Takata Corp.’s U.S. unit agreed Thursday to settle a probe by 44 state attorneys general into claims it concealed a deadly safety defect with air bag inflators. TK Holdings Inc., which is in bankruptcy reorganization proceedings, agreed in the settlement …
The Travelers Companies, Inc. has released an enhanced homeowners insurance product with tailored pricing and flexible coverage options called Quantum Home 2.0 (QH2.0). The new product includes “simpler” policy documents designed to help customers better understand their insurance. The new …
The parents of a Florida State University fraternity pledge who died of alcohol poisoning after a party have filed a civil suit against those who have a connection in their son’s death. Thomas and Sandra Coffey are suing Pi Kappa …
Investigators ruled arson was to blame for a fire that started in a Georgia home and rapidly spread throughout a subdivision, destroying five houses and damaging at least 14 others before firefighters could extinguish all the flames. Police arrived quickly …
National wholesale insurance brokerage and managing general agent Worldwide Facilities has added George Vogle to its Atlanta office as a senior vice president specializing in professional liability. Vogle began his career in 1977 with General Reinsurance in Chicago as a …
Now’s the time to get in on the ground floor of the business of insuring drones. That’s according to panel of experts speaking recently in a drone insurance webinar hosted by Insurance Journal. The consensus from the panelists was that …
The Dallas Mavericks have hired outside counsel to investigate allegations of inappropriate conduct by former team president Terdema Ussery in a Sports Illustrated report that described a hostile workplace for women. Ussery was accused of making sexually suggestive remarks to …
HDI Global SE has appointed John Schossler has been appointed assistant vice president, Casualty Construction manager, based in Chicago. Schossler will lead all efforts in the development of this segment by cultivating deeper relationships with producers and accelerating HDI’s market …
Fidelis Group Holdings LLC (FGH), with its subsidiary Continental Underwriters Ltd., has hired Darrin Huck as vice president of its Marine Division. He is based in Houston. Huck serves as a senior underwriter within the group’s Brown Water Hull, Liabilities …
Sandbags were holding back floodwaters in parts of Michigan as a storm system moved across several Midwest and Great Plains states on Wednesday, bringing heavy rain, snow and ice to the region. The weather has already been blamed for hundreds …
