Small Business Revolution March 7, 2022 By Andrea Wells Optimism, Resiliency Open New Doors for Sector Sector Buoyed by Record Start-Ups, Pandemic Resiliency The global pandemic, economic recession and...
Social Inflation Increased Commercial Auto Claim Costs by $20B Over 10 Years March 7, 2022 By Jim Sams The insurance industry is ringing alarm bells about the cost of social inflation again, this time with the help of...
Supreme Court Asked to Resolve Federal Drug Law v. State Medical Marijuana Laws Debate March 7, 2022 By Andrew G. Simpson The U.S. Supreme Court has been asked to address whether the federal drug law that criminalizes possession of marijuana invalidates...
U.S. P/C Industry Grew Surplus Despite Underwriting Loss in 2021 March 7, 2022 By Chad Hemenway Insurance rating agency AM Best said it expects the U.S. property/casualty insurance industry to record an increase in surplus in...
Texas Supreme Court Allows For Exception to 8-Corners Rule March 7, 2022 By Jim Sams For more than 50 years, insurers have known that their duty to defend a Texas policyholder from a lawsuit must...
California Couple Sentenced in $1M Workers’ Comp Fraud Case March 7, 2022 Carmen Hall Soruco, 70, and her husband Antonio Soruco, 75, both of Novato, California, were sentenced after pleading guilty to...
Lawsuit: Faulty Equipment Killed California Firefighters March 7, 2022 The families of two California firefighters killed in a 2020 blaze are suing several makers of life-saving equipment for negligence,...
Washington Roofing Manufacturer Fined $100K in Worker Death March 7, 2022 The failure to follow lockout/tagout procedures was directly connected to the death of a worker in Sumas, Washington, when an...
AIG to Move High Net Worth Homeowners to E&S March 7, 2022 By Chad Hemenway Peter Zaffino, CEO of American International Group (AIG), said the company’s ongoing analysis of the increased frequency and severity of...
Cyber Market Primed to Grow and Eclipse Property by 2040: Gallagher Re March 7, 2022 By Chad Hemenway Following a pause to stabilize the vessel, the cyber market is poised for a wave of growth that could make...