- Nurse claiming psychological injuries denied workers comp
A psychiatric unit nurse’s psychological injuries allegedly caused by something a speaker said during a training seminar are not compensable, the Tennessee Supreme Court’s Special Workers’ Compensation Appeals Panel has ruled.
- Lloyd's of London insurer expands capacity with acquisition
Lloyd’s of London insurer Helios Underwriting P.L.C. on Friday said it has acquired Devon Underwriting Ltd., a limited liability member of Lloyd’s, for £1.1 million ($1.6 million) in cash.
- 2015 ILS issuance down at $6.9 billion
In 2015, the insurance-linked securities market saw its first decline in annual issuance in four years, according to a new report from Swiss Re.
- Berkshire expands pro lines to include private companies
Berkshire Hathaway Specialty Insurance Co. on Friday said it has expanded its executive & professional lines portfolio to include private companies in the U.S.
- First GM ignition switch lawsuit is dismissed
(Reuters) — The first federal trial over General Motors Co.’s massive ignition switch recall came to an early end on Friday as the parties said the case had been dismissed in the wake of allegations that the plaintiff had given misleading testimony.
- Protecting hospitals from pandemic losses focus of new coverage
Axis Healthcare has launched insurance coverage that protects hospitals in the U.S. and Canada from revenue loss due to an outbreak of a contagious disease.
- U.S. Court appoints lead counsel in Volkswagen multi-district litigation
(Reuters) — A U.S. federal court has appointed Elizabeth Cabraser as plaintiffs’ lead counsel to conduct and coordinate the multi-district litigation over civil lawsuits filed against Volkswagen A.G., according to a court filing on Thursday.
- Week in pictures
Insurer earnings take the lead in the Business Insuranceweek in pictures.
- Cyber fraud costs Boeing supplier $54 million
Austrian aircraft components manufacturer FACC A.G. has said that cyber fraud targeting the firm’s financial accounting department has caused €50 million ($54.5 million) in damages, reported Bloomberg.