January 23, 2023
In one of his last official acts in office, Massachusetts Gov. Charlie Baker signed a bill designed to curb the theft of catalytic converters by regulating the purchase of the automobile parts by scrap metal dealers. Scrap metal buyers must …
January 23, 2023
The parents of a Maine three-year old boy who accidentally shot himself with a loaded pistol filed a negligence suit against the owner of a Vermont home where the boy found the gun while on a visit. The boy’s family …
January 23, 2023
Google will pay Indiana $20 million to resolve the state’s lawsuit against the technology giant over allegedly deceptive location tracking practices, state Attorney General Todd Rokita announced. Rokitas filed a separate lawsuit against Google when negotiations between the company and …
January 23, 2023
Federal regulators have determined that a lack of safeguards during a maintenance shutdown led to a 2018 explosion at an oil refinery in Superior. The U.S. Chemical Safety Board released a final report on the April 2018 explosion at the …
January 23, 2023
Maritime Liability “This is an important change, inspired by the families of the 34 precious lives lost on the Conception in 2019, that will ensure families of future maritime disasters do not face the same antiquated laws when seeking the …
January 23, 2023
With last year’s 25% rate hikes for public directors and officers liability insurance dropping to 2.5%, and 150% hikes for cyber cover sinking to 25%, significant softening is forecast for some casualty lines in 2023. Those reduced price hikes are …
January 23, 2023
National Nationwide named Tony Beal as the new leader of the Nationwide National Partners team, responsible for managing key property/casualty distribution partner relationships. Before joining Nationwide, Beal was a senior vice president and P/C market relationship leader at Wells Fargo. …
January 23, 2023
East Marsh McLennan, HMS Insurance Marsh McLennan Agency, a subsidiary of global insurance broker Marsh, acquired Hunt Valley, Maryland-based HMS Insurance Associates Inc. Founded in 1943, HMS provides businesses and individuals in the Mid-Atlantic region with property/casualty insurance, surety, group …
January 23, 2023
Last month, insurance educator Chris Kendall, CPCU, ARM, et al., posted some results of a survey of 2,000 U.S. homeowners on LinkedIn. Conducted or commissioned by Goosehead Insurance Inc., one of the most revealing statistics was that 65% of policyholders …
January 23, 2023
A great opportunity exists for those who want to make a difference in their communities, clients’ lives, and businesses on a professional level. Insurance was created to protect people’s and businesses’ assets, i.e., to protect their balance sheets. When a …