The Massachusetts Supreme Judicial Court, in the first state high court ruling on the question, has sided with an insurer and an insurance agency in finding that the Covid-19 losses claimed by three restaurants were not “direct physical loss of …
A Waukegan, Illinois contractor – with a history of violating federal safety standards and ignoring safety citations – was cited again by the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) for exposing workers to deadly fall hazards …
Proponents of legalizing marijuana in Wisconsin, for either medical or recreational use or both, get their first chance to make their case at a public hearing of a legislative committee Wednesday. The Senate committee hearing marks the first time that …
Lloyd’s of London syndicate Aspen Insurance has decided to cut ties with the existing Trans Mountain pipeline when its current insurance policy expires this summer, according to the climate activist group, Coal Action Network. Aspen joins 16 other insurers that …
United Fire Group Appoints Eric J. Martin as Chief Financial Officer United Fire Group, Inc. has appointed Eric J. Martin as Chief Financial Officer, effective April 18, 2022. Martin brings more than 29 years of experience to UFG, including the …
Elon Musk will not be subjected to a “gag order” preventing him from discussing a lawsuit claiming he defrauded Tesla Inc. shareholders by tweeting in 2018 about taking his electric car company private, a federal judge ruled on Wednesday. U.S. …
The insurer first said it would pay to repair a breezeway at a student housing complex that partially collapsed during a Saturday night student party. Then it said it wouldn’t, and sent the policyholder a “confusing” and “deceptive” denial letter …
Kathleen Ponter Joins EPIC Insurance Brokers & Consultants in Houston EPIC Insurance Brokers & Consultants has added Kathleen Ponter to its Houston Property & Casualty team as a producer. Ponter will utilize her property and casualty experience to provide risk …
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Old Glory Insurance Company, based in Tyler, Texas. Concurrently, AM Best …
According to a recent survey by Next Insurance, small businesses are feeling stressed and frustrated by the state of the economy and inflation. Only 29% of respondents said they felt optimistic about an economic recovery in the next year, according …
