London Defers Tallest Tower Decision Amid Neighbors’ Objections, Including Lloyd’s July 3, 2024 By Jack Sidders and Michael Hennessey The City of London Corporation deferred a vote on plans for a new 73-story office tower next to the Gherkin...
Life, Liberty, and the Pursuit of a Claims-Free Fourth of July July 3, 2024 According to the Consumer Protection Safety Commission, about 9,700 people in 2023 were treated in emergency rooms for fireworks-related injuries....
Report: Medical Costs for Workers’ Comp Rose 11% Nationally July 3, 2024 Medical costs for workers’ compensation increased nationally 11% and first-party claims grew 5% over the last four years, a new...
US P/C Underwriting Results: Two Years in a Row Over $20 Billion in the Red July 3, 2024 By Chad Hemenway For the second year in a row, the U.S. property/casualty industry booked an underwriting loss of more than $20 billion...
Florida Arts Groups’ Insurance Could be Affected With DeSantis Veto of Funding July 3, 2024 By Michael Schneider ORLANDO, Fla. (AP) — The Coral Gables Art Cinema will be short more than $100,000 this year. About $150,000 has...
Hub Acquires Skinner & Co. in Georgia July 3, 2024 Hub International, a global insurance brokerage, has acquired Georgia-based Skinner & Co., a brokerage offering commercial coverage, performance bonds and...
Washington Insurance Commissioner Fines Unite Health, Others $500K for Violations July 3, 2024 Washington Insurance Commissioner Mike Kreidler’s office issued more than $500,000 in fines in May and June for violations of state...
Court Finds Virginia’s Punitive Damages Cap Applies Per-Plaintiff in Charlottesville Case July 3, 2024 By Andrew G. Simpson A federal appeals court has ruled that Virginia’s $350,000 punitive damages cap applies on a per-plaintiff basis in a case...
Connecticut’s Monroe Insurance Merges With Smith Brothers July 3, 2024 Monroe Insurance Center, Inc., an independent insurance and risk management agency in Monroe, Connecticut, has merged its operations with Smith...
Jury Awards $68.5M to Family of Worker Who Fell to Death at Philly Construction Site July 3, 2024 By Andrew G. Simpson A Philadelphia jury has awarded $68.5 million in damages to the widow and son of a 38-year-old construction worker who...