$84.4M Farmers Insurance Settlement Approved by Texas Court July 20, 2015 A Travis County, Texas, district court has granted preliminary approval of a settlement with Farmers Insurance Group that will return...
Commercial Insurance Prices Remain Static for Fourth Month: MarketScout July 20, 2015 Commercial insurance rates have barely budged at all over the last four months, according to the MarketScout report for June....
Utah Agent Sentenced to Prison and $1.3M in Restitution July 20, 2015 Utah insurance agent Brent Hilton was sentenced to serve one to 15 years in prison and has been taken into...
Drought Disappearing from Oklahoma, Texas After Record Rainfall July 20, 2015 By Sean Murphy Record-shattering spring showers across Oklahoma have replenished lakes and reservoirs, helped farmers recover from a difficult year and eliminated any...
New York Court: Flood Sub-Limit in Policy Applies to Delay Loss July 20, 2015 By Young Ha The New York Supreme Court’s Appellate Division affirmed that a $5 million flood sub-limit in a builders risk policy that...
New Mexico Court Favors Worker in Medical Marijuana Case July 20, 2015 The New Mexico Court of Appeals has ruled that a patient in the state’s medical marijuana program who was injured...
Insurer’s Refusal to Settle Can Lead to Bad Faith Liability July 20, 2015 By Robert Redfearn, Jr. Did you know that that an insurer can be liable for bad faith failure to settle even if it never...
Boston’s Olympics Bid Promises ‘Most Insured Games in History’ July 20, 2015 Boston 2024, the group trying to bring the 2024 Olympics to Boston, released the most detailed look yet at its...
Washington Worker’s Family Sues Over Fatal Boeing 777 Air Bag July 20, 2015 The family of a Washington man who was fatally injured while he was working on a seat belt air bag...
U.S. Power Grid Attack Could Cause $70 Billion in Insurance Losses: Lloyd’s Report July 20, 2015 A cyber attack on the U.S. power grid in the Northeast would have far-reaching implications including the loss of lives,...