Recent legislative efforts spearheaded by Chairman Tim Scott (R-S.C.) aim to reinforce the authority of state regulators in overseeing the insurance industry, amid concerns over federal overreach. The initiative is embodied in the Business of Insurance Regulatory Reform Act, introduced in the U.S.
The intricate world of international contracts and insurance policies comes front and center as Travelers Property Casualty Company of America grapples with its potential obligations to the Wellons Group, Inc. A high-stakes $26 million lawsuit initiated by Tolko Industries in Canada has thrust this
In recent years, the intricate landscape of childcare insurance in Canada has gone through significant changes, demanding increased attention from brokers and insurers alike. As the demand for early childhood education continues to rise, so too does the complexity of legal and insurance
The legal landscape surrounding underinsured motorist (UIM) benefits within commercial auto policies has seen increased scrutiny and complexity. This attention is largely driven by recent legal cases that illuminate the disparities between personal and commercial policy provisions, particularly in
In a significant legal development, Erie Insurance has emerged victorious in a landmark underinsured motorist (UIM) case revolving around the contentious "regular use" exclusion in Pennsylvania. This ruling, upheld by the state's Superior Court, sends a reverberating message about insurance policy
The appointment of Jordan Atkinson as the new president of NAU Country Insurance Company offers an exciting opportunity for growth and innovation within the crop insurance sector. As NAU Country continues to lead the market with more than a 28% market share, Atkinson's role promises to direct the