Arizona insurers caution against shielding utilities from certain wildfire liabilities

[ad_1] The case stems from a September 20, 2017 workplace accident, where You Tien Chen, a worker employed by subcontractor 177 TS Group, Inc., fell from a ladder while working at a construction site. The site was owned by Mayer Malbin, which was insured by Hartford Fire Insurance Company. TS Group, the subcontractor, held a…

[ad_1] Running a small business comes with big responsibilities—from protecting your property and employees to understanding the fine print in your insurance policies. At Central Insurance, we’re committed to helping business owners navigate these challenges with confidence. In this roundup, we’ve gathered our most valuable small business resources to help you understand your coverage, manage…

[ad_1] He noted that “our goal with proactive compliance is to look at the much earlier set of communications and other unstructured data, where some of these bad ideas get started, and that allows us to find things much earlier and do corrective actions like education or improvements to policies…” A report by KPMG highlights…

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[ad_1] Consumer Watchdog, a nonprofit advocacy group, has also condemned the move, calling it a violation of California’s Proposition 103, which requires that insurers fully justify any rate increase before implementation. “The public deserves transparency,” said Carmen Balber, the group’s executive director. “Refunds after the fact do little for homeowners who are already struggling.” [ad_2]…