Hanover tenant fights to end coverage for property manager in class action

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Hanover tenant fights to end coverage for property manager in class action & more related News Here

According to the filing, the problem started with David Friend, a tenant at Portland’s Solace apartment complex. Friend filed a class action accusing Marathon — which, the filing said, also manages other Oregon complexes including Glendovir Woods, Bridgton, McKinney Lanes, Bell Tower, Willamette Estates and Eris — of breaking the state’s landlord-tenant laws in multiple…

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Allianz transfers global commercial cyber portfolio to Alliance

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Allianz transfers global commercial cyber portfolio to Alliance & more related News Here

The alliance’s model combines cybersecurity tools, continuous scanning of insureds’ digital infrastructure, and incident response services with traditional cyber policy coverage. Combined with Allianz’s multinational client base, broker relationships and local operations in multiple countries, the partners plan to offer a coordinated cyber insurance product to businesses across a variety of sectors. The agreement builds…

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California files suit to strip State Farm of its license and demands record fine

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California files suit to strip State Farm of its license and demands record fine & more related News Here

The Disaster Recovery Reform Act (SB 876, Padilla) would require insurers to maintain disaster recovery plans, mandate double penalties during declared emergencies, indemnify policyholders, and address the types of adjuster reassignment delays documented in State Farm exams. The Smoke Damage Recovery Act (AB 1795, Gipson) would establish California’s first enforceable public health and insurance standards…

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Firing between US and Iran in Hormuz hits or destroys several ships, UAE port hit

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Firing between US and Iran in Hormuz hits or destroys several ships, UAE port hit & more related News Here

Cooper was careful on Monday to redefine the nature of the US operation. There are no ship-by-ship “escorts,” he said — rather, the U.S. has assembled “multiple layers” of defenses, including ships, helicopters, aircraft, airborne early warning and electronic warfare. “I think we have a much better defense in this process,” he said. The difference…

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MSIG USA names Patrick Dougherty as surety

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MSIG USA names Patrick Dougherty as surety & more related News Here

The rating and launch of the platform comes as the US surplus lines market remains one of the fastest growing segments of the property-casualty sector, driven by growing appetite for sanctioned markets and increased catastrophe, liability and social inflation pressures. Brokers have increasingly turned to E&S carriers for complex property schedules, high-risk casualty business and…

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MSIG USA names Patrick Dougherty as surety

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MSIG USA names Patrick Dougherty as surety & more related News Here

The rating and launch of the platform comes as the US surplus lines market remains one of the fastest growing segments of the property-casualty sector, driven by growing appetite for sanctioned markets and increased catastrophe, liability and social inflation pressures. Brokers have increasingly turned to E&S carriers for complex property schedules, high-risk casualty business and…

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Civil unrest: understanding your comprehensive insurance cover

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Civil unrest: understanding your comprehensive insurance cover & more related News Here

Nigerians have witnessed wanton destruction of properties, looting of businesses, arson and loss of lives, as peaceful protests have turned into destructive civil unrest across the country. Over the past few weeks, Nigerians have witnessed wanton destruction of properties, looting of businesses, arson and in some cases loss of lives, as peaceful protests have turned…

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Oregon Court Upholds Workers’ Compensation Dismissal of Nurse’s United States Claim

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Oregon Court Upholds Workers’ Compensation Dismissal of Nurse’s United States Claim & more related News Here

After surgery, medical evidence revealed that Mooney’s work-related radiculopathy had coincided with those pre-existing cervical conditions. On May 5, 2021, Legacy Health amended its approval to cover the combined conditions of pre-existing fusion at C6-7, Brown-Séquard syndrome, and cervical spondylosis. Then, just a day later on May 6, 2021, the employer reversed course and denied…

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Gallagher relies on Assured Partners deal to boost first-quarter earnings

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Gallagher relies on Assured Partners deal to boost first-quarter earnings & more related News Here

President and Chief Executive Officer J. “We had a great first quarter,” Patrick Gallagher Jr. said. “Our results reflect the strength and sustainability of our business model in a dynamic insurance and economic environment. We remain focused on organic growth, strategic mergers and acquisitions, investments in productivity and quality, and maintaining our culture. We are…

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