May 22, 2023
Insurers and reinsurers who are members of the Net-Zero Insurance Alliance (NZIA), received a letter from 23 attorneys general raising potential legal concerns that might arise from their commitment to collaborate with other insurers to advance an “activist climate agenda.” …
May 22, 2023
Just as the plaintiffs’ law firm of Morgan & Morgan warned, the number of Florida lawsuits filed across the state has shattered previous records, topping 280,122 in April, the Florida Bar reported. That’s more than double the previous record set …
May 22, 2023
Connecticut lawmakers, shaken by the death of a colleague killed in a wrong-way crash earlier this year, unanimously approved a bill Wednesday that attempts to curtail the growing problem of wrong-way drivers. The legislation calls for the installation of detection …
May 22, 2023
New Jersey environmental officials will allow a shore town to carry out emergency repairs to its badly eroded beachfront, even as they continue a years-long fight with city officials over how best to protect the popular Jersey Shore resort’s fragile …
May 22, 2023
Venbrook Group, LLC named Juan Aguilar chief financial officer. Aguilar has 20 years of industry experience, most recently serving 15 years at Aon PLC, where he held leadership roles across finance, operations and business strategy and development. Before Aon, he …
May 22, 2023
ACE American Insurance Company (Chubb) says it has no duty to defend a Texas Subway franchise sued by the family of a former worker killed on site by an ex-boyfriend. In a complaint for declaratory relief filed in the US …
May 22, 2023
PT Pro for Part-Time Professionals Market Detail: Vanguard Specialty’s PT Pro program is specifically dedicated to part-time professionals, offering professional liability insurance to freelance lawyers, accountants, tech professionals, consultants and miscellaneous classes. Has pen. Available Limits: Not disclosed. Carrier: Nationwide; …
May 22, 2023
Insurers may not use a war exclusion to deny coverage to Merck & Co. for a 2017 cyberattack blamed on the Russian military, a panel of the New Jersey Appellate Division ruled. The panel affirmed a decision by the Union …
May 22, 2023
Spectator Safety, Natural Catastrophes, Rising Costs Top Concerns Today As theater shows and live events return to full force this year coming off pent-up demand, underwriters are placing extra scrutiny on safety, resulting in increased rates and tightly worded policies. …
May 22, 2023
Claims made insurance policies have existed for a long time. For specialty line insurance policies, such as directors and officers liability, professional liability, cyber liability etc., they are the most common type of policy issued. They are complex, and depending …