A Louisiana district court judge last week ordered the liquidation of Lighthouse Property Insurance Co., the troubled homeowners insurer who held policies in Louisiana, Florida, Texas, North Carolina and South Carolina. Judge Richard “Chip” Moore, III of the 19th Judicial …
Three people were injured in a windswept fire that ripped through a landmark North Conway, New Hampshire hotel Saturday afternoon. Two were firefighters who were battling the blaze at the Red Jacket Mountain View Resort in North Conway. None of …
The California FAIR Plan is now offering increased coverage limits for commercial and business properties. The higher limits are being made available in response to customer requests for FAIR Plan coverage of higher value commercial properties. California Insurance Commissioner Ricardo …
San Diego County lawyers are seeking to wipe out an $85 million jury award to the family of man who died after being restrained by sheriff’s deputies in 2015, or get a new trial in the lawsuit that generated the …
Hard drives, laptops, cellphones, office equipment, door access key cards, gas cards and other items were stolen during a recent burglary at the Washington State Department of Labor & Industries regional office in Tukwila. The Tukwila Police Department is investigating …
As in other states that have legalized medical marijuana, Florida has seen a huge increase in doctors, users and dispensary businesses in the last few years, thanks in part to the COVID-10 pandemic. “Cannabis is one of the few industries …
Residents of a Black neighborhood in north Georgia lost more than $5 million on their properties when their homes were destroyed and replaced with university dorms and parking lots more than 50 years ago, according to an analysis by University …
Ping An Insurance (Group) Co., China’s largest insurer by market value, said profit fell 24% and warned that outbreaks of COVID in the world’s second-biggest economy pose a threat to near-term growth. Net income dropped to 20.7 billion yuan ($3.1 …
The business opportunities provided by the global transition to net zero is potentially large enough to double the size of the London insurance market, according to the London and International Insurance Brokers’ Association (LIIBA). An analysis by the UK broker …
Tryg A/S and Intact Financial Corp., have completed the sale of Codan Forsikring A/S’ Danish business to Alm. Brand A/S, after receiving all required approvals. On June 11 2021, it was announced that Codan DK would be acquired by Alm. …