Apple Inc. could be facing up to $862 million in damages after a U.S. jury on Oct. 13 found the iPhone maker used technology owned by the University of Wisconsin-Madison’s licensing arm without permission in chips found in many of its …
IronHealth, the specialty healthcare unit of Ironshore Inc., has introduced its “LeadingEdge” policy for hospitals and integrated health care systems. IronHealth has developed the policy in response to the ongoing consolidation and evolution of healthcare business models to extend a …
An intersection on U.S. 65 in southeastern Arkansas is getting realigned in an effort to give drivers better sight lines and reduce fatal crashes. An estimated $500,000 and $750,000 will be spent to redevelop the intersection with Arkansas Highway 35, …
This article was published by ProPublica and NPR and is reprinted with permission. Standing before a giant map in his Dallas office, Bill Minick doesn’t seem like anyone’s idea of a bomb thrower. But backed by some of the biggest …
Insurers handling wildfire damage from the Valley and Butte wildfires last month in Northern California has agreed to a claims handling process to help fire victims begin their recovery more quickly, Insurance Commissioner Dave Jones announced on Wednesday. More than …
TowneBank, a Portsmouth, Virginia-based community banking and financial services company, announced that it has acquired three insurance agencies in Virginia: Invincia Insurance Solutions in Chesterfield; Total Insurance Planning in Midlothian; and B.H. Baird Insurance in Warsaw. Terms of the transactions …
Tropical Storm Koppu, which formed Tuesday in the Pacific Ocean, is heading west in a direction that may bring it ashore in the northern Philippines later this week. The system is forecast to continue its track west through Oct. 16 and …
DeCotis Insurance Associates, a specialty and surplus lines wholesaler and managing general agent based in Providence, Rhode Island, with an additional office in Braintree, Massachusetts, announced that Thomas DeCotis has been appointed CEO, succeeding his father, Paul DeCotis, who has …
PartnerRe Ltd. estimates that losses from the August explosion in China’s Port of Tianjin will be between $50 million and $70 million pre-tax and net of retrocession and reinstatement premiums. These losses will be recorded in the company’s third quarter …
Amtrak is getting $275 million of reinsurance protection from the capital markets for its wholly owned captive, covering storm surge, wind and earthquake perils, according to GC Securities. GC Securities, the capital markets arm of reinsurance broker Guy Carpenter, announced …