December 5, 2019
Takata Corp., the auto-parts supplier that went bankrupt after its air bags spurred the largest-ever recall, told U.S. safety regulators that another 1.4 million U.S. vehicles need to be repaired over a potentially deadly defect. Inflator devices Takata supplied to …
December 5, 2019
Burns & Wilcox has named John Woods vice president, national practice group leader, transportation. He will be based in Scottsdale, Ariz. Woods focuses on establishing and growing the national transportation practice group, while supporting and offering strategic direction for associates …
December 5, 2019
Local governments in regions hard hit by the U.S. opioid epidemic have opted out of massive litigation taking aim at the drug industry over the crisis, potentially weakening a novel legal mechanism created to help settle thousands of lawsuits. Overall, …
December 5, 2019
Ping An Insurance’s OneConnect Financial Technology launched a U.S. initial public offering (IPO) of up to $504 million on Tuesday, reducing both its target offering size and valuation. The unit of China’s biggest insurer by market value, Ping An Insurance …
December 5, 2019
A complaint filed Tuesday accused Google of terminating staff in retaliation for activism about working conditions, the latest in a series of such allegations against the internet giant. The filing, which involves Google Ads staff, was filed with the National …
December 5, 2019
EPIC Insurance Brokers & Consultants and Prime Risk Partners Inc. have officially joined forces. The transaction previously announced on October 15 has closed. Prime Risk Partners will bring insurance professionals dedicated to providing tailored coverage to help their clients manage …
December 4, 2019
United Valley Insurance Services Inc. has added Lawrence Potter Insurance Agency in San Diego, Calif., as a member. Larry Potter, Managing Principal, is the sole proprietor owner of the retail agency. The agency focuses on janitorial, general contractors, lessors risk, …
December 4, 2019
Saudi Aramco is looking to buy insurance against war and terror attacks after a damaging drone and missile attack on some of its oil facilities in September, two sources told Reuters. Aramco, the world’s largest oil company, has been looking …
December 4, 2019
RLI Transportation, a division of RLI Insurance Co., is now offerings digital accident kits for customers to report accidents. In addition to traditional accident kits, RLI Transportation insured drivers can now report an accident with any internet-compatible device. Customers can …
December 4, 2019
Chubb today announced the appointment of Louise Joyce as head of Industry Practices for the United Kingdom and Ireland. In this role, Joyce will have overall responsibility for the performance of Chubb’s Industry Practices, which comprise Life Sciences, Technology, Entertainment, …