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Firms Hit by Harvey, Irma Hope Business Interruption Coverage Pays Off

Business owners who are trying to get back on track after hurricanes Harvey and Irma now face a different sort of challenge: trying to recoup lost income from their insurers. Exclusions in the fine print of policies, along with waiting …

Trump Administration Now Open to Remaining in Paris Climate Accord Under Certain Conditions

The United States could remain in the Paris climate accord under the right conditions, Secretary of State Rex Tillerson said on Sunday. President Donald Trump was willing to work with partners in the Paris agreement if the United States could …

Ex-Coal CEO Asks Supreme Court to Toss West Virginia Mine Blast Conviction

Attorneys for former Massey Energy CEO Don Blankenship have made a last pitch to the U.S. Supreme Court to throw out his conviction connected to a 2010 West Virginia mine explosion that killed 29 miners. Attorneys for Don Blankenship say …

Berkley to Offer Per Project Primary Limits for Design Firms

Berkley Design Professional (Berkley DP), a division of Berkley Alliance Managers, a Berkley Company, has enhanced its coverage for the architects & engineers professional liability segment with a new “Per Project Primary Limits” coverage for design firm customers. This new …

What Went Wrong at Florida Nursing Home Where 8 Residents Died

The first 911 call from the Rehabilitation Center at Hollywood Hills didn’t sound ominous: A nursing home patient had an abnormal heartbeat. An hour later, came a second call: a patient had trouble breathing. Then came the third call. A …

Georgia Insurance Head Directs Insurers to Exercise Leniency in Wake of Irma

Georgia’s insurance commissioner has issued a stern message to the insurance industry in the aftermath of Hurricane Irma, saying in a directive to insurance companies on Thursday that they are to exercise leniency in dealing with Georgia residents that may …

A.M. Best: Hurricane Irma to Test Florida Market Newbies

Although insured losses as a result of Hurricane Irma will not be as severe as originally forecast, the storm still represents a sizeable catastrophe event that will test the infrastructure and potentially strain the financial wherewithal of some local and …

Hurricane Maria Speeds Up, Threatening Already-Battered Caribbean Islands

For the third time this month, a hurricane is spinning toward the already battered Caribbean and gathering strength along the way. The National Hurricane Center upgraded tropical storm Maria to a hurricane Sunday as winds picked up to 90 miles …

Miami’s Downed Construction Cranes Spark Debate on Safety

In Miami’s central Edgewater district along Biscayne Bay on Wednesday, a collapsed construction crane hung from the top of a high-rise condominium under development, dangling over low-rise apartments below. Residents wondered why it hadn’t been taken down or better secured …

Cincinnati’s Fifth Third Insurance Agency to Acquire Epic Insurance Solutions

Fifth Third Insurance Agency Inc., an indirect, wholly owned subsidiary of Cincinnati, Ohio-based Fifth Third Bancorp, has agreed to acquire Epic Insurance Solutions Agency LLC, which also recently announced it will acquire Integrity HR Inc. Both transactions are expected to …

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