Insurers have succeeded in dismissing COVID-19 business-interruption lawsuits in 17 out of 23 cases heard so far, with a growing number of judges finding that some tangible alteration of a property is required to trigger coverage under commercial property policies. …
A court last week approved a settlement totaling $800 million from casino company MGM Resorts International and its insurers to more than 4,400 relatives and victims of the Las Vegas Strip shooting that was the deadliest in recent U.S. history. …
Worldwide Facilities LLC, a national wholesale insurance broker, managing general agent and program underwriter, has acquired Hunt Jorgensen LLC, a managing general underwriter specializing in professional liability insurance and related risk management services. Hunt Jorgensen LLC is headquartered in Maywood, …
CMIC Group has rebranded as Integris Group and reorganized into a mutual insurance holding company, after having received approval by the Connecticut Insurance Department on September 17, 2020, as well as from the CMIC Group board and its membership. In …
A Virginia General Assembly bill is likely dead for the session that would have held localities accountable for damages caused by protesters if an adequate police response was not provided. Del. Mark Cole, R-Fredericksburg, said he proposed House Bill 5026 …
A test case brought by Britain’s markets regulator against some of the world’s biggest insurers will jump straight to the Supreme Court after London’s High Court agreed to a fast-track appeal on Friday. Although expedited, the appeal will further delay …
The Alabama Department of Insurance has issued a bulletin providing information and directives regarding current deadlines/requirements in the Producer Licensing Division related to the COVID-19 emergency. The Oct. 1, 2020 bulletin modifies bulletins issued on March 25, April 29, May …
In an effort to get drivers to keep their eyes on the road while they’re behind the wheel, law enforcement officers in Georgia plan to participate in a statewide crackdown on distracted driving. State and local officers are joining a …
A federal appeals court on Friday reinstated a 2017 jury verdict ordering Teva Pharmaceutical Industries Ltd. to pay GlaxoSmithKline Plc $235.5 million for selling a generic version of Glaxo’s heart drug Coreg. In a 2-1 decision, the U.S. Federal Circuit …
IMA Inc. has named Michael Hennessey as vice president, cannabis national practice leader. Hennessey is based in California. He will lead business development and client service efforts across the U.S. He joins IMA after holding a leadership role at ABD …