-
Senator Ward told this publication the amended legislation would protect both carriers and policyholders.
-
Policyholders also get another 60 days to pay premiums.
-
The judge also allowed MMC to amend a trade secrets suit over employee defections to add further allegations about Cobbs Allen. -
The executive says carriers have not underwritten or priced for statutory developments.
-
The case brought by a New Jersey restaurant comes as part of a wave of litigation by hospitality businesses against their insurers.
-
The amendment would have forced insurers to cover claims, even where cover does not exist.
-
The proposed legislation would mandate the payment of claims for businesses with fewer than 100 employees.
-
The bill has bipartisan support but is expected to be subjected to substantial committee scrutiny.
-
The Simon Wiesenthal Center teams with a litigant group established by four high-profile American chefs.
-
The trade association is pushing back against the forward-looking legislation.
-
The legislation is prospective so it would not apply to Covid-19 claims.
-
Listing watchdogs rule that the stock hasn’t met the exchange’s minimum price requirements.
