23 12, 2020

Insuring Cannabis Summit: Legal Cannabis Space Moving at Light Speed

By | December 23rd, 2020|Uncategorized|Comments Off on Insuring Cannabis Summit: Legal Cannabis Space Moving at Light Speed

Editor’s note: This is part of a series of articles based on panels and presentations during Insurance Journal’s 2020 Insuring Cannabis Summit on Nov. 19. Things aren’t just moving fast in the legal cannabis space, they are moving very fast. …

23 12, 2020

Masks Help Curb COVID-19’s Spread But May Not be Enough at Close Distances

By | December 23rd, 2020|Uncategorized|Comments Off on Masks Help Curb COVID-19’s Spread But May Not be Enough at Close Distances

Simply wearing a face mask may not be enough to prevent the spread of COVID-19 without social distancing. In a new project Physics of Fluids, by AIP Publishing, researchers tested how five different types of mask materials impacted the spread …

23 12, 2020

Refusal to Settle for $2M Costs Ace Nearly $8M in Suit by Excess Insurer

By | December 23rd, 2020|Uncategorized|Comments Off on Refusal to Settle for $2M Costs Ace Nearly $8M in Suit by Excess Insurer

The defense team for Chubb Group’s Ace American Insurance Co. was confident that no jury would award more than $2 million in a wrongful death lawsuit filed by the family of Mark Braswell, who died on May 16, 2014 when …

23 12, 2020

Indiana Lawmakers to Push for Coronavirus Liability Shield

By | December 23rd, 2020|Uncategorized|Comments Off on Indiana Lawmakers to Push for Coronavirus Liability Shield

Indiana’s governor and legislative leaders are lining up in favor of giving a legal shield to businesses from COVID-19 lawsuits when the General Assembly returns to action next month. Supporters argue the liability protection is needed for factories, stores, restaurants …

23 12, 2020

Texas Surplus Lines Stamping Office: Fee Decreases on Jan. 1, 2021

By | December 23rd, 2020|Uncategorized|Comments Off on Texas Surplus Lines Stamping Office: Fee Decreases on Jan. 1, 2021

The Surplus Lines Stamping Office of Texas (SLTX) is reminding wholesale agents and brokers that the stamping fee for recording surplus lines insurance policies in Texas will be lower beginning on Jan. 1, 2021. The stamping fee will drop from …

23 12, 2020

Aon’s Eldredge Named General Counsel at Broker TigerRisk

By | December 23rd, 2020|Uncategorized|Comments Off on Aon’s Eldredge Named General Counsel at Broker TigerRisk

Insurance broker/advisor TigerRisk has appointed Daniel J. “Tad” Eldredge as partner and general counsel. He is located in Minneapolis, Minn. Eldredge comes to TigerRisk from Aon where he was chief counsel, Corporate and Americas, served on the Global Executive Committee …

23 12, 2020

Judge: Government Must Pay Lower Missouri River Landowners for Flood Damage

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The federal government must pay some landowners along the lower Missouri River for flooding damage caused by changes the Army Corps of Engineers made to the river to protect endangered species, a judge has ruled. The ruling this week by …

23 12, 2020

Michigan Recovers More than $16.2M for Insurance Consumers

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The Michigan Department of Insurance and Financial Services (DIFS) says it helped recover more than $16.2 million for consumers during the 2020 fiscal year, which ended Sept. 30. DIFS’ Office of Consumer Services helped consumers recover $9 million in settled …

23 12, 2020

Tennnessee High Court: Presumption Law Protects Agents, Carriers

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Under Tennessee law, policyholders who pay their premiums create a legal presumption that they have accepted the terms of coverage. The statute limits lawsuits by underinsured policyholders who thought they had enough coverage but found after a loss that they …

23 12, 2020

J.M. Wilson Promotes Gibbons to Sr. Transportation Underwriter in Ohio

By | December 23rd, 2020|Uncategorized|Comments Off on J.M. Wilson Promotes Gibbons to Sr. Transportation Underwriter in Ohio

Managing general agency and surplus lines insurance broker J.M. Wilson has promoted Ryan Gibbons as senior transportation underwriter in its Westerville, Ohio. office. Gibbons is responsible for underwriting new and renewal accounts for a wide variety of commercial transportation risks, …