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News Center

News – Insurance Journal

Police Say Defects May be to Blame for Balcony Collapse that Injured Utah Couple, 5 Children
A Utah couple and five of their nine children are recovering from injuries after the balcony on their home collapsed. Spring City police say the accident occurred about 9:30 p.m. Sunday. The Salt Lake Tribune reports Adam Burningham, his wife …

POSTED JUNE 19, 2019 3:11 PM
Nevada’s Attorney General Files Wide-Ranging Opioid Lawsuit
Nevada’s attorney general expanded the state’s lawsuit against the maker of the opioid OxyContin this week to include the company’s former president, his family, other drugmakers, distributors and drugstores, including Walgreens, CVS and Walmart. The lawsuit naming more than 40 …

POSTED JUNE 19, 2019 2:58 PM
California Warehouse Fire Defendant Says No One Was in Charge
The San Francisco Bay Area warehouse where a fire killed 36 people more than two years ago was an artist enclave where nobody was fully in charge, one of two men blamed for the fire testified this week. Max Harris …

POSTED JUNE 19, 2019 2:55 PM
PG&E Settles for $1B with Local Governments for California Fire Claims
PG&E Corp. will pay $1 billion as part of its bankruptcy reorganization to more than a dozen local governments in California struck by wildfires in recent years, the company and lawyers for the governments said on Tuesday. Payments to the …

POSTED JUNE 19, 2019 2:35 PM
Sandy Hook Shooting Victims’ Parents Win Defamation Suit Against Conspiracy Authors
The father of a victim of the Sandy Hook Elementary School massacre has won a defamation lawsuit against the authors of a book that claimed the shooting never happened — the latest victory for victims’ relatives who have been taking …

POSTED JUNE 19, 2019 1:25 PM
Maine Farmer Becomes Board Chair of The MEMIC Group
From broccoli to the board room, Lance Smith has cultivated a reputation for collaboration, hard work and common sense. A partner in Smith’s Farm, the largest producer of broccoli and one of the largest growers of cauliflower in the East, …

POSTED JUNE 19, 2019 1:20 PM
Explosion Levels New Jersey Home, Injuring Lone Occupant
An explosion leveled a home in New Jersey on Monday, injuring the lone occupant, who was pulled from the burning rubble by an off-duty police officer and first responders. Heavy flames and a large plume of smoke rose from the …

POSTED JUNE 19, 2019 1:17 PM
Enrollment Opens for Dairy Farm Insurance Program
Vermont dairy farmers can now sign up for an improved insurance program to help them when the gap between milk prices and feed prices reaches a certain level. The new insurance program was created as part of the 2018 farm …

POSTED JUNE 19, 2019 1:11 PM
Drug Makers’ Supply Chain Probed as Blood Pressure Pill Tests Positive for Carcinogens
An online pharmacy told U.S. regulators it found another cancer-causing chemical in widely prescribed blood-pressure pills, raising new questions about a complex global web of companies that produces medicine for millions of people. A solvent called dimethylformamide was discovered in …

POSTED JUNE 19, 2019 12:58 PM
Lloyd’s Must Demonstrate Progress in Tackling Sexual Harassment: Bank of England
The Bank of England called for Lloyd’s of London to demonstrate progress in tackling the insurance market’s culture of sexual harassment. The BOE’s director of insurance supervision Anna Sweeney said she would work together with the Financial Conduct Authority to …

POSTED JUNE 19, 2019 12:39 PM

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