Johnson & Johnson persuaded a New York judge to slash by about two-thirds a $325 million jury award to a woman who blamed her asbestos-related cancer on use of the company’s baby powder. Justice Gerald Lebovits in Manhattan on Thursday …
Specialty Program Group LLC has named Christopher Lamitola chief sales officer. Lamitola will provide sales and marketing guidance to acquired business partners. Lamitola comes to SPG from Allstate Insurance Co. in New York, where he was territory sales leader. Prior …
An administrative law judge upheld Washington Insurance Commissioner Mike Kreidler’s fine and cease-and-desist order against Armed Citizens Legal Defense Network Inc., for illegally acting as an insurer in the state. Kreidler in March ordered Armed Citizens to stop acting as …
More items are being proposed for the California Export List than in recent memory, including coverages for cyber, parametric products, earthquake, and COVID-19, according to a surplus lines expert. The California Department of Insurance gave official notice that the next …
The proposed settlement of a lawsuit filed on behalf of residents of Flint, Michigan, who were harmed by lead-tainted water now totals about $641 million, officials revealed on Nov. 18. The lawsuit was the result of workers following state environmental …
Tyson Foods Inc. said it has suspended managers at an Iowa meatpacking plant accused in lawsuits of betting on how many workers would be infected in a Covid outbreak earlier this year. More than 1,000 of the 2,800 employees at …
Allstate Corp. hired solely banks owned by minorities, women or veterans for its bond sale, in the biggest corporate deal yet managed only by diverse firms. The insurer enlisted Loop Capital Markets, Academy Securities, Samuel A. Ramirez & Co., Siebert …
Crest Insurance Group LLC of Scottsdale, Ariz., has promoted Yvonne Baldwin to senior vice president of personal lines. Baldwin joined the firm in 1984 following her time with Mueller and Associates. Crest has offices in throughout Arizona as well as …
The Kentucky Associated General Contractors Self-Insurers’ Fund, a workers’ compensation insurance provider in the state of Kentucky, will return more than $18.5 million, including special fund tax reimbursement, in dividends to qualifying members in March of 2021. The board of …
Bidding to slow surging coronavirus cases and deaths in Kentucky, Gov. Andy Beshear announced new restrictions Tuesday on in-person gatherings at restaurants, schools and event venues. “I don’t take this lightly – I know this will cause some more harm …