Industry News
Personal lines wholesaler Bridge Specialty Group has launched a new personal lines digital marketplace. Bridge Specialty Group worked with Markel to make its excess and surplus homeowners product available in the marketplace, which supports API-enabled carrier integrations and structured workflows …
Via: Claims Journal
Purdue Pharma appeared in New Jersey federal court on Tuesday for sentencing on charges of deceiving government regulators and paying kickbacks to doctors to boost opioid sales. The sentencing will complete a plea deal that clears the way for the …
Via: Claims Journal
President Donald Trump said Iran has asked the U.S. to lift a naval blockade of the Strait of Hormuz while the two sides negotiate an end to the two-month war, which has upended global energy supplies. Tehran wants the critical …
Via: Claims Journal
Sony Music Entertainment on Tuesday defeated a London lawsuit claiming performers’ property rights in relation to Jimi Hendrix’s classic 1960s albums, which the label had warned could have caused chaos for the music industry. London’s High Court ruled guitarist Noel …
Via: Claims Journal
A former ransomware negotiator has pleaded guilty to charges he helped a ransomware group extort tens of millions of dollars from companies. Angelo Martino, 41, of Land O’Lakes, Florida, worked for a cyber incident response company as a ransomware negotiator …
Via: Claims Journal
Joby Aviation Inc. is flying electric air taxis between John F. Kennedy International Airport and Manhattan this week to show off its quieter, zero-emission aircraft in a city weary of noise pollution. The demonstration flights are New York’s first point-to-point …
Via: Claims Journal
Global and regional natural catastrophe activity and loss totals were lower in the first quarter of 2026 than in comparable quarters of previous years, leaving the re/insurance industry well-positioned as it heads into the more costly second and third quarters, …
Via: Claims Journal
Medical device maker Medtronic said on Monday a cyberattack on its computer systems last week did not affect its products or ability to meet patient needs, and is not expected to materially impact its business or financial results. Medtronic said …
Via: Claims Journal
The Department of Justice issued an order on April 23, rescheduling state-licensed medical marijuana and Food & Drug Administration-approved cannabis products to Schedule III of the Controlled Substances Act (CSA). The order is also expected to jumpstart the stalled Drug …
Via: Claims Journal
The U.S. Supreme Court gave Bayer AG a mixed reception on its bid to stop tens of thousands of lawsuits claiming its Roundup herbicide should have been labeled as a cancer risk. Hearing arguments in Washington Monday, the justices weighed …
Via: Claims Journal