Darmin Memisevic has been promoted to senior vice president – chief architect of Gallagher Bassett. Memisevic will shape and build Gallagher Bassett’s infrastructure and solutions working to provide better client and claimant experiences. Memisevic joined Gallagher Bassett in 2015 as …
An insurance fraud scheme involving a bear costume, luxury vehicles and falsified damage claims has ended in convictions for three Los Angeles area residents. A California Department of Insurance investigation began after an insurance company suspected fraud after insureds claimed …
Property/casualty insurance giant Travelers reported a jump in first-quarter profit, buoyed by robust underwriting gains and lower catastrophe losses than a year earlier when results were severely hit by the Los Angeles wildfires. Shares of the company, whose earnings often …
Two recent court decisions have addressed the issue of subrogation rights of insurance companies against upstream or downstream vendors that experience a data security breach: Axis Insurance Company v. Barracuda Networks, Inc. and Travelers Casualty and Surety Company. of America …
A Delaware judge threw out lawsuits seeking to link the heartburn drug Zantac to cancer, freeing makers of the product from facing trials in the state over the cases. Superior Court Judge Francis “Pete” Jones concluded Monday lawyers for ex-Zantac …
A group of almost 300 petitioners filed a class-action suit against BP Plc and Kenyan authorities seeking compensation for environmental damage caused by disposal of toxic waste at oil-exploration sites in the northern fields of the East Africa nation. They …
The Nord Stream gas pipelines were attacked in 2022 as a direct result of Russia’s invasion of Ukraine, insurers told a London court on Thursday as they seek to avoid paying out nearly 580 million euros ($684 million) over blasts …
The medical officer for the Texas summer camp where 27 girls were killed in a flood last year testified Tuesday she still has not officially reported the deaths to the state health agency that regulates camps and is reviewing its …
A new study has found that 1.2 million buildings at risk of flooding in England currently aren’t included in any of the country’s flood defenses. The research, provided by mapping service Ordnance Survey and Snowflake, an AI data cloud company, …
Rimkus named Matthew Cass to a newly established chief transformation officer role, which the firm says is designed to strengthen its enterprise platform. Cass’ responsibilities include leading the firm’s information technology function, overseeing enterprise resource planning implementation and advancing process …