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Abbott Jury Awards at Least $53 Million in Infant-Formula Trial
Abbott Laboratories said it faces a jury award of at least $53 million over claims by four mothers that the company hid risks its premature-infant formula can cause a bowel disease which creates serious health issues for frail babies. Jurors …
POSTED APRIL 10, 2026 12:29 PM |
Zurich Austria Launches Branch in Poland
Zurich Austria has launched a branch in Poland, marking Zurich Insurance Group’s entry into the Polish corporate insurance market. The local team combines knowledge of the Polish market with the global competitive strength of the Zurich Insurance Group, Zurich said. …
POSTED APRIL 10, 2026 10:24 AM |
Dubai’s DIFC Introduces Temporary Economic Support for Business, Retail Community
Dubai International Financial Centre (DIFC) said on Thursday it was introducing a package of temporary relief measures to support its business and retail community “as the region emerges from the current environment.” The measures, effective immediately, include flexible payment plans …
POSTED APRIL 10, 2026 9:15 AM |
Hormus Still Shut and Lebanon Fighting Strains Truce as US and Iran Aim for First Talks
The Strait of Hormuz remained shut on Friday and Israel traded fire with Hezbollah in Lebanon, two disputes which the United States and Iran each described as violations of their ceasefire deal on the eve of their first peace talks …
POSTED APRIL 10, 2026 9:03 AM |
A Toll for Using Hormuz Would Be a ‘Dangerous Precedent’, UN’s Ship Agency Says
Imposing a toll on ships sailing through the critical Strait of Hormuz would “set a dangerous precedent” and countries should not impede freedom of navigation, the UN’s shipping agency said on Thursday. Iranian officials have raised the idea of charging …
POSTED APRIL 10, 2026 8:51 AM |
US E&S Growth Slows Again; Declining Berkshire Volume Tops Leaders
A recent analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market slowed to 7.8% in 2025, marking the first single-digit growth rate recorded since 2017. Previous reports from S&P …
POSTED APRIL 10, 2026 5:25 AM |
People Moves: Chubb Names Rampe Global Head of Claims; The Hartford Promotes Burns to Lead Enterprise Sales and Distribution
Chubb Names Rampe Global Head of Claims Chubb Limited named Kevin Rampe senior vice president, Chubb Group, Global Claims Officer, responsible for global claims management. Rampe will also retain his responsibilities as head of North America Claims. In his expanded …
POSTED APRIL 10, 2026 5:13 AM |
NYC Helicopter Crash Prompts Push for New Tourist-Flight Rules
US lawmakers from New York City are backing a bill to hold sightseeing helicopters to commercial airline safety standards, one year after a crash that killed a Siemens AG executive and his family. Standing near the crash site over the …
POSTED APRIL 10, 2026 5:00 AM |
Parents Charged After Child Is Hurt Crawling Into Wolf Area at Zoo
The parents of a toddler who suffered a minor injury at a Pennsylvania theme park zoo after squeezing through a fence near a wolf enclosure and making contact with one of the animals have been charged with endangering the welfare …
POSTED APRIL 10, 2026 5:00 AM |
AM Best Revises Outlooks to Negative for Oswego County Mutual
AM Best reports it has revised the outlooks to negative from stable for Oswego County Mutual Insurance Co. based in Parish, New York. AM Best has also affirmed the insurer’s Financial Strength Rating of A (Excellent) and the Long-Term Issuer …
POSTED APRIL 10, 2026 5:00 AM |
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