French insurer AXA said on Thursday it will invest 1.5 billion euros ($1.74 billion) to support sustainable forest management as part of new commitments to fight deforestation and preserve biodiversity. The announcement comes a day after more than 100 countries …
For the sixth time in seven years, a federal workplace inspection has found a Roselle, Illinois, construction contractor putting workers at risk of serious injury or death by defying federal requirements to ensure the use of fall protection. On April …
Johnson & Johnson on Thursday put into bankruptcy tens of thousands of legal claims alleging its Baby Powder and other talc-based products caused cancer, offloading the potential liabilities into a newly created subsidiary. J&J put the talc claims into an …
The National Association of Manufacturers (NAM), a business group, sued the U.S. securities regulator on Wednesday for refusing to enforce a Trump-era rule reining-in companies that advise investors on how to vote in corporate elections. Last year, the Securities and …
The California FAIR Plan Association (FAIR Plan) says it will appeal a ruling by the Los Angeles Superior Court the association believes will lead to unnecessary rate increases for all FAIR Plan policyholders and unnecessarily expand the role of the …
Four months after the collapse of a 12-story South Florida condominium building left 98 people dead, a Florida Bar task force has recommended major changes in how condo associations operate, including a requirement to maintain larger cash reserves for repairs …
A veteran agency insurtech advocate has launched an online directory for property/casualty insurance agents to categorize, compare and connect them with technology companies that support the agency distribution channel. In addition to the directory, InsurancePlayground.com includes the ability to rate …
Three more appeals in assignment-of-benefits cases have gone in favor of Florida property insurers. Florida’s 3rd and 4th District Courts of Appeal handed down opinions Wednesday that upheld lower courts and found that three carriers do not owe payment to …
Skyward Specialty Insurance Group is broadening its professional and management liability offerings for the U.S. legal cannabis market by adding cannabis-related risk to multiple coverage classes. The company’s directors & officers (D&O) and errors & omissions (E&O) coverages will now …
Federal workplace safety officials say a Bloomingdale, Illinois, nursing facility failed to protect employees and temporary staff from possible coronavirus hazards a year after an employee died of the disease. OSHA initiated a follow-up inspection at West Suburban Nursing and …
