April 5, 2023
Nearly 43,000 people died in U.S. traffic crashes in 2021, the highest number in 16 years with deaths due to speeding and impaired or distracted driving on the rise. The 2021 final numbers, released Monday by the National Highway Traffic …
April 5, 2023
Johnson & Johnson has agreed to pay $8.9 billion to settle tens of thousands of lawsuits alleging that talc in its iconic Baby Powder and other products caused cancer, the company said. The amount dwarfs J&J’s original offer of $2 …
April 5, 2023
Media giant Time Inc. has been denied insurance to help cover its $4.98 million settlement of two class actions that accused the publisher of misleading consumers about automatic renewals of magazine subscriptions. The U.S. District Court in Manhattan has granted …
April 5, 2023
A lawsuit against the University of Delaware over its campus shutdown and halting of in-person classes because of coronavirus can proceed as a class action on behalf of thousands of students who were enrolled and paid tuition in spring 2020, …
April 4, 2023
Amwins Access launched its new Excess Wildfire Product, which is intended to complement a self-insured retention plan or the California FAIR plan or a similar plan. The product is written in partnership with PartnerRe Insurance Solutions Bermuda Ltd., which is …
April 4, 2023
For the third time in five months, federal safety inspectors responded to a Portsmouth, Ohio hardwood flooring mill to investigate reports of unsafe machinery. Two of those inspections involved worker’s injuries, the latest on Oct. 5, 2022, when a worker’s …
April 4, 2023
One General Agency (OGA) of Oklahoma City announced that it has acquired Jaeger + Haines, Inc., a wholesale broker in Fayetteville, Arkansas. Since 1976, Jaeger + Haines has served agents across Arkansas, Missouri, Oklahoma, and Tennessee, writing excess and surplus …
April 4, 2023
Tanabe to Succeed Ruser as WCRI CEO The Workers Compensation Research Institute (WCRI) has named Executive Vice President Ramona Tanabe as CEO as of May 1. She succeeds John Ruser, who has served in the position since 2015 and will …
April 4, 2023
National specialty insurance broker Risk Strategies has acquired May, Bonee & Clark Insurance, a Connecticut-based business and personal insurance, employee benefits and risk management firm. The firm also offers securities and investment advisory services. Formed through the merger of May, …
April 4, 2023
DOXA Insurance Holdings, an Indiana firm, has expanded its stable of distribution companies with the recent acquisition of Georgia-based Preferred Aviation Underwriters, a managing general agent. PAU, headquartered in Duluth, Georgia, was founded in 2005 by pilots and industry veterans …