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$52M Awarded by Montana Jury Awards in Bank Lawsuit

A Montana jury has awarded an office supply manufacturer $52 million in its lawsuit against its former bank. Masters Group International Inc. sued Comerica Inc. after the bank reneged on a November 2008 agreement to delay collection of a $10.5 …

Sharkproof part 3 – Influence

                             Shark Proof The three I’s in Shark proofing are Insulation –Investment – Influence In the first two installments, we covered Insulation & Investment. Today I finish the series with Influence. As you remember, a ” Shark”  is what I …

Fishermen Settle Suit With Pacific Seafood in Oregon

Fishermen who alleged that an Oregon company used its size to hold down the prices it paid for seafood have settled their suit and won’t get any damages or see the company broken up. The Eugene Register-Guard reported that Pacific …

Port Smith Agency Owner Missing

Malcolm Tidwell, an insurance agent from Port Smith is reported missing. The exact date of his disappearance is unknown. Police were first alerted to his disappearance by one of his clients who said that he missed their weekly golf game …

Western World Insurance Group Introduces Mobile Integrated Platform

Western World Insurance Group has launched a new mobile website for its Western World Integrated Platform (WWIP) program. The original WWIP was introduced in 2010. The new Western World platform has the ability to rate, quote, and bind on iPads …

Beacon Hill Expands WC Product to Environmental Contractors, Consultants

PartnerOne Environmental, Beacon Hill Associates’ underwriting division, now offers workers compensation coverage to additional environmental contractors and consultants. Coverage is provided by a group of “A” rated insurance carriers. PartnerOne Workers Compensation is available in the following states: Ala., Ark., …

Colo. Court Awards $18M to Worker Injured by Telephone Pole Collapse

The Colorado Supreme Court has upheld an award of $18 million in exemplary damages to an Xcel Energy lineman who was injured when a Qwest Communications International Inc. telephone pole that he was working on collapsed. Andrew Blood was injured …

What’s Your Definition of Producer?

It’s a funny experience writing articles for insurance publications and speaking at industry functions. After nearly 750 articles and presentations, the only articles or presentations that really ever spark anger (aside from the ones insurance carriers dislike for shining a …

Strike Insurance? Maybe it Needs Some Broadway-type Promotion

It’s by no means a common peril, but the significant publicity and financial loss generated by the stagehands’ strike on Broadway and writers’ strike in Hollywood has some businesses asking about availability of that seldom-sold coverage: strike insurance. “It’s certainly …

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