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Philadelphia Jury Awards Three Women $72M Over Prempro Therapy Drug

A Philadelphia jury has awarded three women $72.6 million in compensatory damages over their use of the hormone therapy drug Prempro and more could be coming when punitive damages are determined. The Philadelphia Inquirer reports the Common Pleas Court jury …

3 Small Insurers Placed into Receivership in Missouri

A Barton County, Mo., judge has placed a group of three small insurance companies into receivership, after claims from the Joplin tornado left the group insolvent, the Missouri Department of Insurance reported. Missouri Department of Insurance Director John M. Huff …

Missouri Levee Owners to Get Repair Help from Feds

A northwest Missouri levee that was dropped from a federal repair program shortly before record flooding caused $4 million in damage has been reinstated to the program, landowners who oversee the levee said. Paul Markt, president of the Forest City …

American Safety Enhances Contractors Pollution Liability Package

American Safety Insurance has upgraded its contractors pollution liability package for artisan, trade and general contractors with new forms. The company designed the new forms to be more clear and concise, in addition to adding enhancements. The package now includes …

North Carolina’s Strickland Acquires Carolina Insurance Services

Strickland Insurance Brokers said it has acquired Carolina Insurance Service Inc. Carolina Insurance is a managing general agent that serves agents in North Carolina, South Carolina and Virginia. The company is based in Winston-Salem, North Carolina. The Goldsboro, North Carolina-based …

Insured Losses from Bastrop, Texas, Wildfire Rise to $325M

More than half of the homeowner insurance claims have been settled in the Bastrop (Texas) Complex Wildfire that occurred over the Labor Day weekend. The final tally for insured losses from the wildfire is projected to hit $325 million from …

Risk Strategies Company in Boston Acquires Global Insurance Network

Risk Strategies Company, a brokerage and risk management firm headquartered in Boston, acquired Global Insurance Network, an independent insurance agency in Needham, Mass. As part of the transaction, Global Insurance Network’s co-founder and president Bernard Gitlin will join Risk Strategies …

Haigood to Chair Board of Southwestern Insurance Information Service

Southwestern Insurance Information Service has elected Lyndell Haigood, regional vice president of State Auto Insurance as chairman of the board; David Lacefield, executive vice president, National Lloyds Insurance as vice chairman; and Ron Lawson, vice president-industry affairs, Republic Group as …

Baxter to Lead Hylant Group’s Health Risk Management Unit

Ohio-based Hylant Group has tapped wellness professional Jerid Baxter to lead its growing health and wellness practice. Baxter will be responsible for designing and implementing programming and building the tools and resources that help Hylant Group clients curb rising healthcare …

Alabama Businesses Working on Workplace Safety

It’s not uncommon for Troy Collett to feel like he’s playing a game of dodge cars when he’s making a delivery in downtown Florence, Alabama. “I’ve felt the exhaust off the tailpipes (of the cars) many times,” said Collett, a …

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