Origin Specialty Acquires Agribusiness Managing General Underwriter AIMS July 12, 2024 Illinois-based specialty insurance broker Origin Specialty Underwriters Agency announced it has acquired Agricultural Insurance Management Services (AIMS), an agribusiness insurance-focused...
Menendez’s Wife Hid Truth About Insurance Broker and Mercedes Benz, Lawyer Says July 12, 2024 By David Voreacos and Patricia Hurtado US Senator Bob Menendez’s lawyer told jurors that the politician’s wife failed to tell him details of how she got...
Claims Made Commercial Lines Filings Now Subject to Scrutiny in Connecticut July 12, 2024 In a change in regulatory practice, Connecticut has decided that all commercial lines claims made insurance forms and rates are...
Insurers Entitled to Second Injury Fund Payments Even If No Longer Writing in State July 12, 2024 By Andrew G. Simpson A workers’ compensation insurer is entitled to continue to receive reimbursements from the Massachusetts second injury fund even after it...
Markets/Coverages: Captive Insurer Targets New York Affordable Housing Market July 12, 2024 By Andrew G. Simpson A new Vermont-based captive insurer is promising to provide insurance for New York affordable rental housing buildings at a time...
NRA’s Ex-CFO Agrees to Nonprofit Ban; Avoids Second Trial; Still Owes $2 Million July 11, 2024 By Michael R. Sisak The National Rifle Association’s former finance czar, Wilson “Woody” Phillips, has been banned for a decade from managing money for...
NYU Settles Suit by Jewish Students Who Complained of Antisemitism July 11, 2024 New York University has settled a lawsuit filed last November by three Jewish students who said they had been subjected...
Vermont Under Flood Watch on Anniversary of Last Year’s Severe Inundations July 11, 2024 By Lisa Rathke A flood watch was declared for much of Vermont on Wednesday — the anniversary of last summer’s severe flooding —...
New Jersey Democratic Power Broker Norcross Pleads Not Guilty to Racketeering July 11, 2024 By Mike Catalini The New Jersey Democratic power broker charged with racketeering by the state attorney general pleaded not guilty Tuesday to charges...
Ford Pro Expands to Minnesota and Maryland July 10, 2024 Ford Pro is expanding the availability of its commercial auto coverage, Ford Pro Insure, to Maryland and Minnesota. Ford Pro...