National News

People Moves: Reinert, Murray to Anchor Everest’s Dedicated Private Equity Practice; Krupczak to Lead US Energy Property at Liberty Mutual

Liberty Mutual Insurance Appoints John Krupczak to Lead Property for US Energy Liberty Mutual Insurance announced the appointment of John Krupczak to the role of head of US Energy (Property), effective immediately. Part of the Liberty Specialty Markets (LSM) business …

NCCI President and CEO Donnell to Retire Early Next Year

The National Council on Compensation Insurance (NCCI) said President and Chief Executive Officer Bill Donnell plans to retire in February 2025 after about 10 years with the organization. “It’s been such a privilege to lead this organization and this amazing …

Fate of Most Remaining Zantac Lawsuits Weighed by Delaware Judge

GSK, Pfizer and other pharmaceutical companies are urging a judge in Delaware this week to find that evidence plaintiffs’ lawyers want to use in about 72,000 lawsuits claiming that the discontinued heartburn drug Zantac caused cancer is not supported by …

Study: Manmade Warming Increasing Drought in Western U.S.

Manmade warming has increased the prevalence and severity of concurrent drought and heat events, also termed hot droughts, across Western North America in the 20th-21st century, a new report shows. The authors of the report developed the Western North American …

Google Settles AI-Related Chip Patent Lawsuit That Sought $1.67B

Google on Wednesday reached a settlement in a patent infringement lawsuit over chips that power the company’s artificial-intelligence technology, according to a filing in Massachusetts federal court. The settlement comes the same day that closing arguments were scheduled to begin …

Ford Recalls 2.24M Ford Explorer SUVs Over Trim-Retention Clips

Ford Motor said Wednesday it was recalling 2.24 million older Explorer sport utility vehicles worldwide because trim retention clips may not be properly engaged. The recall includes 1.89 million SUVs in the United States and covers 2011 through 2019 model …

Specialty Market ‘Particularly Attractive’; Reason to Pause Elsewhere: Berkley CEO

W.R. Berkley CEO W. Robert Berkley, Jr. said he’s still got eyes on the specialty market, but maintains a cautious, more disciplined outlook on some lines of business, such as professional liability—especially public D&O. “The specialty market in general continues …

Brown, Yale, Columbia Among Latest to Settle Financial-Aid Lawsuit

Brown, Yale and Columbia universities have agreed to pay a combined $62 million to resolve a lawsuit that accused them and others of favoring wealthy applicants, pushing total settlements in the case to $118 million. Lawyers for a proposed class …

People Moves: Coalition Nabs AIG’s Jones as Head of Global Claims

Robert Jones has joined Coalition as the head of global claims. He will step into the role Feb. 5. Jones previously spent 32 years at AIG where he most recently served as the executive vice president of financial lines, specialty …

Fox Can Challenge Smartmatic’s $2.7 Billion Defamation Claim Over 2020 Election

Fox Corp. can proceed with its claims that Smartmatic Corp.’s $2.7 billion defamation lawsuit wildly exaggerates the financial harm it suffered from broadcasts falsely accusing it of rigging the 2020 US election, a New York judge ruled. Rejecting the voting …

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