The Hartford has no duty to defend or indemnify a policyholder that was accused of using another company’s federally protected trademark, a federal court in Maryland has ruled. The case pitted The Hartford against its insured, Marvin J. Perry Inc., …
An insurer can’t cite the commonly used earth movement exclusion to deny coverage to an insured whose property was damaged by excavation to a neighboring lot, a New York Appeals Court has ruled. The case pitted the owner of condo …
Newly Reconstituted as Kingstone Insurance Co. DCAP Group Inc., an upstate New York franchiser of independent agencies, is ditching its franchise insurance business as part of a strategic move to exit the retail insurance business as it morphs into a …
An insurer can deny liability coverage to a New Hampshire climbing gym because it failed to get a waiver from a climber who was later seriously hurt, the state’s Supreme Court has ruled. The decision centered on a lawsuit between …
Law Bars State from Regulating Insolvent PRI New York’s second-largest medical malpractice insurer is more than $43 million in the hole, according to new regulatory filings, but state regulators are legally forbidden from initiating the process to liquidate or otherwise …
Allstate Announces Plan to Begin Writing After Generation-Long Hiatus Direct writers continue to target the Massachusetts personal auto insurance market, as one major national carrier announced it has written its first policy in the state and another says it will …
Don’t be fooled by the AIG headlines: Not all of the insurance industry is in retreat mode. In some pockets of the Northeast and Mid-Atlantic, carriers are continuing to pursue downright aggressive growth strategies – and many are even seeing …
Insurance agency managers could learn a lot from a beet-farming, volunteer sheriff and paper salesman like Dwight Schrute. Schrute, the character played by Rainn Wilson on NBC’s “The Office,” is a comic oddball whose eccentricities and awkward interactions leave his …
The Hanover’s CEO Fred Eppinger says the specialty lines business will be a key growth engine for the Worcester, Massachusetts-based super-regional insurer in the next several years. Over the last year, revenue from specialty lines at The Hanover has grown …
New York’s second-largest medical malpractice insurer is more than $43 million in the hole, according to new regulatory filings, but state regulators are legally forbidden from initiating the process to liquidate or otherwise overhaul the company. The March 31 quarterly …
