TransRe President and CEO Mike Sapnar is leaving the company to pursue another opportunity. He’ll stay on the job through April 30 to help with the transition. Ken Brandt, currently TransRe’s co-president of Global Underwriting, will succeed him. A member …
Purdue Pharma LP filed a bankruptcy plan on Monday that would resolve thousands of opioid lawsuits by restructuring the OxyContin maker into an entity that would steer profits to plaintiffs and require the company’s Sackler family owners to contribute nearly …
ZURICH — Credit Suisse warned it may have to book a charge over its dealings with Greensill, as scrutiny grows over its relationship with the British finance firm that collapsed into insolvency. The Swiss bank has had to close around …
Despite two severe amputation injuries in 2018 and 2020 on the same machine at a Lakewood, New Jersey, ice cream manufacturing plant, a recent federal safety and health inspection found the company continued to ignore protocols designed to prevent other …
A federal judge on Thursday dismissed a lawsuit from New York state against the federal Environmental Protection Agency over its 2019 decision that General Electric had completed a Hudson River dredging remediation project. The Times Union of Albany reported U.S. …
The Maryland Senate voted Friday for a package of steps to fight climate change by planting 5 million trees over 10 years, increasing energy efficient buildings and committing to more electric state vehicle use. The measure would require the Maryland …
The U.S. Small Business Administration has announced that small non-farm businesses in all 15 counties in Arizona may apply for low-interest federal disaster loans to offset economic losses from drought. Eligibility includes businesses directly affected by the disaster as well …
People in Oregon will be better prepared for earthquakes – particularly important in the Pacific Northwest because experts say “the big one” is coming – as an early warning system launched Thursday, the 10th anniversary of a devastating quake and …
Specialty insurance broker Ryan Specialty Group has filed a proposal with the Securities and Exchange Commission for an initial public offering (IPO). The number of shares of Class A common stock to be offered and the price range for the …
Swiss Re announced new measures to support the transition to a net-zero economy by 2050, which encompass re/insurance underwriting, asset management and its own operations. “Climate change remains the biggest challenge we face as a society. The stakes are high …