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Massachusetts Court: Merck Can Be Sued Over Generic Drug Injury
Massachusetts’ top court on Friday opened the door for consumers to sue Merck & Co Inc and other makers of brand-name drugs over injuries blamed not on their own medications but on generic versions of their treatments made by other …

POSTED MARCH 19, 2018 12:44 PM
Brit Names Walker from Marsh as Head of UK Property
Brit Ltd. announced it has appointed Neil Walker as head of UK Property. In this role, Walker reports to Tom Hillier, divisional director, Specialist Liability. Walker brings over 20 years’ of experience in the broking industry with a focus on …

POSTED MARCH 19, 2018 11:39 AM
Retiring Commissioner Sevigny Talks State Regulation, Being a Good Leader
New Hampshire Insurance Commissioner Roger Sevigny is planning to retire this summer after 16 years with the New Hampshire Insurance Department. His current term ends on June 11. Prior to his 16 years working as a regulator in the state …

POSTED MARCH 19, 2018 10:56 AM
Climate Change Worsens Effects of Natural Disasters, Costing Farmers Billions of Dollars
Natural disasters from droughts to floods are costing farmers in poorer countries billions of dollars a year in lost crops and livestock, and it’s getting worse thanks to climate change. Agricultural losses from weather events in developing nations totaled $96 …

POSTED MARCH 19, 2018 10:54 AM
XL Catlin Introduces Brexit Continuity Clause to Address Risk of Loss of EU Passporting
XL Catlin’s London-based insurance operation has introduced a Brexit contract continuity clause. The clause addresses the risk that contracts written by XL’s London-based entities prior to Brexit may become impermissible if passporting rights are lost as a consequence of the …

POSTED MARCH 19, 2018 10:26 AM
Texas Moves to Liquidate Non-Standard Auto Insurer, Access
Texas insurance regulators have put into receivership and started the process of liquidating a Texas-domiciled/Atlanta, Georgia-headquartered property/casualty insurance company that the insurance department says is insolvent. Access Insurance Co. is primarily a provider of non-standard auto insurance and is licensed …

POSTED MARCH 19, 2018 5:40 AM
Credit Insurers Stopped Backing Toys ‘R’ Us a Year Ago
When Toys ‘R’ Us secured a $3.1 billion bankruptcy loan in September, toy makers were reassured they would be paid for goods delivered to the company as it tried to emerge from Chapter 11. Now those payments are at risk …

POSTED MARCH 19, 2018 5:00 AM
Tennessee Reports 60% Increase in DUIs at College Campuses
The Tennessee Bureau of Investigation says reported DUI offenses on college campuses in the state have increased by more than 60 percent. The TBI said in a Thursday statement that its annual crime study detailing the volume and nature of …

POSTED MARCH 19, 2018 4:12 AM
Florida DOT Missed Voicemail About Miami Bridge Crack Before Collapse
An engineer left a voicemail two days before a catastrophic bridge failure in Miami to say some cracking had been found at one end of the concrete span, but the voicemail wasn’t picked up until after the collapse, Florida Department …

POSTED MARCH 19, 2018 4:09 AM
North Carolina Insurance Department Expands Fraud Division, Adds 15 Agents
The North Carolina Department of Insurance has expanded its criminal investigations division with the addition of 15 new special agents, according to a statement from North Carolina Insurance Commissioner Mike Causey. Causey said the expansion to nearly double the size …

POSTED MARCH 19, 2018 4:03 AM

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