The families of a skier and snowboarder who died on the same day at a central Oregon ski area jointly filed a wrongful death lawsuit seeking $30 million. The lawsuit filed Thursday in Deschutes County Circuit Court contends Mt. Bachelor …
The Maryland Insurance Administration (MIA) issued an order revoking the insurance producer license of Aliera Healthcare Inc. The February 27 order states that the company was actively trying to sell an unauthorized health insurance plan in Maryland in violation of …
A Connecticut man pleaded guilty Thursday to stealing $240,000 from the nonprofit he worked for as well as some of the organization’s developmentally disabled clients, federal prosecutors said. Michael Verzella, of Branford, Conn., was the supervisor of recreation and operations …
Chaucer, the London-based specialty re/insurance group, announced a new partnership with London-based insurtech Artificial Labs to deliver a next generation underwriting platform for high-volume specialty products. The partnership will provide a smarter and more efficient underwriting service to brokers and …
Lloyd’s has launched an insurance policy to protect cryptocurrency held in online wallets against theft or other malicious hacks. The first of its kind liability policy, with flexible limits from as little as £1,000 (US$1,281), was created by Lloyd’s syndicate …
Watford Holdings Ltd., the Bermuda-based property-casualty re/insurer, announced that John F. Rathgeber will retire as chief executive officer on March 31, 2020. Rathgeber will remain a member of Watford’s board of directors and serve as a senior adviser to the …
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Iowa-based Midwest Family Mutual Insurance Co. and its wholly owned subsidiary, Midwest …
Legislation that would create the Oklahoma Hazard Mitigation Assessment District Act has passed out of committee and moved to the full House for consideration. The House County and Municipal Government Committee passed House Bill 2776, authored by State Rep. Lonnie …
A sergeant with the Tampa Police Department has been arrested on a charge of filing a false and fraudulent insurance claim to defraud his insurance company after his 23-foot boat sank, a statement from the Florida Department of Financial Services …
The Arizona House has voted to ban cities and counties from enforcing new national fire code standards requiring large restaurants and nightclubs that serve alcohol to install fire sprinklers. The proposal from Republican Rep. Travis Grantham was pushed by the …
