Rescuers Find Body of Final Missing Tenn. Factory Worker Swept Away by Flooding November 5, 2024 ERWIN, Tenn. (AP) — Rescue workers in Tennessee have recovered the body of the final person still missing after massive...
TPG’s Exactech Goes Bankrupt After Lawsuits Over Recalled Implant Devices October 31, 2024 By Jonathan Randles Exactech Inc., a maker of joint-replacement implants owned by TPG Capital, has filed bankruptcy after being accused in more than...
Tennessee Pollution Exclusion Confusion: Courts Differ But Clauses Can Apply October 23, 2024 By Junaid N. Savani Insurers often include exclusions within their liability policies to prohibit coverage for claims arising out of pollution exposure. The exact...
Family of Tenn. Man Who Died in Plastics Plant Flooding Files Wrongful Death Suit October 17, 2024 By Kimberlee Kruesi NASHVILLE, Tenn. (AP) — The family of a Tennessee employee who was killed by catastrophic flooding caused by Hurricane Helene...
Tyco, TIG Insurance Agree to Settle ‘Forever Chemicals’ Fire Foam Litigation July 29, 2024 By Insurance Journal Staff Reports Three months after Tyco Fire Products agreed to pay $750 million to communities with groundwater affected by so-called “forever chemicals”...
Penn National Can’t Avoid Asbestos Coverage Payout, SC Supreme Court Says July 26, 2024 By Insurance Journal Staff Reports Pennsylvania National Mutual Casualty Insurance Co. cannot escape the long tail of asbestos, and must cover part of the litigation...
Verizon to Pay $1M Penalty Due to 2022 Outage That Blocked 911 Calls in SE June 27, 2024 Verizon Wireless has agreed to pay a $1 million penalty levied by the Federal Communications Commission after a 2022 service...
South Carolina DOI Sets Another Data Call on Liability Market Issues in the State June 10, 2024 The South Carolina Department of Insurance is again requesting carrier data on the health of liability insurance markets in the...
Owens Corning to Buy Tampa-based Masonite International for $3.9 Billion February 9, 2024 (Reuters) – Owens Corning said on Friday it will buy door maker Masonite International for $3.9 billion in an all-cash...
MCI Lloyd’s Syndicate 1902 Offers ‘Ground-Breaking’ Infectious Disease Liability Cover December 3, 2021 Specialist liability underwriter Medical & Commercial International (MCI) announced the launch of a ground-breaking communicable disease liability (CDL) cover. Based...