Court: Tribune Shareholder Suit Against Chicago Insurance Broker May Proceed April 18, 2016 By Stephanie K. Jones Finding an exclusion in a directors and officers (D&O) policy to be “ambiguous,” an Illinois appeals court has allowed to...
P/C Direct Premium Written Up 2.5 Percent in 2015 April 18, 2016 By Douglas A. Powell Direct premium written (DPW) for property/casualty (P/C) insurance companies continues to increase, albeit gradually. At year-end 2014, more than $570...
California Workers’ Comp Committee Votes for Lower Mid-Year Filing April 18, 2016 The governing committee of the California Workers’ Compensation Insurance Rating Bureau voted unanimously in early April to authorize the WCIRB...
Hot Topic: Insurer’s Intent to Recoup Defense Costs and Reservation of Rights Letters April 18, 2016 By Karen Libertiny Ludden Whether an insurer can recoup defense costs from its own insured at the conclusion of a successful declaratory judgment action...
Zurich Completes Acquisition of RCIS Crop Insurance Business April 18, 2016 Zurich American Insurance Co. said it has completed its acquisition of Rural Community Insurance Agency (RCIA) and its subsidiary Rural...
Nevada Donor Network Sued by Family with Claims of Fraud April 18, 2016 Three sisters have filed a lawsuit against the Nevada Donor Network claiming the nonprofit was misleading when a representative convinced...
Buehrer Resigns from Ohio BWC April 18, 2016 The head of the Ohio’s insurance fund for injured workers has stepped down from his job. Steve Buehrer resigned as...
Weather Incidents Top Homeowners Insurance Claims April 18, 2016 Weather incidents account for more than half of all homeowners insurance claims, with wind, pipes freezing and bursting, roof and...
Utah Employers Must Accommodate Breast-Feeding Workers April 18, 2016 Utah is joining more than a dozen states to require businesses to offer breast-feeding and pregnant employees accommodations such as...
Injured Ohio Workers Receiving Fewer Opioid Prescriptions April 18, 2016 The amount of opioids prescribed to injured Ohio workers has fallen significantly since the state’s insurance fund for injured workers...