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Tropical storm Bret forecast to strengthen en route to Caribbean
Published on June 20, 2023
Tropical storm Bret formed in the Atlantic yesterday, becoming perhaps the earliest storm to form so far east, which experts are saying has been fuelled
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Liberty Mutual Avoids Payout Even Though Sublimit Omitted from Policy
June 20, 2023
What happens when an insurance carrier, its underwriter, a broker and the insured all forget to make sure a sublimit endorsement on wind-driven rain losses is included in a multi-million dollar property policy? In the case of a Liberty Mutual …
Verdict in Oregon Wildfires Case Highlights Risks Utilities Face amid Climate Change
June 20, 2023
PORTLAND, Ore. (AP) – A jury verdict that found an Oregon power company liable for devastating wildfires – and potentially billions of dollars in damages – is highlighting the legal and financial risks utilities take if they fail to take …