Considering two principal questions in an insurance dispute between Texas homeowners and their insurance carrier, the U.S. Court of Appeals for the Fifth Circuit handed each party a win and a loss. The dispute in Randel v. Travelers Lloyds of …
The judge overseeing Purdue Pharma’s bankruptcy said on Monday that some members of the Sackler family who own the OxyContin maker face a “substantial risk” of liability and could be on the hook for “huge amounts of money” over claims …
At least six U.S. states, including Georgia, have decided they will not fully sign on to a proposed $26 billion settlement with three drug distributors and Johnson & Johnson, which have been accused of fueling the nation’s opioid epidemic, according …
At least 22 people were killed and rescue crews searched desperately amid shattered homes and tangled debris for dozens of people still missing after record-breaking rain sent floodwaters surging through Middle Tennessee. Saturday’s flooding in rural areas took out roads, …
Alliant Insurance Services has acquired Northern California-based ASURA Risk in San Ramon, Calif. Kevin Kilty, principal with ASURA Risk, along with fellow principals Greg Miller and Jon Wheeler, and the entire ASURA team, will join Alliant and continue servicing clients …
The U.S. drug regulator on Monday granted full approval to the Pfizer Inc/BioNTech SE COVID-19 vaccine, making it the first to secure such Food and Drug Administration validation as health authorities struggle to win over vaccine skeptics during a relentless …
This edition of International People Moves details reinsurance-related appointments at two brokers: Aon Reinsurance Solutions and TigerRisk as well as MGA Nexus and AXIS Re. A summary of these new hires follows here. Aon Transforms Reinsurance Solutions Team with 6 …
Local prosecutors have reached a $2 million settlement with a New Orleans man who spent 23 years in prison before being cleared on charges including rape and manslaughter. “I welcome this measure of justice after so many years,” Robert Jones, …
A judge Friday struck down a California ballot measure that exempted Uber and other app-based ride-hailing and delivery services from a state law requiring drivers to be classified as employees eligible for benefits and job protections. Alameda County Superior Court …
Applied Underwriters anticipates completing the acquisition of Alaska Timber Insurance Exchange as soon as the fourth quarter of 2021 as ATIE concludes its conversion from a reciprocal to a stock insurance company having received regulatory approval this past week. An …
