Monthly Archives: <span>August 2016</span>

Truck Hauling Takata Air Bag Inflators to Texas Site Explodes; 1 Killed

A truck transporting Takata Corp air bag inflators and propellants that are at the center of a global recall exploded in Texas earlier this month, resulting in one death and four injuries, the embattled auto parts supplier said. The truck …

Lawyers for Washington Landslide Victims Accuse State of Fraud

Attorneys for victims and family members in the deadly 2014 landslide in Washington state have accused state lawyers of orchestrating a fraud to hide the truth by deleting emails between defense expert witnesses. In a motion filed Tuesday, the attorneys …

Family of Arizona Instructor Killed by Girl with Uzi Sues Gun Range

The family of an Arizona shooting range instructor who was accidentally killed by a 9-year-old girl with an Uzi has sued the business, alleging it should not have allowed a child to use the high-powered weapon. The wrongful-death lawsuit seeks …

Court Sides with California-based Grocer Trader Joe’s in Knockoff Suit

A U.S. court has the authority to hear a trademark lawsuit by grocery chain Trader Joe’s against a man who purchased the company’s products and resold them in Canada at “Pirate Joe’s,” a store designed to mimic a real Trader …

Navigators Appoints New Leadership for Claims Operations

The Navigators Group Inc. has restructured its leadership team for its global claims organization. Glen Bronstein has been promoted to the newly created role of global chief claims officer. Bronstein joined Navigators to lead the U.S. claims organization in May …

Earth Gains Coastal Land Areas as Man-Made Expansion Outpaces Sea Level Rise

The Earth has gained coastal land equivalent to the size of Jamaica in the past 30 years with man-made construction outpacing erosion caused by rising sea levels, mapping data showed on Thursday [Aug. 25]. Expansion of ports off China, construction …

AIG, Chubb, XL Lead in $1 Billion U.S. Cyber Insurance Market: Fitch

About 120 U.S. insurance groups wrote an estimated $1 billion in cyber insurance direct written premiums in 2015, according to Fitch. Fitch aggregated the cybersecurity statutory supplement data for the U.S. property/casualty (P/C) insurance industry and analyzes the cyber insurance …

Integro Expands Reinsurance Presence in Latin America with HRL Alliance

International broker and risk management firm Integro announced an agreement with HR Latinoamerica Ltda. Corredores de Reaseguros (HRL) to serve as HRL’s exclusive London wholesale reinsurance trading partner. The licensing agreement grants HRL Colombia use of the Integro name and …

Judge Grants Uber’s Request to Put New York Price Fixing, Arbitration Lawsuit on Hold

A federal judge on Friday granted a request by Uber Technologies Inc. and its chief executive officer to put a passenger’s price-fixing lawsuit against them on hold, while they appeal his refusal to let them arbitrate the dispute. Calling his …

CNA Hardy Builds Financial Institutions Team with Goodair & Bazell Appointments

CNA Hardy, a London-based specialist commercial insurance provider for clients within the Lloyd’s and company markets, announced the appointment of Alec Goodair as UK financial institutions (FI) manager and Suzannah Bazell as FI underwriter. Reporting to John Taylor, head of …