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Rhode Island’s new bill redefines unfair claims settlement practices for insurers
A newly introduced bill in Rhode Island could significantly change how insurers process claims in the state. Senate Bill S1015, introduced on May 2, 2025, proposes a sweeping update to the state’s Unfair Claims Settlement Practices Act, redefining unfair conduct and creating stricter requirements for claims handling, vehicle repairs, and settlement transparency. Source link
New York court shuts down city’s $100k reimbursement bid in firefighter injury case
In this case, the City of Newburgh allowed several years to pass before requesting an award for the post-retirement period. As a result, Schulze received both § 207-a(2) payments and retroactive workers’ compensation for the same time, totaling about $106,000. But the court made clear that the city’s remedy was not through the workers’ compensation…
7 Tips for Storing an RV
Regular inspection: Check for droppings, chewed wires or nesting materials. [2] 2. Clean the RV exterior Routine cleaning can prevent the accumulation of dust, mud, and other harmful substances that could lead to potentially costly repairs. This is particularly important for the roof of your RV, which should be inspected and cleaned before storing. Also,…
Lockton outlines business merger | Insurance Business America
Lockton Professional and Executive Risk will provide insurance broking, risk advisory, and claims support across various industries. Key areas of expertise include directors and officers liability, cyber risk, general partnership liability, errors and omissions/professional indemnity, employment practices liability, fidelity/crime, fiduciary liability, and insurance solutions for digital assets. Source link
Travelers Indemnity defeats age discrimination suit as court dismisses appeal over arbitration
Yvonne Michaud, a veteran employee who had been with Travelers for roughly 45 years, resigned in May 2019 at the age of 69. In 2021, she filed a lawsuit claiming that the company had discriminated against her based on her age. Michaud said she’d been passed over for promotions, denied raises, and not compensated for…
Skyward CEO ends ties with litigation finance firms over social inflation concerns
In April, Georgia enacted significant tort reform through Senate Bills 68 and 69, marking the most comprehensive overhaul of the state’s civil litigation system in nearly two decades. Gov. Brian Kemp signed these bills into law, following a legislative session that prioritized legal system reforms aimed at reducing litigation costs and stabilizing insurance premiums. Source…