21 12, 2020

Insuring Cannabis Summit: There Were Crop Risks Aplenty in 2020

By | December 21st, 2020|Uncategorized|Comments Off on Insuring Cannabis Summit: There Were Crop Risks Aplenty in 2020

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. Is there a lot of risk in cannabis crops that insurance professionals should know about? …

21 12, 2020

Court Allows Dr. Seuss’s Estate to Sue ComicMix Over ‘Star Trek’ Mashup

By | December 21st, 2020|Uncategorized|Comments Off on Court Allows Dr. Seuss’s Estate to Sue ComicMix Over ‘Star Trek’ Mashup

Dr. Seuss’s estate may sue the publisher of a “Star Trek”-themed “mash-up” of the famed children’s author’s final book because it was not protected as “fair use,” a federal appeals court ruled on Friday. Reversing a lower court ruling, the …

21 12, 2020

Cyber Experts Race to Secure Networks Following Broad Cyber Attack on U.S.

By | December 21st, 2020|Uncategorized|Comments Off on Cyber Experts Race to Secure Networks Following Broad Cyber Attack on U.S.

Russian hackers who broke into U.S. government agencies also spied on less high-profile organizations, including groups in Britain, a U.S. internet provider and a county government in Arizona, according to web records and a security source. More details were revealed …

21 12, 2020

Unclear Policy Endorsement Makes Excess Insurer Liable for Fuel Spill

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Confusing language in a policy issued by an excess insurer puts the carrier on the hook for up to $5 million in clean-up costs after a policyholders’ tanker truck overturned and spilled its load of fuel, the 1st Circuit Court …

21 12, 2020

Outlooks Revised to Negative for Iowa’s United Fire Group, Property/Casualty Subs

By | December 21st, 2020|Uncategorized|Comments Off on Outlooks Revised to Negative for Iowa’s United Fire Group, Property/Casualty Subs

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” of the property/casualty (P/C) subsidiaries of United Fire Group Inc. …

18 12, 2020

California Workers’ Comp Written Premium Down 12% over 9 Months of 2020

By | December 18th, 2020|Uncategorized|Comments Off on California Workers’ Comp Written Premium Down 12% over 9 Months of 2020

Workers’ compensation written premium in California for the first nine months of 2020 was 12% below that for the first nine months of 2019, according to a quarterly experience report released on Friday by the Workers’ Compensation Insurance Rating Bureau …

18 12, 2020

$1M Settlement in Pricey California Beach Hotel Dispute

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The owners of a Santa Monica beachfront hotel built without proper permits have agreed to pay $1 million in penalties and restitution to Los Angeles County, prosecutors said Wednesday. As part of the final judgment, the Shore Hotel has agreed …

18 12, 2020

AXA XL Names Marsh’s Barker to Lead Aviation Insurance Business in Canada

By | December 18th, 2020|Uncategorized|Comments Off on AXA XL Names Marsh’s Barker to Lead Aviation Insurance Business in Canada

AXA XL has appointed Alex Barker to lead its aviation insurance business in Canada. Barker will report to Eric Donofrio, chief underwriting officer, Aerospace, Americas, and to Renato Rodrigues, country manager, Canada. Barker joins AXA XL from Marsh and MacLennan …

18 12, 2020

Oregon Judge Allows Suit Filed by 29 Women to Proceed Against Ex-Doctor

By | December 18th, 2020|Uncategorized|Comments Off on Oregon Judge Allows Suit Filed by 29 Women to Proceed Against Ex-Doctor

A judge has denied a request by a former suburban Portland, Ore. doctor to put a two-year hold on a civil case filed against him by 29 patients who allege he sexually abused them. Multnomah County Circuit Judge Melvin Oden-Orr …

18 12, 2020

Government Ordered to Pay Landowners on Lower Missouri River

By | December 18th, 2020|Uncategorized|Comments Off on Government Ordered to Pay Landowners on Lower Missouri River

OMAHA, Neb. (AP) — 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 …