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11 Dead After Storms Sweep Southern U.S., Midwest

Severe storms sweeping across southern portions of the U.S. and up into the Midwest were blamed Saturday in the deaths of at least 11 people, including two first responders, as high winds, tornadoes and unrelenting rain battered large swaths of …

Trump Administration Issues New Rule on Joint Employer Liability

The Trump Administration announced a final rule setting forth standards for determining joint employer status under the Fair Labor Standards Act (FLSA), a rule that has been sought by franchisers and companies that employ contract workers. The new rule from …

Lawsuit Accuses Police in New Mexico of Wrongful Death

A lawsuit accuses Albuquerque police of wrongfully killing a pipe-wielding man during a 2018 encounter in a home after officers found him hiding in a closet. The lawsuit filed last week by 24-year-old Daniel Saavedra’s sister says police should have …

Colorado Couple Will Get $50K After Dog Housing Lawsuit

The U.S. attorney’s office has ordered a Colorado homeowner’s association to pay $50,000 to a couple after they violated the Fair Housing Act by failing to allow a woman to stay in the complex with her emotional support dog. A …

7 Confirmed Tornadoes in Phoenix Metro Area Last Year

The National Weather Service reports there were seven confirmed tornadoes in Arizona’s Maricopa and Pinal counties last year, the most in nearly five decades. Meteorologists say last year’s total is second only to the 10 confirmed tornadoes that hit the …

Liberty Mutual Re Appoints Burke as VP, Director of Assumed Reinsurance

Liberty Mutual Re (LM Re), part of Liberty Mutual Insurance, has appointed Susan E. Burke as vice president and director of Assumed Reinsurance in its Casualty Treaty department. She will be based in LM Re’s office in Stamford, Conn. Reporting …

New York Won’t Appeal Its Defeat in Exxon Climate Trial

New York won’t appeal a ruling by a judge who rejected the state’s claim that Exxon Mobil Corp. misled investors for years about the oil giant’s internal planning for risks associated with climate change. New York Attorney General Letitia James, …

MS Amlin Launches Specialist Equine MGA, David Ashby Underwriting

MS Amlin, the London-based re/insurer, announced the launch of David Ashby Underwriting Ltd (DAU), a specialist equine MGA. MS Amlin will serve as lead underwriter for the MGA and provide 50% of capacity for DAU through a joint venture with …

AXA XL Completes Merger of XL Insurance Co. with AXA Corporate Solutions, AXA ART

AXA XL announced it has successfully merged AXA Corporate Solutions (ACS) and AXA ART into XL Insurance Co. SE (XLICSE). The merger, which was approved by the relevant regulatory authorities including the Central Bank of Ireland and the Irish High …

Arthur J. Gallagher & Co. Takes 100% Stake in Capsicum Reinsurance Brokers

Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it increased its stake in Capsicum Reinsurance Brokers from 33% to 100%, effective Jan. 1, 2020. Financial details of the transaction were not disclosed. Founded in December 2013 by …

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