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Suffolk Construction Company was founded in 1982, by Edward Fish Sr. as an open-shop building contractor. [14] Immediately thereafter, Fish seeded Suffolk with an $80,000 loan and transferred full leadership and management to his 23-year-old son, John F. Fish, who has led the company as president and CEO since its founding.
In early May 2019, NiSource, the parent company of Columbia Gas of Massachusetts, said third-party claims related to the Merrimack Valley gas disaster could cost more than $1 billion. This amount includes property damage , personal injury , infrastructure damage and mutual aid payments to other utilities that helped in the recovery and ...
In 2008, USAA expanded membership eligibility to all military personnel and retirees, and all veterans who separated after 1996. For a short time, USAA also offered enrollment for federal law enforcement. [25] In November 2009, USAA expanded eligibility requirements to offer coverage to anyone who has ever served honorably in the US Military.
USAA, the financial services company serving military personnel and their families, will pay $62.4 million to resolve a lawsuit claiming it overcharged service members and veterans on interest ...
Last year, the institution also reported a data breach that may have impacted around 19,000 members after employees at a USAA contractor shared their access credentials with unauthorized individuals.
There is a considerable variation in how state law governs reciprocal exchanges. Some states have specific laws governing reciprocal exchanges, while others subsume regulation of reciprocal exchanges under the regulations governing captive insurers. Reciprocals can be started directly by policyholders or by an attorney-in-fact.
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Whether or not general liability insurance covers construction defects or "faulty workmanship" is a matter of some debate, as some insurers have viewed poor workmanship as a risk that is covered by a surety bond rather than an insurance policy given that a construction professional may have some influence (through attention to detail, skill, and effort) over whether such a defect occurs.