Berkshire gets giant $1bn share of Florida Citizens reinsurance renewal

Published on July 11, 2023
Florida’s Citizens Property Insurance Corporation has completed the placement of its 2023 risk transfer program, securing just over $2.98 billion of
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Jurors Urged to Impose Heavy Punitive Damages in J&J Talc Trial

July 11, 2023
Lawyers for a California man who says he developed a rare cancer from exposure to asbestos in Johnson & Johnson’s JNJ.N talc-based baby powder on Monday urged a jury to order the company to pay heavy punitive damages, calling its …

Workers’ Compensation Undercuts Employer Liability Exclusion, U.S. Appeals Court Rules

July 11, 2023
Since workers’ compensation shields an employer from liability, an insurer may not be able to rely on an employer liability exclusion in a commercial general liability policy to avoid claims. That’s the potentially costly message a federal appeals court has …