Commercial Lines

Factory Mutual paid Samsung $126 million of the $400 million claim, citing policy exclusions for events that occur off the insured property.

The lawsuit alleges that the 35 linked MSG companies paid "millions of dollars in premiums," but "instead of honoring their obligations, the insurers have paid nothing for the MSG Insureds' losses."

Promptly reporting worker injuries protects the employee and the employer in multiple ways.

Whether a developer mistakenly believed it had the right to remove trees and dirt from a property was the deciding factor in the ruling.

Around 75% of workers say they are more likely to stay with a company that prioritizes physical safety.

Cyber attackers won't hesitate to target companies during the most devastating times, so preparation is vital to protect company data.

Michael Pansini, counsel for the plaintiff, said he plans to appeal the decision, calling the statutory employer doctrine 'anachronistic.'

Insurers must identify those highly probable and high-impact, yet often neglected threats.