Insurance News

Insurance News

Insurance Journal delivers the latest business news for the Property/Casualty insurance industry
  1. Billionaire investor Carl Icahn sued the directors of AmTrust Financial Services Inc., Chief Executive Officer Barry Zyskind and the family that controls the insurer to challenge a plan to take the insurer private, arguing it will shortchange investors. Icahn, who …
  2. XL Catlin has promoted Lindsey Nieves to AVP, underwriting manager in its regional US War, Terrorism & Political Violence insurance team for the South and Central zone, which is headquartered in Atlanta. According to Ben Tucker, head of XL Catlin’s …
  3. A divided U.S. Supreme Court ruled that employers can force workers to use individual arbitration instead of class-action lawsuits to press legal claims. The decision potentially limits the rights of tens of millions of employees. The justices, voting 5-4 along …
  4. The family of a mentally ill man who died after Milwaukee, Wis.-area police officers used a stun gun on him has filed a federal civil rights lawsuit against the Village of West Milwaukee. The Milwaukee Journal Sentinel reported the family …
  5. Louisiana will not be enacting a ban on hand-held cellphone use while driving. A House-backed proposal stalled in the Senate, and the regular session ended Friday without action on the bill, killing it. Rep. Mike Huval, a Breaux Bridge Republican, …

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