Insurance broker World Insurance Associates reports that it has acquired the business of Thomas J. Woods Insurance Agency, Inc. of Worcester, Massachusetts. TJ Woods was founded in 1949, and is a property/casualty agency, providing personal and business insurance. Terms of …
A licensed insurance agent, and the insurer she represents, owe a duty of care to a customer to explain coverages but neither the agent nor the insurer has a fiduciary duty to an insured under Connecticut law. U.S. District Judge …
Lawmakers in Albany and New York City are pushing measures they hope will curb incidents of lithium-ion battery fires, which have risen in the past few years. They include measures requiring that all batteries and chargers being sold be certified …
A New York federal judge has refused to lower the curtain on a Covid-19 business loss claim by the owner of five Broadway theaters because the entertainment insurance policy language is ambiguous as to whether the theater suffered one loss …
A Massachusetts hospital has been denied its insurance claims for Covid-19 related costs and lost revenues under business interruption and disease contamination provisions of its property insurance policies. U.S. District Judge Nathaniel M. Gorton of the federal court in Boston …
Two Trumbull Insurance customers who believe they were short-changed on claims payments have filed a proposed class action suit against the insurer, alleging Trumbull has been incorrectly calculating some property claim payments by deducting labor depreciation. The complaint (Grawe v …
A federal judge in New Jersey has ruled that a New Jersey property owner is not entitled to insurance coverage for a shooting because it never disclosed it owned the banquet hall where the shooting took place on its two …
After four years of multidistrict litigation, a federal judge in Pennsylvania has dismissed 1,189 lawsuits claiming the Zostavax shingles vaccine by drugmaker Merck did not do what it was supposed to do and instead caused them to suffer from shingles …
The U.S. District Court for Eastern Virginia has dismissed a complaint by petcare and food company Mars Inc. seeking insurance coverage for COVID-19-related business interruption claims. Insurer FM Global sought and won the dismissal of the complaint against the $5 …
The small town of Gilmanton, New Hampshire and a selectman who owns a winery have successfully defended themselves against multiple claims of defamation brought by a well-known and politically active local couple. But the town must face further legal proceedings …