Southern California Edison said on Wednesday it would pay several million dollars each to families who lost loved ones in the January wildfires that scorched 14,000 acres in greater Los Angeles and destroyed thousands of homes and businesses. The utility, …
SCE Wildfire Fund to Pay Millions, Fast-Track Death Claims Read More »
Starr, a global investment and insurance organization, announced it has entered a definitive agreement to acquire IQUW Group, a specialty insurance and reinsurance business that combines data and analytics with underwriting expertise. Financial terms of the transaction were not been …
Starr Acquiring IQUW; Starr Managing Agency to Be Among 10 Largest at Lloyd’s Read More »
A new class-action lawsuit, if successful, could require the California owner of former military munitions bunkers near Edgemont to pay more than $17 million to people who rent the so-called igloos for use as homes or shelters to protect them …
South Dakota Survival Bunker Renters Sue Owner Over Alleged Deceptive Practices Read More »
A Florida appeals court today struck down the $216 million verdict against John’s Hopkins All Children’s Hospital in the Maya Kowalski negligence lawsuit, a case that had gained worldwide attention and was the subject of a Netflix documentary. “The trial …
Breaking: Florida Appeals Court Reverses $216M Jury Verdict in Maya Kowalski Case Read More »
Fermi Inc. has signed deals to begin production of four big nuclear-power reactors that would be used for a private data center grid campus in the Texas Panhandle. Shares rose as much as 9% after the announcement and a slew …
Fermi Orders Four Big Nuclear Reactors in Texas Read More »
A Dallas pediatrician has surrendered her medical license, a year after becoming the first target of a law that banned providing gender-transitioning hormones to minors. Last October, Texas Attorney General Ken Paxton filed a lawsuit against adolescent medicine physician May …
Lawsuit Leads to Surrender of Texas Physician’s License over Gender-Affirming Care Read More »
Alliant announced the hiring of John Lapinski as Senior Vice President in its employee benefits group. Based in Michigan, Lapinski will serve a diverse client base throughout the Midwest with a focus on plan design, compliance, cost management, and employee …
People Moves: Alliant Names Lapinski to Employee Benefits Group Read More »
A jury in Fort Lauderdale on Tuesday awarded $20 million to the family of a physician who died in 2022, finding that his mesothelioma was caused by his longtime use of Johnson & Johnson talcum powder. Internal company documents and …
Florida Jury Awards $20 Million in J&J Talcum Powder Mesothelioma Lawsuit Read More »
Data analytics firm Verisk Analytics cut its annual revenue forecast below Wall Street estimates on Wednesday, sending shares down 8.7% in premarket trading. A slowdown in severe weather events weighed on demand for Verisk’s catastrophe risk models, a key revenue …
Verisk Cuts 2025 Revenue Forecast Below Wall Street Estimates Read More »
Boston-based Indico Data, which offers AI-based automation for insurance operations, has received an investment from Aviva Ventures, the corporate venture capital fund for Aviva, one of the UK’s largest insurers. The amount of the investment was not disclosed. As part …
Aviva Ventures Backs Indico Data’s Insurance Operations AI Read More »
