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The Sixth Circuit Tackles Twombly, Iqbal And The Malfunction Theory | Cozen O'Connor

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Most states have adopted a version of what is typically referred to as the “Malfunction Theory” that permits circumstantial proof of a product defect in a product liability action. The Malfunction Theory largely corresponds to the doctrine of
res ipsa loquitur in negligence cases. Generally, the concept is that if a product fails in a fashion that most likely would not have occurred if it were not defective, and reasonable alternative explanations can be ruled out, the jury is permitted to conclude that the product was defective, even absent specific proof of a defect. The Malfunction Theory is adopted at Section 3 of the ....

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Simone Grimes named chief financial officer at Acadia Insurance

Simone Grimes named chief financial officer at Acadia Insurance
Simone Grimes
Simone Grimes has been appointed chief financial officer of Acadia Insurance in Westbrook. She succeeds Charlie Hamblen, who will retire later this year. Grimes has diverse senior leadership experience in the worlds of finance and insurance, previously working at PricewaterhouseCoopers, then as a regional vice president at a national insurance carrier and most recently serving as the deputy chief operating officer and senior strategy executive at the Federal Housing Finance Agency in Washington, DC.
Eric Rasmussen
Gawron Turgeon Architects, of Scarborough, has announced two new hires to its team. ....

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Acadia Insurance Appoints Grimes as Chief Financial Officer Succeeding Hamblen

Acadia Insurance Appoints Grimes as Chief Financial Officer Succeeding Hamblen
insurancejournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancejournal.com Daily Mail and Mail on Sunday newspapers.

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Wunderite Powers Digital-First Model for Independent Insurance Agencies

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Wunderite Powers Digital-First Model for Independent Insurance Agencies
WunderiteFebruary 10, 2021 GMT
BOSTON, Feb. 10, 2021 (GLOBE NEWSWIRE) Wunderite, provider of an intuitive, customer-facing platform for independent insurance agencies, is pleased to announce a partnership with digital-first insurance agency Dremca which highlights how agencies can collaborate with insurance carriers to automate processes and deliver a more modern purchase experience for customers.
Dremca’s first product, an inland marine policy, is designed for individuals and businesses purchasing small equipment, including tractors, utility vehicles, and skid steers, and is underwritten by Acadia Insurance (Acadia), a Berkley company. Dremca’s inland marine policy is available today in Massachusetts and will soon be available in Connecticut, Maine, New Hampshire, New York, Rhode Island, and V ....

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Avesta campaign for critical-need senior housing enters final year

By Staff
Avesta Housing s $2 million three-year campaign to build affordable housing for seniors in areas where there s a critical need got a boost to begin its final year.
The Mascoma Bank Foundation, based in Lebanon, N.H., awarded a $15,000 grant to the Portland-based nonprofit s Silver Hearth Fund, which Avesta launched in 2019. The grant is the latest of 35 donations pledged to the campaign, which has raised $1.4 million and expects to hit its goal by the end of the year.
The Silver Hearth Fund fundraising initiative is focused on addressing the acute affordable housing needs of older adults living in Avesta’s market areas in Maine and New Hampshire. ....

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