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State Farm Adjuster’s Opinion Does Not Override Policy Exclusion in MS Sewage Backup

State Farm Adjuster’s Opinion Does Not Override Policy Exclusion in MS Sewage Backup

Insureds cannot rely on the word of an insurance adjuster—even one hired by the insurer—to show that a homeowners’ policy covers sewage backup, a federal appeals court said in a case that underscored the sanctity of policy exclusions but...

State Farm ›

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Beazley Agrees to Zurich’s Sweetened £8 Billion Takeover Bid

Beazley Agrees to Zurich’s Sweetened £8 Billion Takeover Bid

Zurich Insurance Group AG has made a sweetened £8 billion ($11 billion) bid to buy Beazley Plc, an offer that’s won the tentative approval of the UK insurer’s board. The Swiss insurance giant’s revised cash proposal of 1,310...

Beazley ›

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