Breach Exclusions in E&O Policy Upheld in $1.3M Money Transfer Claim July 4, 2022 A company that transferred $1.3 million from a client’s payment fund in response to emailed requests from a hacker has...
People & Places July 4, 2022 National Amica Mutual Insurance Co. named Edmund Shallcross III as chief executive officer and president, effective Oct. 1, 2022. Shallcross...
Oregon Business Groups Sue Over Heat and Smoke Worker Protections July 4, 2022 Some Oregon business groups are suing over the state’s new job site rules mandating that employers take steps to protect...
Texas Division of Workers’ Comp Sets Discount Interest Rate July 4, 2022 The Texas Department of Insurance, Division of Workers’ Compensation has determined that any interest or discount provided for in the...
Staffing Company Faces National Origin Discrimination Charge in Oklahoma July 4, 2022 ResourceMFG, a national manufacturing specialty staffing company, violated federal law when it failed to refer an Oklahoma job applicant for...
5th Circuit Allows Insurer to Recoup Payment for Damage to Docking Facility July 4, 2022 A doctrine that prevents parties from seeking reimbursement for intangible economic losses caused by maritime negligence doesn’t prevent an insurer...
Report: 72% of Gulf Coast Homes Have Roofs Susceptible to Hurricane Damage July 4, 2022 Arturo released its inaugural report “Hurricane Exposure: The State of Gulf Homes” that analyzes more than 17 million homes across...
People Moves: Verisk Promotes Rayner to President of Specialty Business Solutions; Munich Re Appoints 2 Senior Leaders for Singapore and SE Asia July 1, 2022 This edition of International People Moves details appointments at Verisk and Munich Re. A summary of these new hires follows...
New Alabama, Georgia Laws Taking Effect Today Indirectly Affect Insurance July 1, 2022 Several Alabama and Georgia laws that could indirectly affect property, liability and workers’ compensation insurance take effect today, July 1....
Vertafore Acquires MGA Systems July 1, 2022 Insurance technology vendor Vertafore reports that it has acquired MGA Systems, a provider of software for managing general agencies based...