Physical Abuse Must Involve ‘Imbalance or Misuse of Power’ for Exclusion: Court March 17, 2023 By Andrew G. Simpson An act of physical abuse is not excluded by an abuse and molestation exclusion in a homeowners insurance policy unless...
Texas Public Adjuster Indicted of Stealing $268K in Insurance Claims March 16, 2023 A Texas public insurance adjuster accused of stealing more than $268,000 in insurance claims from multiple victims has been indicted...
Albany Diocese Files for Bankruptcy Protection Amid Sex Abuse Litigation March 16, 2023 The Roman Catholic Diocese of Albany has filed for Chapter 11 bankruptcy protection in New York as it, like other...
People Moves: Gallagher Promotes Kent to Lead Global Insurance Strategic Relationships; Wakefield Named CEO of Gallagher Re March 16, 2023 Gallagher, the insurance brokerage, risk management and consulting services firm, announced that James Kent, currently global CEO of Gallagher Re,...
People Moves: QBE North America Promotes Foley to Pres. Commercial Insurance; Browne to Lead AGCS Specialty Business March 16, 2023 QBE North America Promotes Foley to President of Commercial Insurance QBE North America has promoted Michael Foley to president, commercial...
Texas Oil & Gas Company Filed $39K After Employee Suffers Fatal Exposure March 16, 2023 Federal investigators found an oil and gas company employee suffered fatal exposure to hydrogen sulfide while working near a sump...
Nebraska School to Pay $1 Million After Boy Who Ate Teacher’s Snack Died March 16, 2023 PAPILLION, Neb. (AP) – A Nebraska school district has agreed to pay $1 million to the family of an eighth...
Crews Clean Up After UP Train Derails in Kansas March 16, 2023 MCPHERSON, Kan. (AP) – Crews continued to clean up after a train derailment a day earlier in McPherson that spilled...
Citgo’s Lawsuit Against Lloyd’s Insurer Over Seized Venezuelan Oil Gets Go-Ahead March 16, 2023 By Robert Burnson Citgo Petroleum Corp. may move forward with an attempt to collect more than $40 million it claimed from insurers after...
Intangic MGA Launches Cyber Parametric Policy With Backing From AXA XL March 16, 2023 Intangic MGA, a London-based cyber managing general agent (MGA), has been launched with capacity backing from AXA XL, offering new...