The Third Circuit denied these claims. The court said that the settlement plan does not alter the non-settling insurers’ contractual rights, and emphasized that the plan includes language confirming that the terms of the relevant policies remain unchanged. The panel also dismissed the bad faith argument, characterizing it as a restatement of the rights-preservation issue.
At Central Insurance, we understand construction businesses’ unique safety challenges. That’s why we’re dedicated to providing comprehensive risk management solutions to protect your team and your bottom line. We’re excited to introduce Shawn Gentry as our new loss control construction specialist to enhance our commitment to your safety. With over a decade of hands-on experience…
As we begin a new year, I want to take a moment to reflect on the incredible work we’ve accomplished together and share my excitement for what lies ahead in 2025. At CH Insurance, our foundation rests on our employees, our clients, our carrier partners, and our community. These pillars shape every decision we make and…
“FinTech Plus exemplifies Willis’ commitment to innovation and our alignment across the global network,” said Trenton McNee, fintech and digital assets industry leader for Great Britain. “Working closely with our US counterparts, we combined deep industry insight with Willis’ worldwide insurer partnerships to craft a truly dynamic solution, one that anticipates tomorrow’s risks and supports…
At the heart of the proposal is a state-administered insurance pool, funded through a combination of legislative appropriations (capped at $25 million), fees from participating managers, and interest income. Liability coverage would be limited exclusively to prescribed burns conducted by certified individuals, with exclusions for workers’ compensation, automobile liability, and other professional liabilities. Source link
