This article was originally published on the Boston Business Journal’s website. View the article here. What do the overwhelming majority of Fortune 500 companies have in common? They are in the insurance business and have created wholly-owned insurance companies, referred to as “captives,” to insure risk. Many small and… Read More
Massachusetts Senator James B. Eldridge recently filed Massachusetts Senate Bill 2888, “An Act Concerning Business Interruption Insurance.” If enacted, the proposed legislation decrees that every policy of insurance insuring against loss or damage to property which includes the loss of use and occupancy and business interruption shall be construed to… Read More
SJC rejects expansion of ‘in for one, in for all’ rule… Read More