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The bankruptcy of insured directors did not relieve the insurer that had issued a D&O endorsement to a CGL insurance policy of the obligation to defend or indemnify them, even where they had been dismissed from the lawsuit, an appellate court in Wisconsin has ruled.
An Illinois appellate court has affirmed a trial courts decision that a homeowners insurance carrier had no duty to defend its insured in a lawsuit where a man alleged the insured stabbed him with a knife in a fistfight, finding that the lawsuit failed to allege an accident.
Hartford Financial Services Group Inc., the insurer thats been focusing on property-casualty coverage, is near a deal to sell Japan operations to Orix Corp., according to two people with knowledge of their talks.
Hartford Financial Services Group Inc., the insurer thats been focusing on property-casualty coverage, is near a deal to sell Japan operations to Orix Corp., according to two people with knowledge of their talks.
UberX on Friday expanded the insurance coverage it offers to ridesharing drivers, a step toward easing U.S. regulators' and lawmakers' concerns and creating broader acceptance of the services.
Berkshire Hathaway chairman and chief executive Warren Buffett said on Friday that his firm had eliminated most of its catastrophe insurance business in the United States.
The N.Y. DFS has determined the car-sharing service RelayRides put New Yorkers at risk through false advertising, unlicensed insurance activity and other violations of law.
The N.Y. DFS has determined the car-sharing service RelayRides put New Yorkers at risk through false advertising, unlicensed insurance activity and other violations of law.
Legislation that effectively kicks down the road efforts to restore solvency to the NFIP was overwhelming approved by the Senate late yesterday and sent to the president for signature.
Legislation that effectively kicks down the road efforts to restore solvency to the NFIP was overwhelming approved by the Senate late yesterday and sent to the president for signature.
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