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NYC Delays the Most Workers’ Comp Claims in the State

Workers’ compensation is a form of social insurance that provides wage replacement and medical benefits to workers who are injured on the job or experience an occupation-related disease. Part safety net for workers, part liability insurance for employers, workers’ compensation laws in the...

Insurance Co. Buyer Accuses Seller Of Fraud In Chancery Suit

By Jeff Montgomery ( December 18, 2024, 5:07 PM EST) -- Alleging a "textbook case of fraud in the inducement and breach of fiduciary duty," a holding company that acquired Georgia-based Southern Trust Insurance Co. has sued the seller's principals, associates and...

Who’s driving? Denver man finds mystery driver on his Progressive insurance policy

DENVER, Colo. (KCNC) - Ed Fan, a 31-year-old financial analyst in Denver, is single, lives alone and says he is the only person who has access to and drives his 2019 Jeep Wrangler. So he was surprised when his insurance company, Progressive, recently...

Cincinnati Financial announces leadership promotions for key insurance operations

Insurer Cincinnati Financial Corporation is strengthening its leadership team to drive profitable growth in its insurance operations. Effective January 1, 2025, the company will promote experienced leaders to shape the strategies for its commercial/life and personal/specialty divisions. President & CEO Stephen M. Spray commented: “Cincinnati...

New York Court of Appeals Tightens Pleading Standards Against Insurance Policyholder

If pleading requirements are like a vise grip, the New York Court of Appeals has tightened it on plaintiffs—edging closer to the more demanding federal standard by dismissing a breach of contract action brought by an insurance policyholder for filing an insufficiently detailed...