liability coverage News

PG&E Fire Insurance Costs Skyrocket After Bankruptcy, Fires

PG&E Corp. is finding it very costly to buy fire insurance after wildfires triggered by its power lines sent the company into bankruptcy and left it paying $25.5 billion for claims. It’s hoping customers will foot the bill. The San …

Texas County Approves $1.8M Settlement in Sandra Bland Wrongful Death Suit

Leaders of a Texas county Wednesday approved a $1.8 million settlement in a wrongful death lawsuit filed by the family of Sandra Bland, who died in jail days after being arrested last year. An overall $1.9 million settlement was disclosed …

The Potential Liabilities and Insurance Coverage Implications of Solar Panels

Solar panels are quickly becoming a fixture in our everyday lives. Whether driving down a country road or the busiest highway, you will see solar panels dotting the roofs of commercial buildings and residential homes alike. Comprised of photovoltaic cells, …

The Benefits of Locating Lost Policies

There are a variety of situations when a lost policy might need to be located, according to Sheila Mulrennan, president of the New York-based Insurance Archaeology Group. Searches are typically associated with long tail liability claims, the most common claim …

Vendor Selected for Oklahoma Temporary Motorist Liability Plan

The state of Oklahoma has chosen Red Rock Insurance Company, an Oklahoma-based business, to provide liability coverage for offenders whose license plates were seized for failure to carry state-mandated auto insurance. House Bill 1792, signed into law in April, allows …