September 17, 2024
Sports-betting platform DraftKings Inc. has been using names and images of Major League Baseball players without permission and in violation of Pennsylvania law, their union alleged in a lawsuit. Boston-based DraftKings and another popular betting site – Bet365 – are …
September 17, 2024
An Oregon judge has overturned a $260 million verdict against Johnson & Johnson in a lawsuit brought by a woman who said she got mesothelioma, a deadly cancer linked to asbestos exposure, from inhaling the company’s talc powder, the company …
September 17, 2024
Two former chiefs of the New York City Fire Department (FDNY) have been charged with bribery and corruption for allegedly expediting access to fire safety inspections for preferred customers in exchange for payments. Anthony Saccavino and Brian Cordasco were indicted …
September 17, 2024
A property management firm’s excess insurers are not obligated to defend it in multi-district price-fixing litigation involving use of the real estate software RealPage. A federal district judge in Massachusetts found that the terms of Windsor Property Management Co.’s primary …
September 17, 2024
Testimony has begun in a civil trial against a Virginia hospital that treats vulnerable children, its owner and its former medical director in a lawsuit filed by three former patients who allege they were touched inappropriately during physical exams. The …
September 17, 2024
The driver charged with killing NHL hockey player Johnny Gaudreau and his brother Matthew as they bicycled on a rural road had a blood-alcohol level of .087, above the .08 legal limit in New Jersey, a prosecutor said Friday. Gaudreau, …
September 17, 2024
Aspire General Insurance hired Sam Rea as its chief technology officer. Rea has more than 20 years of experience leading IT organizations in the insurance industry. Before joining Aspire, Rea was CTO for the Peak6 InsurTech portfolio of companies for …
September 16, 2024
California Insurance Commissioner Ricardo Lara has identified areas in the vicinity of the several ongoing large wildfires in the state that will be protected by a one-year moratorium on homeowners insurance non-renewal or cancellation due to wildfire risk. Lara’s action …
September 16, 2024
Losses from Hurricane Francine are expected to be manageable for property/casualty insurers, with major population centers sparred from the worst of the storm’s damage. Privately insured loss from Hurricane Francine are estimated to be close to $1.5 billion, catastrophe modeler …
September 16, 2024
Todd Jackson, owner and partner of McGowan Insurance Group, has been named chairman of the Independent Insurance Agents & Brokers of America (the Big “I”). Jackson was installed as the 2024-2025 chairman of the industry group at its fall conference …