Court Sharpens Causation Standard in All-Risk Policies in NC Church Mutual Case
In all-risk policies, an excluded cause of damage must be the sole cause of damage for the exclusion to apply, a federal appeals court decided last week in an opinion that clarifies North Carolina law but could make some claims …
Amica Insurance Ad Campaign Features Celtics Star Tatum’s Comeback From Injury
Amica Insurance is using the comeback journey of Boston Celtics basketball star Jayson Tatum in its new advertising campaign. The campaign traces Tatum’s recovery from his injury last May. The campaign is titled “Back to Zero” — named with Tatum’s …
Push to Tax California Billionaires Causing Political Stir
As national Democrats search for a unifying theme ahead of the fall’s midterm elections, a California proposal to levy a hefty tax on billionaires is turning some of the party’s leading figures into adversaries just when Democrats can least afford …
Viewpoint: Claims Handling Breakdowns From LA Wildfires One Year on
It’s been more than a year since the Palisades and Eaton Fires in Los Angeles, and attorneys who work in first‑party property claims are still seeing a steady rise in disputes. That trend isn’t slowing down anytime soon—these claims will …
Wisconsin Lawmakers Pass Expanded Medicaid for Moms
Women in Wisconsin will soon be eligible to receive expanded Medicaid coverage for up to a year after giving birth following near-unanimous passage of a measure last week by the Wisconsin Assembly that would leave Arkansas as the only state …
Insurer Ducks Claims by Models Over Strip Clubs’ Use of Their Images Without Consent
Twenty professional models who sued three Massachusetts-based strip clubs alleging that the clubs used their images in commercial advertisements without their consent and without paying them have been denied their bid to collect from one of the clubs’ insurers on …
AbbVie Invests $380M to Expand Illinois Manufacturing for Neuroscience, Obesity Meds
AbbVie on Monday said it would invest $380 million to build two new active pharmaceutical ingredient manufacturing facilities at its Illinois campus, expanding its domestic production capacity for its neuroscience and obesity medicines. The investment is part of AbbVie’s broader …
South Dakota Considering Bill APCIA Says Could Increase Auto Insurance Costs
The South Dakota Legislature is considering a bill that would establish a statutory 75% minimum damage threshold for declaring a vehicle a total loss, which insurers say could negatively impact drivers through increased premiums and reduced road safety. Senate Bill …
Kansas at Vanguard of Denying Trans Identities on Drivers Licenses With New Law
Kansas is set to invalidate about 1,700 driver’s licenses held by transgender residents and roughly as many birth certificates under a new law that goes beyond Republican-imposed restrictions in other states on listing gender identities in government documents. The new …
Former Connecticut Police Chief Arrested for Allegedly Stealing From Department Funds
The former police chief in New Haven, Connecticut, was arrested Friday on larceny charges following allegations he stole $85,000 from two department accounts. Karl Jacobson, 56, who abruptly retired from the department in January, turned himself in on an arrest …
New York City’s Last Striking Nurses Approve New Contract
Nurses at a big New York hospital system approved a new contract Saturday, voting to end a major nursing strike after more than a month. More than 4,000 nurses in the privately run NewYork-Presbyterian system went on strike Jan. 12. …
Northeast States Under Emergency as Snow Falls Amid Blizzard Warning
New York, New Jersey, Connecticut and Massachusetts governors issued state of emergency orders and a halt to non-essential travel as a major storm was expected to bring up to 24 inches of snow and strong winds to the region. Around …
Duffy Will Brief Congress Next Week on El Paso Shutdown
Transportation Secretary Sean Duffy said he will brief lawmakers on Capitol Hill next week about the temporary closure of airspace around El Paso, Texas, earlier this month. Duffy told reporters Friday that he stood behind the Federal Aviation Administration’s decision, …
Insurtech Qumis Secures $4.3M Seed Round
Qumis, a lawyer-built AI-driven platform for commercial insurance coverage intelligence, announced a $4.3 million oversubscribed seed round led by MTech Capital, with new strategic investor American Family Ventures and participation from all prior investors. Total funding reaches $6.75 million. The …
High Court Ruling on Trump Tariffs to ‘Ease Uncertainty,’ Says AM Best
AM Best said the U.S. Supreme Court’s ruling against President Donald Trump’s authority to impose sweeping tariffs will help to “ease uncertainty across the insurance industry.” “Managing through unknowns is a challenge to any industry and most observations and segment …
Aon Promotes Fraccalvieri as CEO of Global Facultative Re, Succeeding Laing; Arch Insurance Int’l Promotes Hope, Mani to Key Underwriting Roles in D&O and FI
This edition of International People Moves details appointments at Aon plc and Arch Insurance International. A summary of these new hires follows here. Aon Promotes Fraccalvieri as CEO of Global Facultative Re, Succeeding Laing Insurance broker Aon plc announced that …
Palantir Decamps to Miami Co-Working Space in Surprise Move
Palantir Technologies Inc.’s surprise announcement that it’s moving from Denver to Miami is even more surprising because, at least initially, it’s going to be anchored at a co-working space. A regulatory filing lists the company’s “principal executive offices” at an …
Michigan AG Secures Judgment Against Construction Company
Michigan Attorney General Dana Nessel announced her office has secured a consent judgment against a Michigan construction company for accepting deposits for construction projects that were never finished and then failing to return the funds. Nessel filed a lawsuit last …
Erie Insurance CEO NeCastro to Retire at Year End
Erie Insurance said Tim NeCastro, president and chief executive officer, will retire on Dec. 31 after 10 years leading the company. NeCastro, who was named CEO in 2016, led the company’s growth to nearly $13 billion in premium and more …
OSHA Fines Alabama Utility Contractor $257,700 After Deaths of 3 Workers
The U.S. Occupational Safety and Health Administration this week fined an Alabama utility contractor $257,700, six months after three workers died from sewage gas while installing sewer lines. Construction Labor Services, based in Eight Mile, near Mobile, Alabama, failed to …
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