Johnson & Johnson announced on Tuesday that it had agreed to pay $8.9 billion to tens of thousands of people who claimed the company’s talcum powder products caused cancer, a proposal that plaintiffs’ lawyers called a “significant victory” in a decade-long legal battle.
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Green Shield Risk Solutions Selects INSTANDA to Power Innovative E&S Loss Prevention Product
Chicago-based Green Shield Risk Solutions announced today a new partnership with INSTANDA to enhance Green Shield’s product and service offerings with innovative digital solutions.
Kettle Works with Amwins & PartnerRe on California Excess Wildfire Product
Kettle, the reinsurance focused deep-learning and artificial intelligence (AI) company, has delivered risk modelling and analytics to support the development of a new excess wildfire product for the Californian market.
Verisk Grows Premium and Loss Database for Third Consecutive Year
Verisk continues to recruit and secure new contributors to its industry-leading ISO Statistical Database.
NHTSA Launches Distracted Driving Campaign
The National Highway Traffic Safety Administration is kicking off its annual U Drive. U Text. U Pay. campaign, raising awareness of the dangers of driving while distracted.
Crisis in Banking and the D&O Market
The effects of the ongoing banking crisis are not limited to financial institutions; the D&O and P&C insurance markets have also suffered. This report investigates the origins of the banking crisis, its impact on the D&O markets, and what it means for P&C agents and brokers.
Why the US Leads the World in Weather Catastrophes
Blame geography for the U.S. getting hit by stronger, costlier, more varied and frequent extreme weather than anywhere on the planet, several experts said.
Tesla Ordered to Pay More than $3 Million in Racial Harassment Case
Tesla Inc. secured a financial reprieve when a jury ordered the company to pay more than $3 million to a Black former worker in a racial harassment case, a fraction of the payout the company initially owed.
DOXA Acquires Preferred Aviation Underwriters
The niche MGA brings a wealth of experience in a new industry to DOXA’s portfolio with a full suite of aviation-focused products.
Orion180 Group Inc. Raises Additional $42.5 Million of Capital
Orion180, a premier provider of insurance solutions, has closed on an inaugural $42.5 million senior secured credit facility led by Regions Bank.