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NCCI Names Fick New Board Chairman, Elects Other Board Members

The National Council on Compensation Insurance has elected Brandon Fick as its new board chairman, replacing Lisa Corless. Fick is chief underwriting officer for Liberty Mutual Global Risk Solutions, North America. He was elected at the NCCI annual meeting in …

J&J, Cancer Victims Ordered to Start Mediation in Bankruptcy

A federal judge ordered a new round of settlement talks between Johnson & Johnson and lawyers who spurned the company’s offer to pay $8.9 billion to end tens of thousands of cancer claims filed by people who used the company’s …

Altria Agrees to $235 Million Settlement to Resolve Juul-Related Cases

Altria Group Inc said Wednesday that it will pay $235 million to settle at least 6,000 lawsuits accusing it of fueling a teen vaping epidemic through its former investment in e-cigarette maker Juul Labs Inc. The deal ends nearly all …

East, Southern Europe Win as Firms Rethink Supply Chains

Low-cost economies in eastern and southern Europe are being increasingly favored for investment as companies around the world revamp supply chains to make them more resilient and cost-efficient, a study by professional services group EY found. The finding came as …

Could Wearables Capture Well-Being?

Applying machine learning models, a type of artificial intelligence (AI), to data collected passively from wearable devices can identify a patient’s degree of resilience and well-being, according to investigators at the Icahn School of Medicine at Mount Sinai in New …

Flood Requirements, Condo Inspection Rules Revised in Fla. Bills Sent to Governor

When a bill passed at a December special session of the Florida Legislature required all Citizens Property Insurance policyholders to buy flood insurance, many owners in high-rise condominiums were outraged. Already facing soaring premiums on HO-6 policies, now they were …

Abuse Victims Prepared to Sue Baltimore Archdiocese Under New Law

After Maryland lawmakers recently eliminated the statute of limitations for child sex abuse lawsuits amid heightened scrutiny of the Archdiocese of Baltimore, civil rights attorney Ben Crump announced plans Tuesday to bring a series of civil claims on behalf of …

Massachusetts Lawmakers Consider Limiting Zip Code Weight in Auto Rates

Massachusetts lawmakers are considering a measure that would curtail the use of geographical location in the rating of private passenger auto insurance, a factor that critics say now penalizes urban and minority drivers. But the insurance industry says zip codes …

Ex-Tesla Worker Seeks Third Trial in California Race Case After $3.2M Award

A Black former Tesla Inc TSLA.O factory worker has accused the electric automaker’s lawyers of “egregious misconduct” after a jury awarded him $3.2 million in a race bias case, and asked for a third trial so he can seek more …

3 Companies Fined for Millions of Fake Comments to FCC Opposing Net Neutrality

New York officials reported they have secured $615,000 from three companies that supplied millions of fake public comments to influence a 2017 proceeding by the Federal Communications Commission (FCC) to repeal net neutrality rules. New York Attorney General Letitia James …

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