The specialty insurer, Navigators, avoids defense obligation for a lawsuit against nightclub bouncer over the use of excessive force.
License Revoked and Fined For Failure To Report Actions on Insurance Producer Application
The Massachusetts Division of Insurance revokes a nonresident producer license and fines the licensee $4,000.
Scottsdale Insurance’s Refusal To Pay Wellesley Advisors Fund’s $3 Million Policy Limit Denied
A Massachusetts court rejects an insurer’s refusal to defend leading to its having to pay its full $3 million policy limit.
No Liability under Arch Insurance’s Wrap-Up Policy for Contractor’s Repair of Sub’s Work
Coverage excluded for a contractor’s claim it had “legal liability” to repair sub’s work.
Funding For Insurtechs Down For 2018 But Still Third-Highest On Record
KPMG Report has published its free biannual report on Fintech, including its insights on the past year in Insurtech.
