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Do You Need Self Storage Insurance? Here’s What to Know
[ad_1] Whether you’re downsizing, between homes, or simply short on space, using a self-storage facility is a smart solution for keeping your personal belongings safe. But while your items may be locked up, they’re not immune to damage or loss. That’s where self storage insurance comes in. There are over 52,300 self-storage facilities in operation,…

Elutia v. Medtronic: Delaware court rules on indemnity and insurance obligations in FiberCel lawsuit
[ad_1] The case, Elutia Inc. v. Medtronic Sofamor Danek USA, Inc., stems from a January 24, 2019, Tissue Product Supply Agreement. Under the contract, Elutia agreed to supply FiberCel, a bone matrix product, to Medtronic for distribution. In June 2021, a single lot of the product was recalled after allegations that it caused patients to…

July catastrophes cost Allstate $184m
[ad_1] NOAA forecasts up to five major hurricanes by November [ad_2] Source link

Maryland requires RBC compliance and orders auto insurance affordability study under HB 1098
[ad_1] Factors contributing to premium increases, Transparency options, Definitions of “affordability” in rate-setting, Methodologies for incorporating affordability into pricing, and The financial condition of private passenger auto insurers and potential responses to excess profits. The workgroup will include members of the state legislature, the Insurance Commissioner, MAIF’s Executive Director,…

Kentucky bill proposes workers’ comp expansion for PTSD in first responders
[ad_1] House Bill 1228 creates a carveout to Kentucky’s long-standing rule that excludes psychological injuries from workers’ compensation coverage unless directly caused by physical harm. The bill, which applies to police officers, firefighters, emergency medical personnel, front-line state workers, and Kentucky National Guard members, introduces a presumption of compensability for PTSD diagnoses stemming from job-related…

Amwins introduces excess casualty program for public entities
[ad_1] Program provides coverage for municipalities, schools and more [ad_2] Source link