Monthly Archives: <span>July 2024</span>

Defense Institute Aims to Educate, End ‘Skyrocketing’ Nuclear Verdicts

Robert Tyson believes the defense bar’s lawsuit approach is overdue for an overhaul. The U.S. Chamber of Commerce Institute for Legal Reform reported in May that nuclear verdicts are on the rise, noting that there were a record number of …

Castle Key Nonrenewing 33,000 Policies as Florida Mulls Special Session on Condos

Allstate’s Florida subsidiaries are continuing to nonrenew thousands of condominium unit policies over the next several months, delivering another blow for beleaguered condo owners across the state. The Palm Beach Post reported that Castle Key Indemnity and Castle Key Insurance …

Amazon Says Washington State Injury Case Has Been Dismissed

A case alleging that Amazon.com Inc. exposed warehouse workers to injuries has been dismissed for lack of evidence, the company said in a statement Thursday. The Washington state Department of Labor and Industries cited the e-commerce giant for setting rapid …

Cannabis Firm Fights Insurer’s Denial of Business Income Loss Claim Following Fire

A Berkshire Hathaway insurer is insisting it does not owe $1.3 million in claimed business income losses to a cannabis growing company after a building fire shuttered one of its “flowering” rooms for 68 days. National Fire and Marine Insurance …

Black Bear and Cub Destroy Car After Getting Trapped Inside

Trapped inside a car, the adult black bear and cub thrashed about. The horn was blaring and the radio blasting. Outside the car, a second cub ran around in apparent distress by the Connecticut home. State environmental conservation police were …

Bayer’s Monsanto to Pay $160M to Resolve Seattle’s PCB Contamination Lawsuit

Monsanto will pay $160 million to settle a lawsuit by the city of Seattle that accused the unit of Germany’s Bayer of polluting the city’s drainage system and the local Lower Duwamish River with toxic chemicals known as PCBs. City …

Maine Schools Face Unique Challenges in Ridding Water of ‘Forever Chemicals’

Days before winter break ended in December 2022, Bill Hansen was relieved to learn that Jordan-Small Middle School in Raymond had no traces of ‘forever chemicals’ in tests of the school’s water system. Hansen, the Windham Raymond School District’s facilities …

A Guide to Healthcare Insurance: Part 2

This post is part of a series sponsored by Trucordia. In the second installment of a three-part series, Trucordia Healthcare Practice Leader Brian King helps us understand healthcare facility insurance. In Part 1 of our series, we unpacked the complexities …

Elevating the Customer Experience: Innovations in the Insurance Industry

This post is part of a series sponsored by Dyad. In today’s rapidly evolving digital landscape, customer experience is paramount across all industries, including insurance. While traditionally viewed as a transactional service, insurance companies increasingly recognize the significance of fostering …

California Commissioner Announces FAIR Plan Modernization Deal

California Insurance Commissioner Ricardo Lara said on Friday that he and the California Fair Plan have agreed to establishing a new high value commercial coverage option with limits up to $20 million per building and other steps that he said …