December 6, 2019
Saxe Doernberger & Vita P.C. (SDV) has hired Associate Brian J. Clifford to its Northeast office. Clifford has almost a decade of experience in litigation, including insurance coverage, from depositions and discovery through mediations, trials and appeals. He has represented …
December 6, 2019
A judge who dismissed Walgreens as a defendant in Delaware’s lawsuit against the drug industry over the opioid crisis has denied the government’s request to certify an appeal to Delaware’s Supreme Court. Wednesday’s ruling follows the judge’s denial in September …
December 6, 2019
Massachusetts prosecutors asked a judge to sentence a drain company owner to seven to 10 years in prison for his involvement in the collapse and flooding of a trench that killed two workers. Atlantic Drain Service owner Kevin Lee Otto, …
December 6, 2019
AmTrust Financial Services has promoted Adam Karkowsky to the role of president of AmTrust, reporting to Barry Zyskind, chairman and chief executive officer. The company said Karkowsky will continue to also serve in the role of chief financial officer of …
December 6, 2019
Bayer AG agreed to postpone two upcoming U.S. trials involving its Roundup weedkiller to allow time for mediation talks on a possible settlement with plaintiffs. The German agriculture giant agreed to delay two trials that were set to begin in …
December 6, 2019
A survey of 41 major corporations by broker Willis Towers Watson found that 61% believe political risk levels increased in 2019 while 68% have actually suffered a political risk loss. Disruption of international trade was considered the most significant risk …
December 6, 2019
Centricus, the U.K. investment firm that helped SoftBank Group Corp. raise its $100 billion Vision Fund, is entering the insurance industry by forming a joint venture with former Goldman Sachs Group Inc. partner Chris Milner. The new venture with Milner’s …
December 6, 2019
Pirates boarded a fully loaded supertanker off the coast of Nigeria, an act that is sure to ring alarm bells for insurers about the risk of collecting oil from Africa’s biggest producer. Nineteen crew were kidnapped and remain missing, a …
December 6, 2019
Gallagher, the Rolling Meadows, Ill.-based insurance broker, has named Dave Partington as CEO of its Canadian retail property/casualty brokerage operations, where he will lead the strategy and culture for continued growth across the country. Partington joined Gallagher in 2012, initially …
December 6, 2019
Swiss Re announced an agreement to sell its U.K. life subsidiary ReAssure Group plc to Phoenix Group Holdings plc. As part of the agreement, which values ReAssure at £3.25 billion ($4.3 billion), Swiss Re will receive a cash payment of …