HomeInsurance

Insurance

6th Circ. Tosses 5 Cases Over COVID-19 Insurance Claims

By Joyce Hanson (December 22, 2022, 3:45 PM EST) -- The Sixth Circuit has issued five separate but similar opinions that dismiss claims businesses brought against insurance companies for their losses associated with COVID-19, pointing to a recent Ohio Supreme Court decision...

New York court reaffirms insurers’ broad duty to defend

The court’s analysis shows just how “exceedingly broad” is the duty to defend. It applies to determine who is insured, what is insured, and what is excluded, (among other things) and in any combination. (Credit: RAGMA IMAGES/ Shutterstock) When policyholders get sued,...

How Much Does Car Insurance Cost?

December 20, 2022 |December 20, 2022 |11 min readFrom weekend joy rides to workday commutes, owning a car can offer plenty of fun and function. But car ownership comes with lots of expenses to manage—gas, maintenance and auto insurance. If you’re shopping around for...

A.M. Best Affirms Tokio Marine HCC Insurance Company Ratings of A++ With Stable Outlook – InsuranceNewsNet

HOUSTON, Dec. 20, 2022 (GLOBE NEWSWIRE) -- Tokio Marine HCC today announced that A.M. Best has affirmed the ‘A++’ (Superior) Financial Strength Ratings and ‘aa+’ Long-Term Issuer Credit Ratings of the property/casualty insurance companies in the Houston Casualty Group and HCC...

Mark Cuban’s next act on drug costs: Tackling insulin

Billionaire entrepreneur Mark Cuban says it’s not a matter of if his online business will sell low-cost insulin — but when.“It may be a month, it may be six months, it may be two years,” said Cuban, referring to when his business, the...

Moody’s upgrades Talcott’s ratings, outlook remains positive

Moody’s has upgraded the insurance financial strength (IFS) ratings of Talcott Resolution Life Insurance Company and Talcott Resolution Life and Annuity Insurance Company (TLA) to Baa2 from Baa3, the outlook of the Talcott entities remains positive. Moody’s upgrade and continued positive outlook reflect the...