September 16, 2019
A jury has awarded three plaintiffs injured in a 2017 Amtrak derailment outside DuPont, Wash. a total of $16.75 million in damages, Luvera Law Firm said in a statement. The plaintiffs, Dale Skyllingstad, Blaine Wilmotte and Madison Wilmotte, are the …
September 16, 2019
California Gov. Gavin Newsom plans to veto a bill approved by the Democrat-controlled legislature that sought to preserve federal environmental and worker safety standards in the face of any Trump administration rollbacks. Under SB 1, if federal officials weaken certain …
September 16, 2019
Alliant Insurance Services has formed a new brokerage service vertical, Alliant Mergers & Acquisitions. Falling under the Alliant Specialty retail umbrella, Alliant Mergers & Acquisitions will provide expertise to private equity firms and alternative asset investors to ensure transactions are …
September 16, 2019
Sentinel Marine Underwriters (SMU), a specialty managing general agency that is part of AmWINS Underwriting and is dedicated to providing cargo-in-transit and cargo stock-throughput insurance for a variety of insureds in the global manufacturing, wholesale and retail trade industries, has …
September 16, 2019
Insurtech Zeguro has launched its platform designed to help small and midsize companies manage cyber threats in multiple ways. The San Francisco-based managing general agency describes itself as an “end-to-end cyber safety platform and insurance provider.” Its new platform includes …
September 16, 2019
The family that owns OxyContin maker Purdue Pharma used Swiss and other hidden accounts to transfer $1 billion to themselves, New York’s attorney general contends in court papers filed Friday. New York – asking a judge to enforce subpoenas of …
September 16, 2019
Three U.S. senators on Thursday said Amazon.com Inc should stop working with delivery contractors that violate labor laws by imposing unfair conditions on drivers delivering packages for the e-commerce company. The senators, in a letter to Chief Executive Officer Jeff …
September 16, 2019
OxyContin maker Purdue Pharma LP filed for bankruptcy protection Sunday night, succumbing to pressure from more than 2,600 lawsuits alleging the company helped fuel the deadly U.S. opioid epidemic. Purdue’s board met Sunday evening to approve the long-expected bankruptcy filing, …
September 16, 2019
Insurers of a fire-damaged Philadelphia refinery have indicated they would make a $50 million initial advance payment in connection with a June blaze that led to the plant’s closure, court documents showed. The infusion of funds would buy cash-strapped Philadelphia …
September 16, 2019
AkinovA, the independent electronic marketplace for the transfer and trading of re/insurance risk, has donated key insurance linked security (ILS) data assets to ACORD, the global standards-setting body for the re/insurance industry,. The donated assets include data definitions and collection …