U.S.
Liability Twist: Massachusetts Sues Purdue Execs, Directors Over Opioid Crisis
Massachusetts on Tuesday filed a lawsuit against Purdue Pharma LP, accusing the OxyContin maker of illegally promoting the use of opioids, and became the first state to sue the drugmaker's executives ...
FEMA Explores Added Expansion of Disaster Reinsurance Program
The federal government, seeking to protect itself from the growing cost of natural disasters, is borrowing a technique from the private sector and buying reinsurance. The Federal Emergency Management ...
Executives On the Move at AmTrust, Chubb and Everest Re
AmTrust Financial Services has a new Group chief Underwriting Officer. Chubb appointed an executive to lead the financial lines arm of its Overseas General Insurance division. A former Chubb ...
Coalition’s Cyber and Tech E&O Coverage to Be Offered Through Big ‘I’ Markets
Cyber insurance startup Coalition inked a partnership deal with Big "I" Markets that will give it a broad market reach for its cyber and technology E&O coverage. Big "I" Markets is the online ...
Scooter Startups Offer Latest Liability Target for Personal Injury Lawyers
Bird Rides Inc. and other scooter startups have drawn fire from pedestrian advocates, politicians and annoyed citizens. Now they have a new nemesis: personal-injury lawyers. In recent months, people ...
Who Will Allianz Acquire Next? There Are Plenty of Potential M&A Targets
A $94 billion financial behemoth is keeping the market on tenterhooks about its next move. Europe's largest insurer, Allianz SE, is in the early stages of evaluating a variety of potential ...
The Latest Launches From XL Catlin and The Hanover
XL Catlin updated one of its coverages offered within its North American Environmental Unit. The Hanover Insurance Group beefed up its Architects and Engineers Advantage professional liability ...
Chubb Promotes Furby, O’Donnell to Lead European Operations
Chubb is putting in place new leadership for its European operations after the retirement of a key executive. David Furby will be senior vice president, Chubb Group and regional president, European ...