January 12, 2021
A Montana Senate committee is considering a bill that would provide liability protection for businesses and health care providers against lawsuits related to the pandemic. The Senate Business, Labor and Economic Affairs Committee held a hearing Friday on the bill, …
January 12, 2021
A Maine-based smoked salmon producer is defending itself against claims that its products are not sustainably produced. A New York resident alleged in a lawsuit that Ducktrap River of Maine does not use sustainable practices despite the labels affixed to …
January 12, 2021
Insurance operations, analytics and process services firm ReSource Pro said it has acquired two strategic advisory and management consulting firms focused on property/casualty insurance, Strategy Meets Action (SMA) and The Nolan Company (Nolan). The transactions were completed on Jan. 1, …
January 12, 2021
While insurers continue to win four out of five cases in early rounds, in the past month two property owners with policies that contained endorsements specifically providing coverage for diseases survived motions to dismiss their COVID-19 business interruption claims. On …
January 12, 2021
IAT Insurance Group, a provider of specialty property/casualty and surety products, has hired Joe Buffalano as vice president of Underwriting and Management Liability. Buffalano resides in New Jersey and will be based out of IAT Insurance Group’s Newark, N.J., office. …
January 12, 2021
Lower-middle-market private equity firm Huron Capital’s full-service insurance brokerage platform, High Street Insurance Partners, has acquired Day, Deadrick & Marshall Inc (DDM). Beltsville, Md.-based DDM is a full service, independent agency with a focus on personal, business insurance and financial …
January 12, 2021
As COVID-19 vaccine distribution rolls out across the country, insurers of the pharmaceutical industry are in a position to share their experience as to what constitutes a successful and safe distribution process. Allianz Global Corporate & Specialty (AGCS) is one …
January 12, 2021
Insurance broker Willis Towers Watson has introduced two new cyber risk assessment services – the Workforce Cyber Culture Assessment (WCCA) and the Ransomware Risk Assessment (RRA) Willis Towers Watson describes the WCCA as an innovative cyber risk methodology specifically designed …
January 12, 2021
Indonesian Navy divers retrieved one of the black boxes of the Sriwijaya Air Boeing Co. jet that plunged into the Java Sea shortly after takeoff from Jakarta on Saturday afternoon, a key step in discovering what caused the aircraft carrying …
January 12, 2021
The UK Supreme Court will on Friday hand down a judgment in a test case pitting the country’s markets regulator against insurers over how business interruption policies were dealt with during the coronavirus pandemic, it said on Tuesday. The result …