A Connecticut jury has delivered a $20 million verdict for the widow and family of John Peckham, who died in 2020 from mesothelioma after being exposed to asbestos while working with DAP “33” window glaze in the 1960s. The two …
Auto insurance and tort-reform groups are celebrating after a subcommittee of the Florida House Banking and Insurance Committee approved a bill that would ban assignment-of-benefits agreements for windshield repairs, a measure that proponents hope will stem a flood of litigation …
Less than eight months after two of Alabama’s oldest insurance agencies merged to create the Where Relationships Matter Group, the group has taken on another agency with offices in the southeast part of the state. WRM Group announced that it …
Silicon Valley Bank’s lack of a chief risk officer for much of last year is being examined by the Federal Reserve as part of its probe of the bank’s failure, two people familiar with the matter said. SVB revealed in …
U.S. Transportation Secretary Pete Buttigieg said on Tuesday that a series of aviation close calls was “deeply troubling and deserve our immediate attention.” The Federal Aviation Administration (FAA) is holding a safety summit on Wednesday with airlines, unions, airports and …
The Federal Emergency Management Agency is cautioning residents in parts of central California and western Nevada to pay attention to local officials as additional heavy rains and flooding are predicted. The National Weather Service predicts widespread rain, snow and strong …
Silicon Valley Bank customers will have access to their deposits starting on Monday, U.S. officials said on Sunday, as the federal government announced actions to shore up deposits and stem any broader financial fallout from the sudden collapse of the …
Connecticut is suing the operator of the state’s 23 highway rest stops, alleging the company is refusing to pay more than $2.7 million in back wages owed to food service workers for Subway, Dunkin’ and other restaurant chains, state Attorney …
Swiss financial regulator FINMA on Monday said it was monitoring the situation surrounding failed Silicon Valley Bank and looking for signs of contagion from the bank’s collapse. “FINMA takes note of the media reports on Silicon Valley Bank in the …
Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, announced it will enter the excess cyber insurance market in the United Kingdom to help protect businesses with enhanced coverage. By adding additional capacity to the market in this …