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18 09, 2020

Judge OKs $440K Settlement in South Dakota Forced Catheterization Suit

By | September 18th, 2020|Uncategorized|Comments Off on Judge OKs $440K Settlement in South Dakota Forced Catheterization Suit

A federal judge has approved legal settlements totaling $440,000 for people in South Dakota who were subjected to forced catheterizations to check for drug use. U.S. District Judge Roberto Lange ruled in April that police who used forced catheterizations violated …

18 09, 2020

Kansas City Tenants Awarded $52M in Suit Over ‘Horrendous’ Living Conditions

By | September 18th, 2020|Uncategorized|Comments Off on Kansas City Tenants Awarded $52M in Suit Over ‘Horrendous’ Living Conditions

Tenants who sued over “horrendous” living conditions at a Kansas City low-income housing development have been awarded $52 million in damages. Jackson County Judge Joel Fehestock found in favor of the tenants, who sued KM-T.E.H. Realty 8 and Michael Fein …

18 09, 2020

Louisiana Insurance Agents Get C&D Orders for Alleged Misappropriated Premiums

By | September 18th, 2020|Uncategorized|Comments Off on Louisiana Insurance Agents Get C&D Orders for Alleged Misappropriated Premiums

Two St. Martin Parish, Louisiana, insurance producers have been hit with Cease and Desist Orders and fines for allegedly misappropriating premium funds, Louisiana Department of Insurance (LDI) reported. The department said Tasey Ann Tolliver-Alexander is alleged to have misappropriated insurance …

18 09, 2020

Gallagher Bassett Transportation Creates Major Case Unit for Claims

By | September 18th, 2020|Uncategorized|Comments Off on Gallagher Bassett Transportation Creates Major Case Unit for Claims

Gallagher Bassett Services Inc. (GB), based in Rolling Meadows, Ill., has launched the GB Transportation Major Case Unit (MCU), a claims handling center that focuses solely on clients’ most severe, complex and high exposure claims. Transportation Practice Senior Vice President …

18 09, 2020

Insurance Development Forum Launches Insurance Program for Peruvian Schools

By | September 18th, 2020|Uncategorized|Comments Off on Insurance Development Forum Launches Insurance Program for Peruvian Schools

The Insurance Development Forum (IDF), a public-private partnership led by the insurance industry and supported by international organizations, announced the launch of an insurance program for Peru’s public schools. The program is the result of a grant agreement between Germany’s …

18 09, 2020

Paskin Named CEO of Convex Re, Bermuda; Butt Named CEO of Convex Insurance UK

By | September 18th, 2020|Uncategorized|Comments Off on Paskin Named CEO of Convex Re, Bermuda; Butt Named CEO of Convex Insurance UK

Convex Group Ltd., the specialty insurer and reinsurer, announce that Matt Paskin has been appointed as CEO of Convex Re Ltd. (Bermuda) and Theo Butt has been appointed as CEO of Convex Insurance UK Ltd. (London). These appointments are subject …

18 09, 2020

Former Bank of England Chief Carney Joins Advisory Board of Allianz’ PIMCO

By | September 18th, 2020|Uncategorized|Comments Off on Former Bank of England Chief Carney Joins Advisory Board of Allianz’ PIMCO

Former Bank of England Governor Mark Carney will join the advisory board of PIMCO, one of the world’s biggest bond investment companies, adding to his existing roles with the United Nations and a Canadian asset manager. Carney will work alongside …

18 09, 2020

Beazley Restructures U.S. Executive Risk Leadership Team

By | September 18th, 2020|Uncategorized|Comments Off on Beazley Restructures U.S. Executive Risk Leadership Team

Beazley has restructured its Executive Risk leadership structure in the United States, which aims to support greater knowledge sharing and collaboration within the global executive risk teams and will focus on developing innovative insurance solutions that tackle the board-level risks …

17 09, 2020

Soccer Star Messi Scores Trademark Victory Over Massi in EU Court

By | September 17th, 2020|Uncategorized|Comments Off on Soccer Star Messi Scores Trademark Victory Over Massi in EU Court

Barcelona and Argentina captain Lionel Messi has won a legal battle over trademark rights relating to his own logo after the European Union’s top court on Thursday dismissed an appeal against the player from a Spanish cycling clothing brand. The …

17 09, 2020

Blackstone Joins Brit’s Parent Fairfax in Investing in Lloyd’s Digital Venture Ki

By | September 17th, 2020|Uncategorized|Comments Off on Blackstone Joins Brit’s Parent Fairfax in Investing in Lloyd’s Digital Venture Ki

Digital Lloyd’s syndicate KI reported that it has raised US$500 million from funds managed by Blackstone Tactical Opportunities and Fairfax Financial Holdings, parent of specialty insurer Brit that is behind Ki. Ki said the capital commitment will fund its expansion …