American Home Assurance Co. News

Michigan State Sues Insurers Over Nassar Claims Coverage; Stops Victim Payments

Michigan State University has filed suit against 13 insurance carriers over coverage of sexual assault claims by victims of now-imprisoned former sports doctor Larry Nassar. The lawsuit against the insurers was filed July 26 in Ingham County Circuit Court. Michigan …

Florida Supreme Court Rules Against Insurer in Concurrent Loss Case

The Florida Supreme Court has ruled in favor of policyholders seeking coverage on claims where there is the possibility of multiple concurrent losses but at least one of the losses is covered under their policy. Though the decision can have …

Dennis Busti, CEO of Saul Steinberg Insurance Unit, Dies at 71

Dennis Busti, who played a leading role in building the insurance business that tracked the rise and fall of corporate raider Saul Steinberg, has died. He was 71. He died on Dec. 14 at his home in Eastchester, New York, …