August 15, 2018
Rescuers hunted for survivors among towering slabs of wreckage on Wednesday after a bridge collapse that killed 39, as furious government ministers rounded on the viaduct’s operator, saying it should pay fines and compensation and lose its concession. The 50-year-old …
August 15, 2018
A lawsuit settlement has been reached in a New York kayak drowning after the victim’s fiancee served prison time for criminally negligent homicide. The family of Vincent Viafore had filed a wrongful death lawsuit to prevent Angelika Graswald from collecting …
August 15, 2018
The Professional Insurance Agents of New Jersey has named Paul Monacelli as its PIA national director. Monacelli is CEO of ADP/Statewide Insurance Agencies Inc. in Florham Park, N.J. With more than four decades of experience in the insurance industry, Monacelli …
August 15, 2018
New York state on Tuesday sued Purdue Pharma LP, accusing the OxyContin maker of widespread fraud and deception in the marketing of opioids, and contributing to a nationwide epidemic that has killed thousands. The state blamed Purdue for running what …
August 15, 2018
Bayer AG unit Monsanto faces long odds on an appeal blaming an “inflamed” jury and “junk science” for a verdict of $289 million in damages to a man who said the company’s Roundup weed killer caused his cancer, according to …
August 15, 2018
StarStone, the global specialty insurer, has launched a casualty consortium targeted at the Australian and New Zealand markets. The consortium is led by StarStone’s Mark Hunt and has begun underwriting business. StarStone’s Lloyd’s coverholder in Australia – StarStone Underwriting Australia …
August 15, 2018
I wanted to write something this week about some piece of policy minutia. I had about 500 words written when I realized that it wasn’t going to happen. So, I set that aside and gave in to what was really …
August 15, 2018
Capsicum Re, the London-based specialist reinsurance broker, announced two new hires to its cyber division. Jasper Goring joins as a cyber broker and Prab Naidu was appointed as wordings director, both with immediate effect. They are based in London reporting …
August 15, 2018
Cyber criminals hacked the systems of India’s Cosmos Bank and siphoned off nearly 944 million rupees ($13.5 million) through simultaneous withdrawals across 28 countries over the weekend, the bank has told police. The co-operative bank said unidentified hackers stole customer …
August 15, 2018
South Korea’s government will tell owners of some BMW AG cars in the country to keep the vehicles off the roads until the German carmaker completes safety checks to address a defect after reports of nearly 40 cases of fire …