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Exclusion Trio Bars Coverage for Undisclosed, Pre-Policy Claim: Wiley

In a summary judgment win for Wiley’s client, a Kentucky Circuit Court, applying Kentucky law, held that a prior knowledge exclusion, application exclusion, and prior notice exclusion all applied to bar coverage for a claim brought against the insured care facility. Hunt v....

Only 1 in 4 Americans Think Now Is A Good Time To Invest, Allianz Life Study Finds – Insurance News

Half say they made changes to their investments to make them less risky because of recent market volatility. KEY FINDINGS: 62% worry that a major recession is right about the corner 71% are concerned that continued market volatility could negatively impact their long-term financial plan 50% made...

It’s 10 p.m. Do you know where your insurance-company premiums are?

Follow the money, if you canDo you know what your insurance company does with the premiums you send it every month? You may think you do, and in general you may be right. The company puts that money into income-generating investments so it...

Inside the insurance racket Iran wants to run in the Strait of Hormuz

As high-stakes negotiations to end the Iran war continue in Switzerland, the maritime industry’s message to the White House is clear: Don’t allow Iran to formalize its tolling racket over the Strait of Hormuz. Iran wants all commercial shipping vessels to register with a...

Rhode Island now forces insurers to warn producers before changing pay

... company surrendered its license to do business in the state, or one who is an employee of the insurance company. In plain terms, the rules look ... Source link