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23 08, 2021

Tennessee Rescue Search Continues After Historic Flooding

By | August 23rd, 2021|Uncategorized|Comments Off on Tennessee Rescue Search Continues After Historic Flooding

At least 22 people were killed and rescue crews searched desperately amid shattered homes and tangled debris for dozens of people still missing after record-breaking rain sent floodwaters surging through Middle Tennessee. Saturday’s flooding in rural areas took out roads, …

1 09, 2021

Milan’s 20-Story Building Blaze Recalls London’s Grenfell Tower Cladding Questions

By | September 1st, 2021|Uncategorized|Comments Off on Milan’s 20-Story Building Blaze Recalls London’s Grenfell Tower Cladding Questions

Italian firefighters tackled hot spots Monday in a 20-story apartment building in Milan that was destroyed by fire but said there were no indications that anyone was missing inside, as questions arose about the cladding that witnesses said rapidly fueled …

24 08, 2021

6 States Opt Not to Sign $26B Opioid Settlements with Distributors, J&J

By | August 24th, 2021|Uncategorized|Comments Off on 6 States Opt Not to Sign $26B Opioid Settlements with Distributors, J&J

At least six U.S. states, including Georgia, have decided they will not fully sign on to a proposed $26 billion settlement with three drug distributors and Johnson & Johnson, which have been accused of fueling the nation’s opioid epidemic, according …

1 09, 2021

Reinsurer MS Amlin AG Announces Beazley Has Stepped Down as CEO

By | September 1st, 2021|Uncategorized|Comments Off on Reinsurer MS Amlin AG Announces Beazley Has Stepped Down as CEO

MS Amlin AG (MS AAG), the Zurich-based reinsurer, announced that Christopher Beazley has stepped down as chief executive officer as of Aug. 31, 2021. Beazley will pursue opportunities outside of MS Amlin after leading MS AAG as CEO for the …

24 08, 2021

Bankruptcy Judge Says Purdue Pharma’s Sacklers Face ‘Substantial’ Liability Risk

By | August 24th, 2021|Uncategorized|Comments Off on Bankruptcy Judge Says Purdue Pharma’s Sacklers Face ‘Substantial’ Liability Risk

The judge overseeing Purdue Pharma’s bankruptcy said on Monday that some members of the Sackler family who own the OxyContin maker face a “substantial risk” of liability and could be on the hook for “huge amounts of money” over claims …

1 09, 2021

Beazley Out as Reinsurer MS Amlin’s CEO; Successor CEO Selected But Not Named

By | September 1st, 2021|Uncategorized|Comments Off on Beazley Out as Reinsurer MS Amlin’s CEO; Successor CEO Selected But Not Named

Global reinsurer MS Amlin AG announced that Christopher Beazley has stepped down as chief executive officer. According to the announcement, Beazley will “pursue opportunities outside of MS Amlin” after serving as CEO for the past three years. He originally joined …

24 08, 2021

Paying an Appraisal Award Doesn’t Always Bar Prompt Payment Liability: 5th Circuit

By | August 24th, 2021|Uncategorized|Comments Off on Paying an Appraisal Award Doesn’t Always Bar Prompt Payment Liability: 5th Circuit

Considering two principal questions in an insurance dispute between Texas homeowners and their insurance carrier, the U.S. Court of Appeals for the Fifth Circuit handed each party a win and a loss. The dispute in Randel v. Travelers Lloyds of …

1 09, 2021

Ardonagh Advisory Acquires UK Medical Insurance Broker, Usay Group

By | September 1st, 2021|Uncategorized|Comments Off on Ardonagh Advisory Acquires UK Medical Insurance Broker, Usay Group

Ardonagh Advisory Holdings Ltd, a subsidiary of The Ardonagh Group, announced it has acquired Usay Group Ltd., one of the largest consumer personal medical insurance and protection insurance brokers in the UK. Financial terms of the deal were not disclosed. …

20 08, 2021

Climate Activists Plan 2 Weeks of Protest in City of London

By | August 20th, 2021|Uncategorized|Comments Off on Climate Activists Plan 2 Weeks of Protest in City of London

Environmental activists who caused days of traffic chaos in London two years ago said on Wednesday [Aug. 18] they would start a fortnight of action next week focused on the capital’s financial district, which they blame for helping to fuel …

1 09, 2021

California Healthcare Provider Agrees to $90M Fraud Settlement

By | September 1st, 2021|Uncategorized|Comments Off on California Healthcare Provider Agrees to $90M Fraud Settlement

A major California-based medical provider has agreed to pay a total of $90 million to settle allegations of Medicare fraud, officials said Monday. Sacramento-based Sutter Health, northern California’s largest hospital system, got inflated payments because it said people in its …