No one threatened to sue Avis Rent a Car after Roynetta McDavid’s little sister borrowed her rental car without permission and smashed it into another vehicle. But a claims handler for the company paid three people who were hurt in …
ST. PAUL, Minn. (AP) – Minnesota health officials have urged workers at the Federal Ammunition company plant in Anoka to get their children tested for lead exposure after four kids with family members who work there were found to have …
Economic losses for the Feb. 6, 2023 earthquakes in Turkey will likely exceed US$20 billion, while insured losses will likely be more than US$1 billion, according to Extreme Event Solutions at Verisk (formerly AIR Worldwide). These estimates are based on …
Johnson & Johnson’s subsidiary shouldering talc-related lawsuits goes before a bankruptcy judge on Tuesday for the first time since a U.S. appeals court last month nixed the company’s attempt to offload the litigation into Chapter 11 proceedings. A three-judge panel …
This edition of International People Moves details appointments at Allianz Global Corporate & Specialty (AGCS), Willis Towers Watson (WTW), and Lloyd’s insurer IQUW. A summary of these new hire follows here. AGCS Creates Delegated Authority, Portfolio & Facilities Team, Led …
A West Virginia water utility is enhancing its water treatment process as a precaution following the derailment of a train hauling chemicals that later sent up a toxic plume in Ohio. West Virginia American Water said Sunday that it’s also …
Lawmakers in West Virginia’s House of Delegates on Friday greenlit an investment of $105 million in taxpayer dollars to support a Bill Gates-backed company that is building a renewable energy battery plant in the state’s Northern Panhandle. The bill now …
BMS, the London-based independent specialty re/insurance broker, announced that BMS Iberia has signed a deal to acquire Seguros Viafina (Viafina), the Spanish specialty insurance and reinsurance broker. The acquisition is set to complete in February 2023, with BMS acquiring Viafina …
Apollo, the London-based independent specialist insurer and reinsurer, is providing capacity to Moonrock Drone Insurance, designed to provide coverage for larger commercial drone operations, meeting an increased demand in the market. Moonrock was founded in 2016 by Simon Ritterband, who …
OpenEyes, an insurtech serving commercial automotive fleets, today emerged from stealth with $18 million in Series A funding led by global software investor Insight Partners and Pitango First, with participation by MoreVC, which led the seed round together with Pitango …