Structural design deficiencies, failure to recognize the magnitude of widening cracks, oversights by the design build contractor, and failure to close a Miami street underneath a bridge are just a few of the problems that contributed to the deaths of one employee and five motorists and the permanent disability of another employee when the structure collapsed last year, according to a new report.
Vino’s Kitchen Renovation was a manufacturer of custom kitchen cabinets for residential and commercial customers. The company consisted of the owner and two other employees.
Elon Musk has been rocking the boat in the insurance industry as of late after confirming in a Q1 earnings call that Tesla planned to launch its own insurance product, later announcing that the automotive company would partner with State National Insurance Company, a subsidiary of insurance titan Markel Corporation, which will serve as a fronting company for the program.
Gov. Ron DeSantis and Florida lawmakers this spring approved a plan to overhaul the controversial insurance practice known as “assignment of benefits” — and put new restrictions on lawsuits against insurers.
The insurance industry is male, pale, and stale. That’s the unfortunate stigma attached to what is actually one of the most “fascinating and noble” industries in the financial services sector, according to Jon Loftin, president and CEO of MJ Insurance, one of the largest privately-held insurance agencies in the US.
With the Atlantic hurricane season underway, homeowners should be aware that inadequate insurance coverage can make recovering from a bad situation even worse.
The thunderstorm that swept through the area in about an hour Sunday may take months to recover from as tree service companies worked to remove downed trees, roofing firms began repairs and homeowners filed insurance claims for damage.
Michigan motorists will be required to buy significantly more liability coverage under the new auto insurance law, and there are no assurances those extra costs will not offset reductions the law requires in the personal injury protection (PIP) portion of motorists’ premiums, according to a top insurance industry executive.
Tesla CEO Elon Musk told shareholders at the company’s annual meeting that an insurance product is still in the works and will be launched after the completion of an unspecified acquisition.
In July 2009, a partner in a prominent law firm authored an editorial that appeared in the firm’s monthly digest of recent appellate decisions. The editorial discussed "absolute exclusions."
This is a story of a workers’ comp claim denied, followed by what appears to be a herculean effort to seek protections under the same legal pretense that was previously refused. It is a lesson that we should be careful what you wish for; you just might end up getting what you deserve.
Citing economic pressures and global trade concerns as challenges, risk managers are reporting their lowest level of risk readiness in 12 years, according to Aon’s 2019 Global Risk Management Survey.
It might be called the cannabis conundrum. As more states have legalized or are moving toward legalizing both medical and recreational cannabis, companies across the country are weighing how to accurately determine whether employees are impaired by cannabis in the workplace.
Boards blocked off the inside of glass sliding doors of an apartment unit in southwest Grand Forks on Monday, closing off the spot where a balcony collapsed early Saturday, sending five people plummeting four stories.
