed and caught fire in East Tennessee on July 1. Maryville attorney Kevin Shepherd said July 10 …
July 13, 2015
The Florida Office of Insurance Regulation (FLOIR) approved the removal of up to 80,000 personal residential policies and 1,050 commercial residential polices from Citizens Property Insurance Corp. (Citizens) by the following three companies: Heritage Property & Casualty Insurance Co. – …
July 13, 2015
Blue Bell Creameries said July 8 that it plans to test production runs at its Alabama plant as the company inches toward putting its ice cream back on grocery store shelves. Blue Bell notified Alabama health officials and the U.S. …
July 13, 2015
South Carolina’s highest court further reduced the penalty against a Johnson & Johnson subsidiary accused of deceptive marketing of an anti-psychotic drug. The decision was to substitute the same verdict the court reached in February in order to correct a …
July 12, 2015
A former student of a Malvern college wants the state of Arkansas to pay her $75,000 in damages after she said she broke two fingers during a classroom game of musical chairs. Robin Earnest of Saline County said she and …
July 12, 2015
Calling the scheme “horrific,” a judge sentenced a Detroit-area cancer doctor to 45 years in prison for collecting millions from insurance companies while poisoning more than 500 patients through needless treatments that wrecked their health. U.S. District Judge Paul Borman …
July 12, 2015
JLT Specialty Insurance Services Inc. (JLT Specialty USA), a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), appointed Robert “Bennie” Benvenuto as executive vice president and member of the U.S. Executive Committee. He is based in Chicago. Benvenuto will …
July 12, 2015
The Texas Department of Insurance is accepting applications for the Texas Windstorm Insurance Association board of directors after the makeup of the board was changed by the 84th Legislature. Under Senate Bill 900, the board will include: Three board members …