The world’s number three insurance broker is the latest to express its commitment to delivering net zero greenhouse gas emissions across its business operations.
Representatives from State Farm, Geico, Progressive and multiple insurance trade organizations came out against a sweeping overhaul of Florida’s automobile insurance laws proposed by state lawmakers this session.
Gallatin County and a snowplow driver who was involved in a 2017 collision have filed a complaint in federal district court against Atlantic Special Insurance Company, alleging that the insurer acted in bad faith and breached its contract with the county.
The New Jersey Supreme Court just issued a decision that requires insurers and employers to reimburse injured workers for the use of medical marijuana. In the case, lawyers for an employer argued that reimbursing for medical marijuana would in effect be ‘aiding and abetting and conspiracy liability under federal law.’
Four drugmakers are set to face trial on Monday in a lawsuit by several large counties in California that are seeking more than $50 billion over claims the companies helped fuel an opioid epidemic by deceptively marketing addictive painkillers.
Arch Capital Group, the global insurance and reinsurance specialist underwriter, has pre-announced an expectation of suffering up to $190 million of first-quarter catastrophe losses, the majority of which seem to be from the US winter storms, on which the company pegs an up to $16 billion industry loss estimate.
In the year of ‘pandemic pets,’ homeowners’ dog-bite injury claims fell overall, but the total cost of claims spiked to a record level, according to a new analysis of 2020 data from the Insurance Information Institute (III) and State Farm.
Intangible assets account for nearly 70% of total business value – about $11 trillion – for the world’s 50 largest corporations, according to a new report from international insurance broker Howden.
Despite the ongoing pandemic, civil jury trials have resumed in many venues throughout the United States. There is little doubt that the frequency of civil jury trials will increase with more widespread distribution of vaccines and the implementation of new social distancing courtroom protocols.
The New Jersey Supreme Court ruled in favor of medical cannabis patients Tuesday, voting unanimously that a construction company must pay for an injured employee’s medical cannabis bills.
First-party coverage evaluations and investigations that are dependent upon the insured’s cooperation can become frustrating when the insured refuses to provide necessary documents and other information.
