Questions of Facts, Forums “The circuit court fairly concluded that St. Paul’s parallel suit in California was filed for improper purposes, namely forum shopping and the disruption of the orderly resolution of the West Virginia suit. The record reflects a …
The insurance industry relishes mergers and acquisitions. In the recent decade, the buying has been driven by low interest rates, lots of available capital, and a view that this is a business offering stable, long-term returns in a world otherwise …
National Lemonade, Metromile Digital insurer Lemonade plans to acquire California-based pay-per-mile auto insurance startup Metromile in an all-stock transaction, Carrier Management reported. Metromile is licensed in 49 states, and has more than $100 million of in-force auto insurance premium, over …
Insurers are continuing to take a hard line on underwriting and pricing cyber coverage. While commercial lines prices overall rose 8.9% in the third quarter, cyber premiums increased 27.6%, according to The Council’s Commercial Property/Casualty Market Index for the third …
Cyber attacks are continuously evolving, and companies that don’t stay educated about the space could be caught off guard, experts say. “A lot of times, I think cyber has this type of mentality that it’s not going to happen to …
The summer surge of COVID-19 claims that hit the California workers’ compensation system in July and August appears to have run its course, according to the California Workers’ Compensation Institute. A CWCI analysis released in late November shows the number …
Los Angeles, California residents Victor Valle-Diaz, 55, Eduardo Retana, 25, and Ausencio Gomez, 46, were sentenced to serve in state prison after pleading no contest to charges of insurance fraud and assault for their involvement in the organized ring. The …
A food distributor in Hawaii has filed a federal lawsuit against a dairy company because milk from the mainland is allegedly being sold under a name that advertises local ties. The lawsuit filed by Hawaii Foodservice Alliance claims Meadow Gold …
California Insurance Commissioner Ricardo Lara in late November ordered the FAIR Plan to implement his mandated increases to its decades-old commercial property coverage limits offered to businesses. “My order is part of an ongoing commitment to helping businesses in California …
Winter is just around the corner, but experts say the Great Lakes haven’t gotten the message. After summer and fall evenings that failed to cool sufficiently, surface temperatures in the massive bodies of water are trending above average, the Chicago …
