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CREST Insurance Group in Arizona Names Perrin COO

CREST Insurance Group LLC of Arizona has named Heather Perrin chief operations officer. Perrin will reside at the company headquarters located in Tucson, Ariz., and will oversee operations at the Arizona branches located in Scottsdale, Flagstaff, and Sierra Vista as …

California Judge Sets Date for Next Next Monsanto Cancer Trial

A California judge has granted an expedited trial in the case of a California couple suffering from cancer who sued Bayer AG’s Monsanto unit, alleging the company’s glyphosate-containing weed killer Roundup caused their disease. The order by Superior Court Judge …

New York Clinic Owner, Doctor, Attorney Arrested for Insurance Fraud Scheme

The owner, doctor and attorney involved with a medical clinic in Brooklyn, N.Y., have been charged for their alleged participation in a $1 million auto insurance fraud scheme. New York State Attorney General Barbara D. Underwood announced a 61-count indictment …

Liberty Mutual Restructures Distribution for Commercial & Specialty Products

Liberty Mutual has introduced a new distribution model for the U.S. in an effort to improve broker access to the insurer’s full suite of commercial and specialty insurance products. Shaun Kelly, president Global Risk Solutions Distribution, said in a statement …

Deutsche Bank, BofA, JPM Drawn into Danske Money Laundering Probe: Sources

Deutsche Bank AG and Bank of America Corp. have been contacted by U.S. criminal investigators for information about transactions they handled for a small bank branch in Estonia that’s at the center of one of the biggest money-laundering investigations in …

Parts of Northern New England Hit with Heavy, Wet Snow

More than 6 inches of heavy, wet snow fell in parts of northern New England on Tuesday in one of the first significant snowfalls of the season. Caledonia and Essex counties in northeastern Vermont reported 4 inches to 7.5 inches, …

New South Carolina Jury Fails to Reach Verdict in Talc Cancer Case Retrial

A second South Carolina jury on Thursday failed to reach a verdict in the retrial of a case by a woman whose family said her long-term use of Johnson & Johnson’s baby powder led to her death from asbestos-related cancer. …

Massachusetts Lawmakers Set Hearings on Natural Gas Disaster

The Massachusetts Senate has scheduled two oversight hearings next month on issues stemming from the September natural gas explosions and fires in three communities. Senate leaders say the first hearing, planned for Dec. 4 in Boston, will examine the overall …

Boeing Defends 737 Safety as First U.S. Lawsuit Filed Over Lion Air Crash

Boeing Co. has been sued in what may be the first U.S. claim tied to the crash of Lion Air Flight 610, which dove into the Java Sea after taking off from Jakarta Oct. 29. Irianto, the father of Dr. …

Tokio Marine’s Sale of Reinsurance Units to Boost Operational Efficiency: Fitch

Tokio Marine Holdings Inc.’s (TMHD) sale of two European reinsurance subsidiaries is likely to streamline its holdings and boost operational efficiency in the group’s underwriting businesses, Fitch Ratings said. RenaissanceRe Holdings is buying Tokio Millennium Re AG (TMR) and Tokio …

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