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Imbs joins Arthur J. Gallagher & Co. as firm expands
[ad_1] The latest in its acquisition spree [ad_2] Source link

When asset trading errors trigger coverage questions
[ad_1] Trade errors, Sullivan said, can take many forms. “Common categories include, but are not limited to, data entry errors, missed deadlines, failure to execute, miscommunicated trade instructions, collateral management failures and breaches of mandate.” [ad_2] Source link

Motorists Commercial Mutual Insurance v Farm Bureau over dealer courtesy van crash
[ad_1] At the time, the dealership’s shuttle was insured by Motorists Commercial Mutual Insurance Company. Smith lived with his then-wife, whose vehicle was insured by Farm Bureau, making him eligible for resident-relative coverage under her policy. Lacking personal auto insurance, Mr. Smith also filed for benefits through the Michigan Automobile Insurance Placement Facility, which provides…

AB 226 moves to senate after 72-0 vote to strengthen California FAIR Plan
[ad_1] The bill, sponsored by Assemblymember Lisa Calderon (D-District 56), would authorize the California FAIR Plan to access additional financial capacity through the issuance of bonds or the establishment of a line of credit. The legislation follows a recent $1 billion assessment issued by the FAIR Plan. [ad_2] Source link

New bill to stop undocumented immigrants claiming damages
[ad_1] The legislation, which has already cleared the House by an overwhelming 96-17 margin, proposes to bar individuals who are unlawfully present in the US from seeking compensation for general damages — such as pain and suffering, emotional distress, and lost wages — in civil cases stemming from automobile accidents. However, it would still permit…

Sonder Health Plans to be liquidated as market pressures mount
[ad_1] Humana, one of the largest Medicare Advantage providers, exited unprofitable plans earlier this year, cutting around 550,000 members, though most transferred to other Humana offerings. The move helped boost its profitability, with net income rising nearly 67% in Q1. [ad_2] Source link