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23 11, 2022

Ardonagh Group to Buy Australian Insurance Investment, Distribution Firm Envest

By | November 23rd, 2022|Uncategorized|Comments Off on Ardonagh Group to Buy Australian Insurance Investment, Distribution Firm Envest

The Ardonagh Group, the London-based independent insurance distribution platform, announced it has agreed to acquire Envest Pty Ltd., an Australian insurance investment and distribution business. Headquartered in Brisbane, Queensland, Envest operates with a diverse portfolio of brands and a national …

4 11, 2022

Viewpoint: Subrogating Against God

By | November 4th, 2022|Uncategorized|Comments Off on Viewpoint: Subrogating Against God

The devastation of Hurricane Ian reminds us that the opportunity for property subrogation success is often disguised as an Act of God. The claims history of most domestic insurance carriers is littered with billion dollar claims as a result of …

23 11, 2022

Is Britain Starting to Have Second Thoughts About Brexit?

By | November 23rd, 2022|Uncategorized|Comments Off on Is Britain Starting to Have Second Thoughts About Brexit?

Even after years of division and vitriol, it seems like Britain still needs to talk about Brexit. More than six years after voting to leave the European Union, the UK is facing a prolonged recession, a deep cost-of-living crisis and …

4 11, 2022

Drug Manufacturer Teva to Pay $523M to New York in Opioid Settlement

By | November 4th, 2022|Uncategorized|Comments Off on Drug Manufacturer Teva to Pay $523M to New York in Opioid Settlement

Teva Pharmaceutical Industries Lts. will pay up to $523 million to New York State as part of a nationwide settlement of lawsuits alleging the company helped fuel the U.S. opioid epidemic. The settlement with New York adds an additional $300 …

23 11, 2022

Widow Asks $55M From NCAA for Football Player’s Death

By | November 23rd, 2022|Uncategorized|Comments Off on Widow Asks $55M From NCAA for Football Player’s Death

Attorneys asked a jury Monday to award $55 million to the widow of a former USC football player, in a landmark case accusing the NCAA of failing to protect him from repetitive head trauma that led to his death. Matthew …

4 11, 2022

Hurricane Ian Wrecked Man-Made Reefs, Brings Algae Bloom to Florida

By | November 4th, 2022|Uncategorized|Comments Off on Hurricane Ian Wrecked Man-Made Reefs, Brings Algae Bloom to Florida

Hurricane Ian not only ravaged southwest Florida on land but was destructive underwater as well. It destroyed man-made reefs and brought along red tide, the harmful algae blooms that kill fish and birds, according to marine researchers who returned last …

23 11, 2022

New York Expects Lifting of Deadline to Bring Wave of Claims by Adult Sex Abuse Survivors

By | November 23rd, 2022|Uncategorized|Comments Off on New York Expects Lifting of Deadline to Bring Wave of Claims by Adult Sex Abuse Survivors

Sexual assault victims in New York will get a one-time opportunity to sue over their abuse starting Thursday, under a new law expected to bring a wave of allegations against prison guards, middle managers, doctors and a few prominent figures …

4 11, 2022

Twitter Sued for Mass Layoffs by Musk Without Enough Notice

By | November 4th, 2022|Uncategorized|Comments Off on Twitter Sued for Mass Layoffs by Musk Without Enough Notice

Twitter Inc. was sued over Elon Musk’s plan to eliminate about 3,700 jobs at the social-media platform, which workers say the company is doing without enough notice in violation of federal and California law. A class-action lawsuit was filed Thursday …

23 11, 2022

Could Recent NotPetya Case Outcomes Pressure Insurers to Reword War Exclusions?

By | November 23rd, 2022|Uncategorized|Comments Off on Could Recent NotPetya Case Outcomes Pressure Insurers to Reword War Exclusions?

With recent news of multinational food and beverage company Mondelez International settling its lawsuit against its insurer Zurich American Insurance Company over the company’s NotPetya claims, conversation has continued around what this could mean for war exclusion language and definitions …

4 11, 2022

AmTrust Acquires Surety MGA CMGIA in California

By | November 4th, 2022|Uncategorized|Comments Off on AmTrust Acquires Surety MGA CMGIA in California

AmTrust Financial Services Inc. acquired Contractor Managing General Insurance Agency Inc. in California. CMGIA will offer surety bonds to small to mid-size contractors across 50 states. The company is led by Stephanie Shear, a surety underwriter with more 40 years …