News Archives - Insurance Journal

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30 03, 2022

New York Insured’s Lies About Pool Voided Coverage for Apartment Building Fire

By | March 30th, 2022|Uncategorized|Comments Off on New York Insured’s Lies About Pool Voided Coverage for Apartment Building Fire

Union Mutual Fire Insurance Co. was within its rights to rescind insurance coverage for a New York apartment building fire after learning that the insured lied about having a swimming pool—on more than one occasion. The plaintiff, Arkady Nabatov, obtained …

30 03, 2022

U.S. SEC Proposes Boosting Blank-Check Company Disclosures, Liability

By | March 30th, 2022|Uncategorized|Comments Off on U.S. SEC Proposes Boosting Blank-Check Company Disclosures, Liability

Proposal requires SPACs disclose conflicts during, after listing Disclosures must be issued at least 20 days before deal vote Rule would strip SPACs of legal safe harbor for projections Wall Street’s regulator on Wednesday unveiled a draft new rule to …

30 03, 2022

South Dakota Hires Firm to Track Cannabis From Seed to Sales

By | March 30th, 2022|Uncategorized|Comments Off on South Dakota Hires Firm to Track Cannabis From Seed to Sales

The South Dakota Department of Health has hired a New York-based software company to help monitor the flow of marijuana in the state’s legal medical marijuana market. The Argus Leader reports the contract with Metrc was finalized this month. Metrc …

30 03, 2022

AM Best Assigns Oklahoma’s Bricktown Specialty Excellent Rating

By | March 30th, 2022|Uncategorized|Comments Off on AM Best Assigns Oklahoma’s Bricktown Specialty Excellent Rating

AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Bricktown Specialty Insurance Company (BSIC) of Oklahoma City, Oklahoma. The outlook assigned to these Credit Ratings (ratings) is stable. …

30 03, 2022

Texas’ Skyward Specialty Expands D&O Solutions for Non-Standard HOA Market

By | March 30th, 2022|Uncategorized|Comments Off on Texas’ Skyward Specialty Expands D&O Solutions for Non-Standard HOA Market

Houston, Texas-based Skyward Specialty Insurance Group, Inc. is expanding its Management Liability solutions by offering targeted directors and officers (D&O) coverage to Non-Standard Non-Profit Condominium and Homeowner Associations (HOA). With the new coverage, Skyward Specialty says board members of non-standard, …

30 03, 2022

Texas’ Skyward Specialty Expands D&O Solutions for Non-Standard HOA Market

By | March 30th, 2022|Uncategorized|Comments Off on Texas’ Skyward Specialty Expands D&O Solutions for Non-Standard HOA Market

Houston, Texas-based Skyward Specialty Insurance Group, Inc. is expanding its Management Liability solutions by offering targeted directors and officers (D&O) coverage to Non-Standard Non-Profit Condominium and Homeowner Associations (HOA). With the new coverage, Skyward Specialty says board members of non-standard, …

30 03, 2022

Georgia Tree Company Supervisor Pleads Guilty in Murder of Whistleblowing Worker

By | March 30th, 2022|Uncategorized|Comments Off on Georgia Tree Company Supervisor Pleads Guilty in Murder of Whistleblowing Worker

A man who helped supply undocumented and uninsured immigrant labor to a tree removal company in Georgia has pleaded guilty to aiding in the 2017 murder of a worker who tried to blow the whistle on the practices. Federal prosecutors …

30 03, 2022

Georgia Tree Company Supervisor Pleads Guilty in Murder of Whistleblowing Worker

By | March 30th, 2022|Uncategorized|Comments Off on Georgia Tree Company Supervisor Pleads Guilty in Murder of Whistleblowing Worker

A man who helped supply undocumented and uninsured immigrant labor to a tree removal company in Georgia has pleaded guilty to aiding in the 2017 murder of a worker who tried to blow the whistle on the practices. Federal prosecutors …

30 03, 2022

Applied Underwriters New Omaha, Nebraska Headquarters Tops Out

By | March 30th, 2022|Uncategorized|Comments Off on Applied Underwriters New Omaha, Nebraska Headquarters Tops Out

Applied Underwriters’ mixed-use, 500-acre development on land formerly part of Boys Town in Omaha, Nebraska reached a milestone in its construction Tuesday as the company’s own operational headquarters on the site was topped out. Topping out refers to when the …

30 03, 2022

Relation Acquires Wisconsin’s Woller-Anger

By | March 30th, 2022|Uncategorized|Comments Off on Relation Acquires Wisconsin’s Woller-Anger

Relation Insurance Services, Inc. announced it acquired the assets of Wisconsin-based Woller-Anger & Company. Terms of the transaction were not disclosed. Woller-Anger & Company is a full-service retail insurance agency, and offers commercial lines, personal Ines, and life & health …