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Viewpoint: Are Carriers and MGAs Leaving Revenue on the Table?

Insurance companies spend billions of dollars a year on advertising—and for good reason. With auto insurance mandated in nearly every state and home insurance required by mortgage lenders, insurance product providers are competing for the attention of almost every American. …

How to Operate in Today’s ‘Bananas’ Casualty Insurance World

Leaders of the casualty insurance practices of a global insurance carrier and a North American specialty brokerage offered insights for insurance buyers and sellers to deal with today’s casualty insurance market during a webinar last week. Their main message was …

Harvey Weinstein Alleges Brother, Others Duped Him Over $45M Loan

Jailed and disgraced movie mogul Harvey Weinstein alleges in a new lawsuit that his brother, Bob Weinstein, and other executives at their now-defunct film company duped him into guaranteeing a $45 million loan in 2016, but diverted funds for their …

Insurance to Cover Part of Tenn. City’s $28M Settlement Over Botched Rape Case

(AP) — Leaders in Johnson City, Tennessee, have agreed Thursday to pay $28 million to settle a lawsuit that said police deliberately botched investigations into a suspect accused in civil cases of drugging and sexually assaulting dozens of women. If …

Is a Binder Binding? Yes, Says Alabama Supreme Court in Win for Arbitration Clauses

Is a binder binding, even if the property owner never received the insurance policy? Yes, it is, the Alabama Supreme Court decided last week in a case that marks another win for insurers relying on binding arbitration agreements. When Francine …

Scientists Racing to Discover Depth of Ocean Damage From LA Wildfires

On a recent Sunday, Tracy Quinn drove down the Pacific Coast Highway to assess damage wrought upon the coastline by the Palisades Fire. The water line was darkened by ash. Burnt remnants of washing machines and dryers and metal appliances …

In $17M Suit, Cannabis Grower Claims Nearby Farm’s Pesticides Contaminated Its Crops

A Massachusetts cannabis grower is suing a neighboring berry and vegetable farm for allegedly rendering its entire cannabis harvest unusable by incorrectly spraying chemicals in a way that caused them to drift onto its cannabis crops and contaminate them. River …

People Moves: Media Guarantors Names Sutherland SVP, Business Development

Media Guarantors appointed Angus Sutherland as senior vice president of business development and client relationships. Sutherland has more than 20 years of experience in the entertainment industry. In this role, Sutherland oversees client relationships worldwide. He will focus on financial …

Husband Sues Travel Firm Over Wife’s Death in Hippo Attack on Safari

A New Jersey man whose wife was killed in a horrific hippopotamus attack last year during a safari in Africa is suing the U.S. company that arranged the trip, alleging it failed to ensure their safety and did not adequately …

Washington Company Fined $231,000 for Asbestos Violations

A Washington company was fined $231,000 for exposing workers to asbestos at a jobsite. The Washington State Department of Labor & Industries fined U-Haul of Spokane for exposing workers to asbestos during renovations of a former K-Mart building. The company …

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