Police in Rochester, New York, are investigating a string of fatal shootings that came just hours after Mayor Lovely Warren declared a local state of emergency to combat rising gun violence. The recent killings, including three within a 12-hour period, …
Three tornadoes that hit Rhode Island and southeast Connecticut this weekend were the first since at least 1950 to strike the area in November, the National Weather Service said Sunday. The service confirmed the three tornadoes touched down Saturday evening. …
This edition of International People Moves details appointments at Willis Towers Watson; Ryan Specialty’s MGU, EmergIn Risk; and Gallagher Re. A summary of these new hires follows here. WTW Names Aon’s Wegbrans as Global Head of Broking Insurance broker Willis …
SINGAPORE – More than a dozen shipowners have made payments of about $300,000 apiece to release vessels detained by the Indonesian navy, which said they were anchored illegally in Indonesian waters near Singapore, according to sources with direct knowledge of …
Markel Corp. announced it is winding down Lodgepine Capital Management Ltd., its retrocessional insurance linked securities (ILS) fund manager, based in Bermuda. Markel launched Lodgepine in 2019, with product offerings focused on property catastrophe retrocessional investments. In 2021, Lodgepine wrote …
The Missouri Department of Commerce and Insurance is recommending a 7.7 percent decrease in workers’ compensation insurance loss costs for 2022. This marks the largest overall decrease since 2009. “Recommended loss costs are decreasing significantly for 2022, due to the …
New Orleans resident Raynard Sanders can detail the many ways Black businesses and culture thrived under the canopy of oak trees along Claiborne Avenue: the Black insurance companies, the corner lot home to the Black musicians union, the church that …
Hedge funds, private equity and sovereign wealth funds are piling billions into the outcome of high stakes court cases at a faster rate than ever before. Litigation finance — the practice of paying legal fees up front with a promise …
Lawyers for pharmacy chains including CVS and Walgreens on Monday argued they were not to blame for the U.S. opioid epidemic, as jurors prepared to consider whether to hold them responsible for the devastation the drug crisis caused in two …
Washington state’s attorney general on Monday argued in court that three large drug distributors’ excessive shipments of pain pills helped fuel the U.S. opioid epidemic, calling it the “worst man-made public health crisis in history,” as the state sought to …
