News

Sixth Tornado of the Year Confirmed in Pennsylvania

Weather officials say a tornado touched down in western Pennsylvania, but no injuries were reported. The National Weather Service office in Pittsburgh says Tuesday’s EF-1 tornado was confirmed in Jefferson County just south of Brockway packing winds of 85 to …

Wilson Elser Hires Sharp in New Jersey

Wilson Elser has hired James Sharp as of counsel in its New Jersey office. Sharp’s practice focus is professional liability and insurance defense with a particular emphasis on health care. He most frequently represents hospitals and health care facilities, physicians, …

Kaplansky Insurance Acquires Massachusetts’ Lit-Flynn Insurance Agency

Kaplansky Insurance, an independent, locally owned agency in the Northeast, has acquired Lit-Flynn Insurance Agency in Randolph, Mass. Lit-Flynn Insurance Agency offers coverage on individual and personal insurance policies. The addition of the agency marks Kaplansky Insurance’s 30th overall acquisition …

New York Health Officials Investigating Illnesses Linked to McDonald’s Outlet

New York state health officials said on Thursday they were investigating reports of multiple illnesses potentially associated with a McDonald’s Corp restaurant in Jamestown, N.Y. The state health department and the Chautauqua County Health Department said 22 individuals reported symptoms …

Big Insurers Still Taking a Pass on Marijuana Profits

Marijuana is already a multibillion-dollar business in the U.S. that’s drawing attention from some lawmakers eager for tax revenue and investors looking for profits. So far, however, some of the biggest insurers are taking a pass. Allianz SE, Hartford Financial …

South Korea Braces for Typhoon Soulik, While Typhoon Cimarron Aims at Japan

An approaching typhoon has whipped up strong winds, waves and heavy rain in southern South Korea, leaving one person missing and one injured, while another typhoon headed for western Japan on Thursday. Typhoon Soulik is forecast to make landfall at …

AFL Insurance Brokers Appoints Gagg from Towergate Insurance as CFO

Independent Lloyd’s broker AFL Insurance Brokers Ltd. (AFL) has appointed Chris Gagg as chief financial officer and a member of the AFL board of directors, effective Sept. 1. Most recently group head of Treasury at Towergate Insurance (the Ardonaugh Group), …

Bayer’s Monsanto Faces 8,000 U.S. Lawsuits on Glyphosate-Based Weedkillers

The number of U.S. lawsuits brought against Bayer’s newly acquired Monsanto has jumped to about 8,000, as the German drugmaker braces for years of legal wrangling over alleged cancer risks of glyphosate-based weedkillers. Bayer had previously disclosed 5,200 such lawsuits …

Swiss Re Names Higginbotham as CEO Reinsurance EMEA, Succeeding Henchoz

Swiss Re announced that Russell Higginbotham has been appointed CEO Reinsurance EMEA and regional president EMEA and member of the group executive committee, effective Sept. 1, 2018. Higginbotham succeeds Jean-Jacques Henchoz, who has decided to leave Swiss Re to become …

Genoa Bridge Was Crumbling onto Homes Below for Many Years Before Disaster

People living under the Italian bridge that collapsed last week with the loss of 43 lives had known for years it was crumbling: pieces kept falling on their homes and cars. A month earlier, residents met officials in charge of …

News Archives by Month