28 12, 2020

Core Specialty Adds Tokio Marine’s Jacobs to E&O, Professional Liability Team

By | December 28th, 2020|Uncategorized|Comments Off on Core Specialty Adds Tokio Marine’s Jacobs to E&O, Professional Liability Team

Cincinnati-based Core Specialty Insurance Holdings reported that Jeff Jacobs has joined as senior vice president, head of Errors and Omissions Professional Liability. Jacobs has 30 years of insurance sector experience leading professional liability, management liability and other commercial property and …

28 12, 2020

Flint. Michigan, Joins $641M Deal to Settle Suits over Lead-Tainted Water

By | December 28th, 2020|Uncategorized|Comments Off on Flint. Michigan, Joins $641M Deal to Settle Suits over Lead-Tainted Water

The Flint, Michigan, City Council has signed off on its portion of a $641 million settlement with residents of the poor, majority-Black city who were exposed to lead-tainted water. The city’s insurer would kick in $20 million as part of …

28 12, 2020

Wisconsin Appeals Court Upholds $5.5M Award in Fatal Bike Crash

By | December 28th, 2020|Uncategorized|Comments Off on Wisconsin Appeals Court Upholds $5.5M Award in Fatal Bike Crash

A Wisconsin appeals court has upheld a $5.5 million judgment against a driver who killed a 23-year-old bicyclist in Madison. Brian Hodgson was driving on the city’s west side in June 2015 when he crashed into Emilly Zhu as she …

28 12, 2020

Insurance Journal’s Top 10 Most Read Stories of 2020: Midwest Region

By | December 28th, 2020|Uncategorized|Comments Off on Insurance Journal’s Top 10 Most Read Stories of 2020: Midwest Region

Motorcycle helmets, protest damage and COVID-19 pandemic-related lawsuits dominated the headlines in Insurance Journal’s Midwest region in 2020. Here’s a look back at some of most read stories for the Midwest region, based on readership metrics: Governor Signs Missouri Bill …

27 12, 2020

2 Months After Hurricanes, Recovery Elusive for Louisiana Residents

By | December 27th, 2020|Uncategorized|Comments Off on 2 Months After Hurricanes, Recovery Elusive for Louisiana Residents

As southwest Louisiana recovers from the back-to-back hurricanes that hammered the region this year, signs of progress compete with lingering evidence of mass destruction. The fallen trees that carpeted neighborhoods have mostly been chopped up and hauled away, but the …

24 12, 2020

Smaller Websites Nervous Over Giant Facebook’s Support for Liability Reform

By | December 24th, 2020|Uncategorized|Comments Off on Smaller Websites Nervous Over Giant Facebook’s Support for Liability Reform

Facebook Inc. says it’s time to rethink the legal immunity that protects it from lawsuits over what users post online, a position that’s leaving smaller websites concerned about the cost of accepting more responsibility for what appears on their platforms. …

24 12, 2020

EU and UK Clinch Narrow Brexit Deal, Just Days Before Transition Period Expires

By | December 24th, 2020|Uncategorized|Comments Off on EU and UK Clinch Narrow Brexit Deal, Just Days Before Transition Period Expires

LONDON/BRUSSELS – Britain clinched a narrow Brexit trade deal with the European Union on Thursday, just seven days before it exits one of the world’s biggest trading blocs in its most significant global shift since the loss of empire. The …

23 12, 2020

Data Theft at Defense Firm Leonardo Targeted Details of Military Aircraft: Arrest Warrant

By | December 23rd, 2020|Uncategorized|Comments Off on Data Theft at Defense Firm Leonardo Targeted Details of Military Aircraft: Arrest Warrant

MILAN – An investigation into a data theft at Leonardo has found that a hacker working inside the Italian defense group appeared to target details of Europe’s biggest unmanned fighter jet program and aircraft used by the military and police, …

23 12, 2020

Allianz’ Real Estate Unit Bets on London with Purchase of Office Buildings for $539M

By | December 23rd, 2020|Uncategorized|Comments Off on Allianz’ Real Estate Unit Bets on London with Purchase of Office Buildings for $539M

Allianz SE’s real estate unit will take a majority stake in a portfolio of buildings owned by British Land Co. in London’s virus-roiled West End district. The insurance giant has agreed to pay 401 million pounds [$539 million] for a …

23 12, 2020

Brexit-Trade-Deal Talks Remain Snagged with Just 8 Days to Year-End Deadline

By | December 23rd, 2020|Uncategorized|Comments Off on Brexit-Trade-Deal Talks Remain Snagged with Just 8 Days to Year-End Deadline

LONDON/BRUSSELS – The United Kingdom and the European Union have still not clinched a Brexit trade deal to avoid a turbulent split in just eight days time because of serious disagreements about competition and fishing, a British minister said on …