September 24, 2017
A judge dismissed a $100 million lawsuit against Little Caesars Pizza that alleged that pork was sold as “halal pepperoni” at a restaurant in a Detroit suburb that has a large Muslim population. Wayne County Circuit Court Judge Susan Hubbard …
September 24, 2017
A dispute over a multi-million-dollar insurance claim for a suburban Cincinnati mansion that burned down in 2014 has been settled weeks before a scheduled trial. A federal court filing says attorneys for Jeffrey and Maria Decker and their insurer informed …
September 24, 2017
ISMIE Mutual Insurance Co. and ISMIE Indemnity, based in Chicago, announced the companies are expanding service and product offerings in Michigan. Having operated in Michigan for many years, with a recent updated rate filing the companies will offer medical liability …
September 24, 2017
Seeman Holtz Property & Casualty Inc., based in Boca Raton, Florida, has acquired RateGenius Insurance Agency Inc., an affiliate of RateGenius, headquartered in Austin, Texas. Serving all of Texas for almost 10 years, RateGenius Insurance provides auto, home, boat and …
September 24, 2017
Storm watches have been issued for North Carolina as the U.S. is threatened by a hurricane for the fourth time in a month. Tropical storm watches, meaning winds of at least 39 miles (63 kilometers) per hour could reach the …
September 22, 2017
Americans are still buying homes in areas with high risk of natural hazards and the homes in those cities continue to appreciate in value far faster than homes in low natural hazard locales. However, the effect on home values of …
September 22, 2017
A.M. Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” from “a-” of Prime Insurance Company (PIC) in Chicago, Ill. The outlook of these ratings has been revised …
September 22, 2017
Ohio’s environmental regulators have more than doubled the proposed fines against a company building a natural gas pipeline from West Virginia to Michigan, saying the two sides are at an impasse. The fines now stand at $2.3 million and stem …
September 22, 2017
Lawyers expect a spate of force majeure contract lawsuits after Hurricane Harvey tore through Southeast Texas and parts of Louisiana last month, paralyzing a fifth of U.S. fuel output and pushing some oil production offline. Hurricanes and other natural disasters …
September 22, 2017
The United States and European Union have scheduled a ceremony for today for the signing of a bilateral agreement on prudential insurance and reinsurance measures. Both sides announced in July their intention to sign the agreement, also known as a …