Yearly Archives: <span>2023</span>

Davies Acquires Illinois’ MVP

Davies announced the acquisition of MVP Advisory Group, LLC (“MVP”), the consulting business specializing in advisory & transformation projects for the property & casualty and life & health insurance markets. With headquarters in Chicago, Illinois, US, MVP’s insurance & technology …

Texas Power Grid Holding Up Amid Winter Storm

A dayslong winter storm warning in Texas is already disrupting travel plans and closing schools, but state officials say the power grid is holding up. According to the National Weather Service, tens of millions of people in Texas and mid-South …

U.S. Court Rejects J&J Bankruptcy Strategy for Thousands of Talc Lawsuits

A U.S. appeals court on Monday shot down Johnson & Johnson’s attempt to offload tens of thousands of lawsuits over its talc products into bankruptcy court. The ruling marked the first major repudiation of an emerging legal strategy with the …

Markets/Coverages: Combo W&H and EPL Policy From ExecutivePerils; Coalition Adds Crime and Fiduciary Coverage

Independent wholesaler ExecutivePerils announced the launch of a new insurance policy, EPL+WHIP – a product that combines wage & hour insurance protection (WHIP) coverage with employment practice liability (EPL) coverage. EPL+WHIP, available in all 50 states, was created to address …

Ranks of Quiet Quitters Climb as Layoffs Mount

Close to one in five workers has fully checked out on the job, and employees’ sense that they’re being treated fairly has plummeted, according to two new surveys that paint a dismal picture of the American workplace. The share of …

Connecticut Supreme Court Upholds Insurers in Two Covid-19 Business Loss Appeals

The Connecticut Supreme Court has upheld insurers in two cases where claims for business interruption losses blamed on Covid-19 were denied because there was no direct physical damage. One case involved healthcare facilities Connecticut Dermatology Group, Live Every Day, and …

People Moves: Mutual of Enumclaw Fills Two New Executive Roles

Mutual of Enumclaw, a regional carrier of personal, business and farm and ranch insurance policies, has appointed two new leaders in the company’s underwriting and client services divisions. Newly appointed Chief Member Experience Officer Jerel Titus has 25 years of …

New York Gov. Hochul Vetoes Wrongful Death Damages Bill

New York Gov. Kathy Hochul last night vetoed a measure that would have expanded wrongful death benefits after her late bid for amendments was rejected by the sponsors of the bill. In vetoing the Grieving Families Act, Hochul called for …

25 Charged in Fake Nursing Diploma Scheme in South Florida

Federal authorities in Florida have charged 25 people with participating in a wire fraud scheme that created an illegal shortcut for aspiring nurses to get licensed and find employment. Recently unsealed federal grand jury indictments allege the defendants took part …

Residents Told Structure Had No Insurance After Fire Destroys Miami Apartment Complex

More than 100 people in Miami are looking for new homes after a fire destroyed dozens of units at an apartment complex this week. Residents said they were doubly incensed after learning that the complex had no property insurance. Local …