BC appeal court notes signatures stated that correspondence was for settlement negotiations In vehicular accident proceedings, the British Columbia Court of Appeal rejected an appellant’s argument that emails from the Insurance Corporation of British Columbia (ICBC) constituted an acknowledgment of…
What happened: The Eleventh Circuit revived a bad faith claim after Progressive added two disputed conditions to a within-limits auto settlement, including a release naming the wrong woman What’s at stake: Over $1,000,000 in excess judgment against a policyholder who carried…
Wisconsin’s Office of the Commissioner of Insurance (OCI) has taken action against a Manitowoc man for his insurance license. Commissioner Nathan Houdek, whose office takes action when licensing applicants, licensed individuals, or companies violate Wisconsin insurance statutes or regulations, announced…
U.K.-based MS Amlin Holdings Ltd.’s Lloyd’s syndicate 2001 is seeking $100 million in multi-peril and multi-regional retrocessional reinsurance through its first catastrophe bond, Artemis reported. MS Amlin syndicate seeks $100M in first cat bond U.K.-based MS Amlin Holdings Ltd.’s…
COLLIER COUNTY, Fla. (WINK) — Several Collier County businesses say they bought advertising after being promised exposure in neighborhood publications, only to later question if the magazines were distributed. The business owners — who say they did not know one another beforehand…
For almost five years, David and Mollie Somerville have spent an hour every Friday standing outside the headquarters of one of Britain's largest local government pension funds, hoping to persuade it to move away from fossil fuel investments. The couple…
What happened: Skyscraper Insurance Services alleges its flood insurer denied a $220K claim and voided the policy, then renewed it a month later What's at stake: $226,359.91 in repair and emergency mitigation costs for flood damage to a commercial building Why it…
Bloomberg Law News Ashley Ilene, Jamillette Gaxiola, Janet Guzman, Mariana Davalos and Lina Posada previously won a $520,000 judgment under a settlement with Toppers International Inc., operator of Toppers International Showbar. The complaint alleges Toppers held a commercial general liability policy…
Captive Insurance Times RiverStone International agrees US$325m workers’ compensation LPT with Clear Spring RiverStone International enters into a loss portfolio transfer with Clear Spring Property and Casualty Company covering discontinued US workers’ compensation business from accident years 2018 to 2025.
Victor has a range of essential and specialized coverages to help your clients grow their businesses with confidence. A comprehensive A&E claims study from Victor Why A&E professional liability pricing should reflect today’s loss costs, project economics, and…
North Carolina: workers comp, insurance department and business insurance news.
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