A growing number of cities and states want to turn climate change lawsuits against oil companies into the next tobacco or opioid litigation. In principle, that seems like a truly terrible idea. Such lawsuits will likely do even less to …
Ascot is launching a Management Liability and Financial Institutions group, led by Ryan Becker as executive vice president. The new group will offer a wide range of admitted and non-admitted, primary and excess directors & officers (D&O) and financial institutions …
The San Francisco startup that invented the groundbreaking Juul e-cigarette had a central goal during its development: captivating users with the first hit. The company had concluded that consumers had largely rejected earlier e-cigarettes, former employees told Reuters, because the …
McDonald’s Corp. has been working hard to fend off accusations it overlooks workplace harassment and abuse. So when it came to light that its chief executive officer was in a relationship with a colleague, the board had little room to …
Vaping might not be the gateway to teen smoking that many had feared, according to a study. Using e-cigarettes doesn’t raise the likelihood a teenager would smoke, according to a study by U.S. researchers. Smoking can be entirely attributable to …
Charter Communications Inc. unit Time Warner Cable must pay $140 million in damages for infringing five Sprint Corp telecommunications patents after the U.S. Supreme Court on Monday refused to hear Time Warner’s appeal in the case. The justices declined to …
Argo Group International Holdings Ltd., the Bermuda-based re/insurer, announced formation of a new reporting structure led by newly appointed executive vice presidents, who will report to Kevin Rehnberg, president, group chief administrative officer and head of the Americas for Argo. …
BMS Group, the London-based specialist re/insurance broker, announced the appointment of Jeff Irvan as chief property officer, U.S. reinsurance, reporting to BMS U.S. Reinsurance President Pete Chandler. The appointment is effective immediately. Irvan is the latest in a series of …
Berkshire Hathaway Inc. said its quarterly operating profit rose more than analysts expected, as growth in several business lines offset the drag from trade tensions and tariffs and billionaire Warren Buffett’s inability to deploy the conglomerate’s cash. Berkshire benefited as …
RLI has formed a partnership with Gridiron Insurance Underwriters to offer RLI’s excess liability binding authority insurance through Easy Excess, Gridiron’s dedicated online wholesale excess liability portal. The Easy Excess platform allows appointed producers to quote, bind and issue excess …
