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State Farm escapes liability in Maryland lawsuit over alleged false truck accident report
The plaintiff, William Young, who represented himself, alleged that State Farm submitted a false accident report to the National Accident Reporting Agency, operated by LexisNexis, in connection with an incident that occurred on or about January 5, 2023, in a CVS parking lot in Largo, Maryland. At the time, Young was insured by Progressive, not…
Rising costs and delays hit home insurance
Insurance claim delays are the longest since 2008 Source link
How favorable are workers’ compensation conditions?
Andy Shelton, of Brown & Brown, gives his market overview of the US workers’ compensation insurance landscape. He discusses the market’s recent favorable conditions, the classification of workers as independent contractors, shifts in workforce demographics and more. Source link
Connecticut weighs LTC insurance rate freeze and reforms
The senator argued that a moratorium would bring all stakeholders to the table to develop a model for addressing LTC insurance issues, which extend beyond Connecticut. The industry has faced significant challenges due to underwriting miscalculations in the 1990s and 2000s, rising medical costs, an aging population, and longer lifespans, according to state and federal…
Federal judge: American National Lloyds Insurance must defend property owner in roofer’s injury suit
In American National Lloyds Ins. Co. v. Alexis, Civil Action No. 23-130, the insurer sought a declaratory judgment that it had no obligation to defend or indemnify Michelange Alexis and Real Estate Brothers, L.L.C., in a lawsuit filed in Berks County Court by Ernesto and Ana Rosa. The plaintiffs allege that Mr. Rosa suffered serious injuries…
Insurance moves: Alera Group, Brown & Riding
“Talicia is an executive who leads with both focus and empathy – for clients and colleagues,” said Gary Piantedosi, president of Alera Group. “Those characteristics, combined with her strategic insights and collaborative leadership style, will benefit both clients and colleagues, and we’re excited about the future.” Source link