July 25, 2023
The topic of a recent California insurance department workshop was the potential use of catastrophe modeling in ratemaking, but carrier representatives and consumers took the opportunity to air concerns about other problems in the state’s insurance market. The state’s growing …
July 25, 2023
When federal workplace safety inspectors returned to a Boston food plant in March 2023, they said they discovered the plant’s operator — Chinese Spaghetti Factory Inc. — still had not installed required safety guards on a dumpling machine’s rotating shafts, …
July 25, 2023
Florida-based global insurance broker Brown & Brown, Inc. has agreed to acquire Vermont-based wholesale broker New England Excess Exchange (NEEE). The acquisition will be through Bridge Specialty Group, the wholesale insurance division of Brown & Brown with more than 25 …
July 25, 2023
Governor Ned Lamont has submitted a request to the U.S. Department of Agriculture for a federal agriculture disaster declaration for all eight counties in Connecticut due to the significant damage that occurred to farms and crops statewide from flooding, particularly …
July 25, 2023
A New Hampshire executive pastor has been sentenced to 18 months in prison for stealing about $130,000 from his church to pay off gambling debts and make purchases. Gregory Neal, of Barrington, 45, was sentenced in federal court Wednesday and …
July 24, 2023
More than 30 people were injured when a deck collapsed at a Montana country club during a weekend golf tournament, police and city officials said. The second-story patio floor of Billings` Briarwood Country Club broke and gave way Saturday evening. …
July 24, 2023
About the same time that it announced a major pull-back from the Florida and California markets, Farmers Insurance also sent thousands of nonrenewal notices to Georgia homeowners. In Georgia, though, the carrier appears to have misunderstood the state’s rather unique …
July 24, 2023
Whether a half-inch granite protrusion on a crosswalk under repair is sufficient to support a negligent claim is a matter for a jury to decide, not a court granting summary judgment for a contractor doing work for a municipality. Furthermore, …
July 24, 2023
Marsh said today that Pat Donnelly has been appointed as president, Marsh Specialty and Global Placement, effective immediately. Donnelly was formerly president of Marsh’s US business since the start of 2022. Prior to that, he was head of Marsh Specialty …
July 24, 2023
Alphabet’s Google violated a software developer’s patent rights with its remote-streaming technology and must pay $338.7 million in damages, a federal jury in Waco, Texas decided on Friday. The jury found that Google’s Chromecast and other devices infringe patents owned …