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28 07, 2023

Michael Jackson’s Employees Were Not Legally Obligated to Prevent Sex Abuse, Lawyer Argues in Court

By | July 28th, 2023|Uncategorized|Comments Off on Michael Jackson’s Employees Were Not Legally Obligated to Prevent Sex Abuse, Lawyer Argues in Court

Workers for corporations owned by Michael Jackson had no legal obligation to protect children from the pop star, an attorney told an appeals court. Jackson estate lawyer Jonathan Steinsapir pushed back against a tentative decision by California’s 2nd District Court …

31 07, 2023

CNA Financial Misses Profit Estimates on Higher P/C Catastrophe Losses

By | July 31st, 2023|Uncategorized|Comments Off on CNA Financial Misses Profit Estimates on Higher P/C Catastrophe Losses

Insurer CNA Financial missed second-quarter profit estimates on Monday, as wider catastrophe losses in its property and casualty (P&C) segment partially offset higher investment income. Profits at insurers came under pressure from a rise in catastrophe-related claims due to severe …

28 07, 2023

Mother Punched While She Held Her Baby Sues Los Angeles Sheriff`s Department

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A woman who was punched in the face by a deputy as she held her baby sued the Los Angeles County Sheriff`s Department, alleging excessive force and wrongful arrest. Yeayo Russell filed a federal lawsuit last week against the department …

31 07, 2023

Judge Allows Parents’ Lawsuit Over Hospital’s Fetal Autopsy

By | July 31st, 2023|Uncategorized|Comments Off on Judge Allows Parents’ Lawsuit Over Hospital’s Fetal Autopsy

A judge has refused to dismiss a lawsuit alleging that a Delaware hospital system performed an autopsy on a 16-week-old fetus despite the parents refusing to give their consent. Superior Court Judge Patricia Winston denied a motion this week by …

28 07, 2023

Markets/Coverages: QBE North America, Converge Launch New Cyber Program

By | July 28th, 2023|Uncategorized|Comments Off on Markets/Coverages: QBE North America, Converge Launch New Cyber Program

QBE North America and new managing general agency, Converge, teamed up to launch a cyber insurance program, which will be broken down into two separate distribution structures, each with a distinct revenue focus and cyber security data access formation. ConvergeElements …

31 07, 2023

Judge Dismisses Lawsuit in Death of New Mexico Officer

By | July 31st, 2023|Uncategorized|Comments Off on Judge Dismisses Lawsuit in Death of New Mexico Officer

A federal judge dismissed a lawsuit alleging the Department of Homeland Security was negligent in a drug bust that resulted in the first New Mexico State Police officer killed in the line of duty in over three decades. U.S. District …

28 07, 2023

Florida’s Universal Profits Are Up as Carrier Sheds Policies, Feels Impact of Reforms

By | July 28th, 2023|Uncategorized|Comments Off on Florida’s Universal Profits Are Up as Carrier Sheds Policies, Feels Impact of Reforms

Efforts by Universal Insurance Holdings, the publicly traded parent company of one of Florida’s largest property and casualty insurers, to shed policies, spread risk and raise rates appears to have paid off so far in 2023. And recent legislative changes …

31 07, 2023

Winds Challenge Firefighters Battling Two California Blazes

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A massive wildfire burning out of control in California’s Mojave National Preserve was spreading rapidly amid erratic winds, while firefighters reported progress against another major blaze to the southwest that prompted evacuations. The York Fire that erupted Friday near the …

28 07, 2023

People Moves: Everest Insurance Int’l Taps Brionne and Benson From Chubb, Promotes Mah; SiriusPoint Hires TMK’s Kattan as Global Head of Ceded Reinsurance

By | July 28th, 2023|Uncategorized|Comments Off on People Moves: Everest Insurance Int’l Taps Brionne and Benson From Chubb, Promotes Mah; SiriusPoint Hires TMK’s Kattan as Global Head of Ceded Reinsurance

This edition of International People Moves details appointments at Everest Insurance International and SiriusPoint. A summary of these new hires follows here. Everest Insurance Int’l Taps Chubb’s Brionne, Benson, Promotes Mah Everest Insurance International, an insurance division of Everest Group …

31 07, 2023

EU Companies Get New ESG Rules Aimed at Addressing Climate Risks

By | July 31st, 2023|Uncategorized|Comments Off on EU Companies Get New ESG Rules Aimed at Addressing Climate Risks

Tens of thousands of companies operating in Europe face new requirements to report their operations’ ESG impacts as the European Union advances a plan to address climate change and environmental degradation through increased transparency and market pressures. The European Commission …