Canopius CUO Duffy to Retire Next Year Canopius Group, the London-based global specialty re/insurer, announced that, after nearly 17 years of service, Group Chief Underwriting Officer Mike Duffy will retire in 12 months’ time. Duffy joined Canopius in January 2006 …
Choice Financial Group reported that it has acquired property/casualty insurance agency Fonner Insurance Associates in Abington, Pennsylvania. Fonner has served the greater Philadelphia area for 30 years led by the Fonner family. William and Eric Fonner will continue managing the …
The Rhode Island Supreme Court recently revisited the “going-and-coming” rule that generally excludes workers’ compensation benefits where an injured worker is traveling to or from work. The court has affirmed — and slightly modified— an exception to that rule concerning …
Florida restaurants have had little success in recent lawsuits against Lloyd’s of London over insurance coverage for shutdowns during the COVID-19 pandemic. On Wednesday, Florida’s 3rd District Court of Appeal, in the first COVID-coverage ruling by a Florida state appeals …
The largest wildfire in the U.S. was spreading toward mountain resort towns in northern New Mexico, prompting officials to issue another set of warnings for more people to evacuate. Meanwhile, a wildfire that erupted Wednesday afternoon in coastal Southern California …
A top Senate Republican released an investigation that concluded Los Angeles Mayor Eric Garcetti “likely knew or should have known” that a former top adviser was allegedly sexually harassing city employees, a finding that appears to contradict the mayor’s assertion …
California’s water use jumped dramatically in March, state officials said Tuesday, as one of the driest stretches on record prompted a wave of homeowners to start watering their lawns earlier than usual in defiance of Gov. Gavin Newsom’s pleas for …
Marsh Launches Renewable Energy Facility Insurance broker Marsh announced the launch of a renewable energy facility that provides streamlined, dedicated insurance capacity for mid-scale solar and battery energy storage system (BESS) risks in the U.S. and Canada. According to the …
Assisted driving systems installed in Tesla Inc., Hyundai Motor Co. and Subaru Corp. vehicles failed to avoid head-on collisions in testing done by AAA, though Tesla’s Autopilot system did slow the vehicle to a walking speed before striking an oncoming, …
Families of the 98 victims of the 2021 condominium collapse near Miami Beach, along with injured survivors, could split hundreds of millions of dollars in payouts under a preliminary settlement agreement announced Wednesday. The settlement will top $997 million, the …
