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Court sides with Catskill Barbeque in insurance payout fight against Mid-Hudson Co-Operative
[ad_1] The case stems from a fire that damaged Catskill Barbeque’s property in the Town of Fallsburg, Sullivan County. After the blaze, the business filed a claim with Mid-Hudson, its insurance carrier, seeking indemnification for its losses. Mid-Hudson responded with a payment of $175,000, arguing that this amount represented the maximum allowed under the policy….
Insurance moves: EmPRO, Origin Specialty, Marsh and Coalition
[ad_1] They include Marsh swooping for a top Aon executive [ad_2] Source link
‘Poly-employment’: Transparency in workplaces encouraged amid rise of secondary jobs
[ad_1] ‘Just being transparent can drastically lower the chance of a future clash happening,’ says expert [ad_2] Source link
Allianz confirms outlook following robust start to the year
[ad_1] “Allianz’s first quarter performance and our confirmed outlook underscore our financial strength and resilient business model, which benefits from the attractiveness of our customer value propositions amid geopolitical and economic uncertainty,” he said. “In fact, we view this uncertainty and change as a catalyst for innovation and growth, allowing us to pursue new opportunities…
Markel launches cyber coverage for indirect war losses
[ad_1] Elsewhere, Markel launched FintechRisk+, an insurance policy tailored for fintech companies. This policy offers comprehensive coverage, including financial services and technology liability, directors and officers (D&O) liability, theft, and cyber protection, with limits up to $20 million. [ad_2] Source link
State Farm wins back right to pursue subrogation in warehouse fire case against Moving & Storage
[ad_1] Before that final payment, however, K&B reached a separate settlement with Moving & Storage’s insurer, Selective Insurance Company of America. On November 16, 2020, Selective paid K&B $92,424.24 in exchange for a general release. The agreement released both Selective and Moving & Storage from “any and all claims that may be submitted by another…