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Community Resource Collaborate contends insurance company must cover legal fees

The Community Resource Collaborative, under fire for its inability to efficiently oversee the county’s distribution of American Rescue Plan Act funds for area nonprofits, alleges an insurance company is wrongfully denying coverage. The CRC says Hiscox, a Chicago-based firm specializing in small business insurance,...

U-Haul Holding Company Schedules First Quarter Fiscal 2025 Financial Results Release and Investor Webcast – Insurance News

RENO, Nev.--(BUSINESS WIRE)--U-Haul Holding Company (NYSE: UHAL, UHAL.B), the parent company of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, plans to report its first quarter fiscal 2025 financial results after the close of market...

Analyzing Business Income Losses Following Ingress/Egress & Service Interruptions

Let’s take a look at catastrophe-related perils that could impact any business in a post-pandemic and/or stabilized economy—specifically, ingress/egress limitations and power outages. Ingress and egress are terms to reference the act of entering and leaving...

Major CNY healthcare provider goes public with contract disputes with Excellus insurance

SYRACUSE, N.Y. — Excellus Blue Cross Blue Shield customers in are once again caught in a contract dispute between the insurance company and a major healthcare provider.Over the weekend, FamilyCare Medical Group - which states it is the largest practice of primary care...

‘Surface Waters’ on Roof Are Not ‘Flood’ Waters, Massachusetts High Court Rules

The highest court in Massachusetts has ruled that rainwater accumulation on roofs of buildings does not constitute “surface waters” within the meaning of “flood” in property insurance policies. The court found that the term “surface waters”...

Insurance: Homeowner's Insurance-Denial of Coverage-Misrepresentations in Application

Nationwide Mutual Insurance Company v. Richardson (MLW No. 81811/Case No. 23-2905 – 7 pages) (U.S. Court of Appeals, 8th Circuit, Benton, ... Source link