New Jersey has joined several other U.S. states in deciding that if a subcontractor’s defective work damages parts of a general contractor’s project, the damages are covered under the general contractor’s standard commercial general liability (CGL) policy. The New Jersey …
Metal theft became a growing concern post financial crisis due to rising global demand for scrap metal, and although economic conditions have slowed demand recently, this expensive crime is still causing headaches for the insurance industry. “[Metal theft] is a …
Maine Bureau of Insurance Superintendent Eric Cioppa has denied Progressive’s request to raise auto insurance rates for new customers above the age of 65. Cioppa stated in the August 10 ruling that the move would have affected more than 65,000 …
A New York court has ruled in favor of an electrician seeking recovery of unsatisfied judgment from his employer and its insurance company after being injured on the job. Pramendra Persaud was injured after falling off of a balcony while …
