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FM Global: Next Generation Fire Sprinklers Aimed at Curbing Warehouse Fires

Warehouses, served by increasingly powerful automated materials-handling equipment, are steadily getting taller, posing new fire risks and stressing traditional fire protection systems like heat-triggered ceiling sprinklers. FM Global, a global commercial property insurer, has pioneered research on next-generation sprinklers that, … Source: Claims Journal

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Business News: CLARA Analytics, IICF, Lemonade

CLARA Analytics Launches PUMA Search Engine to Help Insurance Carriers Reduce Workers’ Compensation Costs CLARA analytics, a division of LeanTaaS, a Silicon Valley healthcare SaaS provider, announced the commercial availability of PUMA, a search engine that helps insurance carriers and … Source: Claims Journal

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Liberty Mutual Set to Buy Fosun’s Ironshore for $3B

Liberty Mutual Holding Co., the fourth-largest property/casualty insurer in the U.S., agreed to buy Ironshore Inc. from Fosun International Ltd. for about $3 billion to expand in the specialty commercial market. Ironshore will retain its management and brand after the … Source: Claims Journal

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J&J to Pay Record $1B for Faulty Hip Implants

Johnson & Johnson was ordered by a Texas jury to pay more than $1 billion to patients who claimed the company hid flaws in its Pinnacle artificial hips that had to be surgically removed, in J&J’s second loss linked to … Source: Claims Journal

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