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Colorado Man And His Insurer to Pay $500K Over 2017 Wildfire

A Colorado man and his insurance company paid $500,000 to the U.S. government over a wildfire that burned federal land in the state. Dale Owns and Grange Insurance Association made the payment to resolve liability for the 2017 blaze that … from News – Insurance Journal https://ift.tt/3d7I0yB

California Calling for 60-Day Premium Grace Period Amid COVID-19 Outbreak

California Insurance Commissioner Ricardo Lara is asking insurers for a grace period on paying premiums. Lara today issued a notice requesting that all insurance companies provide their policyholders with at least a 60-day grace period to pay insurance premiums to … from News – Insurance Journal https://ift.tt/3a7ke3C

Alera Group Acquires Pennsylvania’s Trilogy Group Benefits

Alera Group, a national employee benefits, property and casualty, retirement services and wealth management firm, has acquired Trilogy Group Benefits LLC, effective February 28, 2020. Trilogy joins Alera Group through local firm AIA, Alera Group. The Trilogy team will continue … from News – Insurance Journal https://ift.tt/38WIzIc

Netflix Sued by Former Prosecutor Over Portrayal in ‘Central Park Five’ Miniseries

A former prosecutor who ran the sex crimes unit in the Manhattan District Attorney’s office in 1989 sued Netflix on Wednesday for defamation over her portrayal in “When They See Us,” claiming the miniseries about the “Central Park Five” fabricated … from News – Insurance Journal https://ift.tt/2U6Fpxv

Proposed N.J. Bill Would Require Insurers to Pay COVID-19 Business Interruption Claims

A proposed New Jersey bill, which aims to create business interruption insurance coverage for COVID-19 related claims despite virus exclusions in many policies, has drawn concern about the constitutionality of legislation like this. “The New Jersey legislation would alter multiple … from News – Insurance Journal https://ift.tt/2xbWqNK

Restaurant Suit Tests Business Interruption Insurance for Coronavirus Shutdowns

A restaurant in the heart of the New Orleans tourism district filed a lawsuit on Monday asking a state judge for a declaratory judgment that its business-interruption policy will cover its damages if it is ordered to close by civil … from News – Insurance Journal https://ift.tt/3a34ij9

Willis Towers Watson Taps Marsh’s Finbow as Head of FINEX Financial Institutions

Willis Towers Watson announced the appointment of Susan Finbow as global head of FINEX (financial, executive and professional risks) Financial Institutions. Based in Toronto, Finbow will be responsible for the direction and servicing of FINEX Financial Institutions teams and client … from News – Insurance Journal https://ift.tt/2xPlBWt