Insurance News from April 29, 2022
National News
Purdue Pharma Squares Off With DOJ Over $6 Billion OxyContin Deal
A $6 billion deal hangs in the balance as OxyContin maker Purdue Pharma LP and its...
Is AXIS Selling Its Reinsurance Business? Some Say: Where There’s Smoke, There’s Fire
Musk Loses Bid to End SEC Agreement on Oversight of Tesla Tweets
Berkshire Investors Nudge for Better Governance, Social Issues as Meeting Looms
Markets/Coverages: QBE N.A. Starts Specialty Casualty; Ryan Specialty, Harleysville Team Up; Coalition, Vantage Capacity Partners; Joyn Expands Offerings
International & Reinsurance News
Is AXIS Selling Its Reinsurance Business? Some Say: Where There’s Smoke, There’s Fire
AXIS Capital Holding's chief executive officer would not comment on reports that the...
Generali’s CEO Survives Leadership Challenge, but Rebels Take Board Seats
Russia May Be Forced to Cannibalize Half Its Planes for Spare Parts: Kommersant
SEC Sues Brazilian Miner Vale Over ‘False and Misleading’ Claims About Safety of Dams
EasyJet Cancels Leases on Russia-Owned Jets in Rare Sanctions Anomaly
East News
TPA’s Quick Denials of First Responders’ Workers’ Comp Claims Draw Penalty
A workers' compensation insurer must pay $100,000 under an agreement with Vermont state...
West News
Takeaways from Our Conversation on Cannabis D&O
Directors and officers insurance is pricey and difficult to obtain in most business...
Southeast News
North Carolina AG Sues Contractor for Deceptive AOB Work after Hurricane
North Carolina Attorney General Josh Stein has filed suit against an Illinois...
Texas / South Central News
Louisiana Insurers Have Paid or Reserved $12.1B on Ida Claims
Louisiana Insurance Commissioner announced insurers have paid or reserved $12.1 billion...
Midwest News
Probe Finds Race Discrimination by Minneapolis Police
The Minneapolis Police Department has engaged in a pattern of race discrimination for...