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22 03, 2021

Two Arrested After Fire in Vermont Hotel Room That Injured Woman

By | March 22nd, 2021|Uncategorized|Comments Off on Two Arrested After Fire in Vermont Hotel Room That Injured Woman

Two people have been arrested after police responded to what they called a suspicious fire at a hotel in Berlin that critically injured a woman. A fire ignited in the 56-year-old woman’s room at the Hilltop Inn, Berlin police said. …

22 03, 2021

Massachusetts Seeks Input on Use of Gas Explosions Settlement Money

By | March 22nd, 2021|Uncategorized|Comments Off on Massachusetts Seeks Input on Use of Gas Explosions Settlement Money

Massachusetts is asking residents and businesses in three communities affected by a series of natural gas explosions and fires in September 2018 how to spend some of the money from a settlement with the utility found responsible for the disaster. …

22 03, 2021

Pennsylvania’s Bedivere Insurance Company to Be Liquidated

By | March 22nd, 2021|Uncategorized|Comments Off on Pennsylvania’s Bedivere Insurance Company to Be Liquidated

The Pennsylvania Commonwealth Court has approved the liquidation of Bedivere Insurance Company, formerly One Beacon Insurance Company, recognizing that the company’s financial liabilities have exceeded its assets. Belvedere, a domestic stock property/casualty company based in Pennsylvania, has consented to the …

22 03, 2021

New Mexico Court Upheld Damages Cap in Medical Malpractice

By | March 22nd, 2021|Uncategorized|Comments Off on New Mexico Court Upheld Damages Cap in Medical Malpractice

New Mexico’s highest court has ruled that monetary limits on some types of damages due to medical malpractice are not unconstitutional. The New Mexico Supreme Court on Monday unanimously upheld the Medical Malpractice Act, which maintains non-medical and non-punitive damages …

22 03, 2021

$3.2M in Damage from California Fireworks Explosion

By | March 22nd, 2021|Uncategorized|Comments Off on $3.2M in Damage from California Fireworks Explosion

A massive fireworks explosion that left two people dead in Southern California earlier this week caused at least $3.2 million worth of damage, officials said. Residents began returning to their homes over the weekend after evacuating when Tuesday’s blasts rained …

22 03, 2021

Japanese Carmakers Assess Effect on Supply Chain of Renesas Chip Plant Fire

By | March 22nd, 2021|Uncategorized|Comments Off on Japanese Carmakers Assess Effect on Supply Chain of Renesas Chip Plant Fire

TOKYO – Toyota, Nissan, Honda and other Japanese carmakers scrambled on Monday to assess the impact on their production of a fire at a Renesas Electronics chip plant that could aggravate a global semiconductor shortage. Renesas has said it will …

22 03, 2021

Colorado Workers’ Comp Carrier Distributing Dividends to 53K Companies

By | March 22nd, 2021|Uncategorized|Comments Off on Colorado Workers’ Comp Carrier Distributing Dividends to 53K Companies

Pinnacol Assurance in Colorado is distributing general dividend checks to its customers totaling $50 million This is the sixth straight year the workers’ compensation carrier has distributed dividends. Nearly 53,000 employers in all counties throughout the state, or roughly 95% …

22 03, 2021

Florida to Hold Hearing on Proposed National Specialty 24.9% Rate Increase

By | March 22nd, 2021|Uncategorized|Comments Off on Florida to Hold Hearing on Proposed National Specialty 24.9% Rate Increase

The Florida Office of Insurance Regulation will conduct a virtual rate hearing this week on a proposed 24.9% rate increase filed by National Specialty Insurance Co. for its homeowners multi-peril lines of business. Velocity Risk Underwriters, LLC is the Florida …

22 03, 2021

Amwins Launches Alarm Contractors Program

By | March 22nd, 2021|Uncategorized|Comments Off on Amwins Launches Alarm Contractors Program

Amwins Program Underwriters has developed a new insurance coverage dedicated to alarm contractors that includes commercial general liability, professional liability, property and inland marine coverage. The new Alarm Contractors insurance program can be tailored to meet the needs of alarm …

22 03, 2021

Florida Man Sentenced to 3 Years for Lying About Hurricane Irma Damage

By | March 22nd, 2021|Uncategorized|Comments Off on Florida Man Sentenced to 3 Years for Lying About Hurricane Irma Damage

A Florida man has been sentenced to three years in federal prison for lying about damage caused by Hurricane Irma. Steven Rembert, 49, of Orange County, was sentenced Monday in Orlando federal court, according to court records. He pleaded guilty …