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Court Tosses $223.8M Verdict Against J&J in Talc Cancer Case
A New Jersey appeals court on Tuesday threw out a $223.8 million verdict against Johnson & Johnson that a jury had awarded to four plaintiffs who claimed they developed cancer from being exposed to asbestos in the company’s talc powder …
POSTED OCTOBER 03, 2023 3:36 PM |
People Moves: Lockton Europe Taps WTW’s Rowley as Head of N. American Property; Sompo Int’l Names Faugas From AGCS as France Country Manager, Insurance
This edition of International People Moves details appointments at Lockton Europe and Sompo International A summary of these new hires follows here. Lockton Europe Taps WTW’s Rowley as Head of North American Property Lockton, the independent insurance broker, announced the …
POSTED OCTOBER 03, 2023 3:24 PM |
Independent Agents Are Shopping Premiums Despite Record High Carrier Satisfaction
Independent insurance agents report unprecedented satisfaction with their carrier partners, but that doesn’t mean they aren’t keeping their options open due to the rising cost of premiums. According to the J.D. Power 2023 U.S. Independent Agent Satisfaction Study, overall agent …
POSTED OCTOBER 03, 2023 3:18 PM |
Rapid Shocks in Store for Insurers in New Bank of England Stress Tests
The Bank of England said on Tuesday it will check the health of general insurers in 2025 with a “stress test” that includes a rapid series of shocks, as sector capital rules are eased. Regulators have introduced stress tests since …
POSTED OCTOBER 03, 2023 2:33 PM |
Alliant Names Griggs SVP of Americas Division, Based in Tennessee
Alliant Insurance Services, a major insurance distributor based in California, has named Mike Griggs senior vice president of its Americas division. Griggs, with almost 20 years in the insurance industry, will be based in Nashville and will manage property-casualty insurance …
POSTED OCTOBER 03, 2023 2:19 PM |
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