Travelers unit faces lawsuit for denying hail loss claim

[ad_1] Legal professionals are assessing the insurance implications of trade-related disruptions. According to Pillsbury Law’s Jeff Kiburtz and Lisseth Ochoa-Chavarria, several lines of coverage may be affected, including political risk, directors and officers liability, builder’s risk, subcontractor default, and marine insurance. Although tariffs do not cause physical damage, the financial and operational fallout may lead…

[ad_1] Tenant neglect and crime scores are affecting premium trends [ad_2] Source link

[ad_1] The House has also advanced several bills focused on tort reform. House Bill 434, which has been sent to the governor, would increase the threshold at which uninsured drivers can recover bodily injury medical expenses, raising the limit from $15,000 to $100,000. Another measure, House Bill 450, would require plaintiffs to demonstrate that injuries…

[ad_1] Sodium cyanide update An exclusion zone is in place around both vessels. According to some reports, the cargo ship owners say the Solong was not carrying sodium cyanide, as previously reported, but did carry empty containers that once held the toxic chemical. [ad_2] Source link

[ad_1] Proponents argue that the bill is necessary to protect older drivers from unfair rate increases, particularly as Louisiana grapples with high auto insurance premiums. According to the report, the bill has faced opposition from the insurance industry, with the American Property Casualty Insurance Association (APCIA) asserting that it unnecessarily duplicates existing regulations. [ad_2] Source…

[ad_1] For a personalized premium calculation and detailed benefit illustration of LIC’s Jeevan Labh 736, download the Smart – All In One Calculator Android app. This app provides: ✔ Instant premium calculations based on your age, term, and sum assured ✔ Maturity benefit estimation with bonuses and final addition bonus ✔ Comparison of different policy…