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News – Insurance Journal
Mother of Teen Who Died Suing Center in Oregon for $13M
The mother of a Portland, Ore., teen who died by suicide shortly after medical staff allegedly evaluated and released him from the Unity Center for Behavioral Health has filed a $13 million lawsuit. Leila Mesch’s lawsuit lists Legacy Health and …
POSTED JANUARY 28, 2021 3:23 PM |
Aon, Willis Announce Leadership Team for Post-Merger Brokerages
In anticipation of their proposed merger receiving final approval, insurance brokers Aon and Willis Towers Watson announced the future leadership team for the firm that will be effective following the close of the merger, which they expect to occur before …
POSTED JANUARY 28, 2021 3:08 PM |
Vermont Man Charged in Eight Arsons Arrested by Federal Agents
A Stowe man charged in eight arsons that police say caused more than $1.5 million in damage to the resort community has been arrested by federal agents. Jeffrey Nolan, 62, made his initial appearance in federal court on Monday on …
POSTED JANUARY 28, 2021 2:47 PM |
Saxe Doernberger & Vita Promotes Clifford, Johnson to Of Counsel
Saxe Doernberger & Vita P.C. (SDV) has promoted associate attorneys Brian J. Clifford and Kelly A. Johnson to of counsel. Clifford, resident in the firm’s Connecticut office, has represented clients on a range of coverage and litigation matters, including advising …
POSTED JANUARY 28, 2021 2:44 PM |
AXA XL Names Colao as Global Chief Underwriting Officer for Cyber
AXA XL announced that Michael Colao, who has 20 years experience in financial services cyber security, has been named global chief underwriting officer for Cyber. Colao will manage aggregate cyber exposure across AXA XL’s products globally. Additionally, he will help …
POSTED JANUARY 28, 2021 2:33 PM |
Insurer USAA, Serving Military and Veterans, Enters Small Business Insurance Market
The insurer that targets members of the military and veterans, USAA, is going to start writing its own small business insurance policies for the first time. The company will initially offer the coverage in five states – Arizona, Colorado, Illinois, …
POSTED JANUARY 28, 2021 2:20 PM |
China Urges International Cooperation on Financial Services, Technology Regulation
SHANGHAI— China’s regulators want to step up exchanges with international counterparts and strengthen co-operation on anti-trust issues, data treatment and consumer protection, China’s central bank vice governor said in a Financial Times opinion piece. Pan Gongsheng said authorities wanted to …
POSTED JANUARY 28, 2021 1:25 PM |
China Approves Allianz Bid to Open Insurance Asset Management Firm in Beijing
SHANGHAI— Allianz said on Thursday it had obtained regulatory approval to set up China’s first wholly foreign-owned insurance asset management company, as the German insurer steps up expansion in the world’s second-biggest economy. The greenlight from the China Banking and …
POSTED JANUARY 28, 2021 1:02 PM |
Trump Health Secretary Rule Slows COVID Court Claims Against Nursing Homes
Garnice Robertson wants accountability for her mother’s death from COVID-19 caught while she was living at a Kansas nursing home that allegedly failed to prevent an outbreak of the disease. An unexpected legal hurdle stands in her way. The nursing …
POSTED JANUARY 28, 2021 12:56 PM |
GEICO Loses Appeal that Sought Coverage From Another Insurer for Lamborghini Crash
In a dispute between two insurers, a federal appellate court ruled that GEICO is solely liable for the cost of replacing a Lamborghini worth more than $100,000 that was totaled in a collision with another vehicle. A panel of the …
POSTED JANUARY 28, 2021 11:00 AM |
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