Monthly Archives: <span>September 2017</span>

Judge Tosses One Michigan ‘Halal Pepperoni’ Lawsuit Against Little Caesars

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 …

Chubb, Homeowners Settle High-Dollar Suit over Ohio Mansion Fire

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 …

ISMIE Mutual Insurance to Offer Medical Liability Coverage in Michigan

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 …

Seeman Holtz Property & Casualty Acquires Austin’s RateGenius Insurance Agency

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 …

Storm Watch Issued for North Carolina as Puerto Rico, Markets Weigh Maria’s Economic Costs

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 …

How Home Values Track with High, Low Risk of Natural Hazards: ATTOM Data

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 …

Ratings of Illinois’ Prime Insurance Company Upgraded

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 …

Ohio Increases Fines Against Pipeline Developer to $2.3M

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 …

Jump in Energy Contract Lawsuits Expected in Harvey’s Wake

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 …

U.S. and EU Sign Covered Agreement on Insurance Regulation

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 …