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16 09, 2020

Two Hole-in-One Insurance Programs to Become One

By | September 16th, 2020|Uncategorized|Comments Off on Two Hole-in-One Insurance Programs to Become One

American Hole ‘n One, a provider of hole in one coverage, announced it will combine its operations with its sister company, National Hole-In-One. American Hole ‘n One acquired National Hole-In-One in 2014 and has been operating the two companies separately …

16 09, 2020

Uber Backup Driver Faces Homicide Charges in Fatal 2018 Arizona Crash

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The back-up safety driver behind the wheel of a self-driving Uber Technologies test vehicle that struck and killed a woman in Tempe, Arizona, in 2018 was charged with negligent homicide, prosecutors said on Tuesday. Rafael Vasquez, age 46, who is …

16 09, 2020

Alliant Names Willis’ Shapiro Senior Vice President in California

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Alliant Insurance Services Inc. has named Larry Shapiro senior vice president in mergers and acquisitions. Shapiro will serve as the representations and warranties team leader and be based in San Francisco, Calif. He will provide risk solutions to private equity …

16 09, 2020

Louisville Agrees to Pay Breonna Taylor’s Family $12 Million, Enact Police Reforms

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Louisville, Kentucky agreed to pay the family of Breonna Taylor a $12 million settlement and enact a series of reforms as part of the largest police misconduct payout in the city’s history after officers shot and killed the unarmed Black …

16 09, 2020

Casualty Reinsurance Demand Rises in N. America Despite Hardening Primary Rates

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Although there is a significant market correction taking place in the North American liability insurance market, demand for casualty reinsurance is increasing, said Chirag Shah, executive vice president, Casualty Reinsurance, at Willis Re. Low interest rates, economic volatility, social inflation …

16 09, 2020

UK Businesses Wait to See if Their Insurers Will Appeal COVID-19 Insurance Ruling

By | September 16th, 2020|Uncategorized|Comments Off on UK Businesses Wait to See if Their Insurers Will Appeal COVID-19 Insurance Ruling

LONDON — Murray Pulman says he is as tough as they come, but battles with his insurer have left him close to tears after a coronavirus lockdown forced his family-run cafe The Posh Partridge to close. Pulman was counting himself …

15 09, 2020

London Court Rules Some Insurers Should Not Have Denied Business Interruption Claims

By | September 15th, 2020|Uncategorized|Comments Off on London Court Rules Some Insurers Should Not Have Denied Business Interruption Claims

LONDON — London judges have ruled that some of the world’s biggest insurers were wrong to reject thousands of claims from small firms battered by the COVID-19 pandemic, Britain’s Financial Conduct Authority (FCA) said on Tuesday. The FCA, which brought …

15 09, 2020

U.S. Court Upholds State Tax on Drugmakers to Defray Opioid Crisis Costs

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A federal appeals court on Monday cleared the way for New York state to collect about $200 million from drug manufacturers and distributors by imposing a surcharge on them to defray the costs of combating the opioid addiction epidemic. The …

15 09, 2020

Connecticut Sues Exxon for Deceiving Consumers About Climate Change

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Connecticut filed a lawsuit on Monday against oil giant Exxon Mobil Corp for misleading the public over the impacts of climate change, becoming the latest state to target the fossil fuel industry for violating state consumer protection laws. The state’s …

15 09, 2020

Pennsylvania Authorities Arrest Alleged Fraud Network Participants

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Pennsylvania authorities filed criminal charges on July 13 in Dauphin County against Kenneth Torres, Louis Torres, Ruth Negron-Acevedo, Juan Lopez-Barco and Philadelphia-based businesses EZ Multi-Services and Saul Auto Tags. According to the criminal complaints, the arrests stemmed from a multi-year …