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Senator Jeff Brandes and local insurance law experts tell this publication that the state’s insurance market will be hugely vulnerable without reform. -
The move follows Willis’ explorations of sales of Willis Re and European units.
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The bill sets out changes to roofing cover and changes attorney compensation structures.
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The trade body has asked a court to invalidate the state insurance regulator’s recent emergency order.
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The remarks come in the context of a dispute over ballot access in Georgia, as corporations speak out.
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Policies that incept on or after October 1 this year will be subject to the new structure.
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The new law raises the burden of proof required for claims to succeed and introduces a one-year time limit.
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The regulator raps the UK division for failure to disclose insurance giant’s holdings in Powergrid and Munich Re.
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The executive action by the insurance commissioner follows a failed attempt to pass legislation that bans credit scoring in insurance pricing.
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Marijuana is legalized to varying extents in 44 US states but still banned by the Federal authorities.
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Fema’s proposed adjustment would mean significant rate hikes in California, Delaware, Florida, South Carolina and Washington.
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The figures suggest that any coronavirus-related disruption to settlement rates may be temporary.
