A waterworks products company facing asbestos claims is entitled to tap its Chubb excess insurance policy because its primary insurance has been “exhausted” as a result of the primary carrier’s insolvency and its inability to...
By Heather Kriener, Financial Literacy Director for the Iowa Insurance DivisionThe first week of March marks National Consumer Protection Week. Here at the Iowa Department of Insurance and Financial Services, we’re teaming up with other government and nonprofit partners to help Iowans spot, report,...
Affiliated FM does not have to pay most COVID-19-related losses at the Treasure Island resort and casino in Las Vegas, but the communicable disease provision in its policy, which had a much lower limit, may still apply, a federal appeals court ruled Tuesday.
In...
A few years back, things got bad at the Rockingham County Jail. How bad? This bad:❝In May 2024, the county’s insurance company, Travelers, announced that it would drop the sheriff’s office’s liability coverage. It wasn’t just that so many inmates had died; no...
California legislators unveiled bipartisan legislation Tuesday that would eliminate insurance barriers preventing patients with rare diseases from accessing FDA-approved treatments, a measure supporters say could end dangerous delays for the estimated one in 10 Californians living with...
Womble Bond Dickinson Partner Doug Butler will speak at the Captive Insurance Companies Association (CICA) International Conference. The conference takes place March 8-10 in Palm Desert, Calif.Butler will participate in a panel discussion titled “IRS and Captives—Today and Tomorrow.” The panel will examine...
