Insurance Journal was recently contacted by a former employee of Manning Riddell Insurance Services Inc., the Torrance-based risk purchasing group reportedly under investigation by the California Department of Insurance for allegedly issuing hundreds of bogus errors & omissions policies to …
As an agent or broker, it can be frustrating to reveal an exorbitant price tag on a premium for a client. No one likes to hear that their insurance coverage is difficult to obtain, and if that, at a high …
Despite a heightened awareness, sexual harassment still is pervasive in the workplace. Any instance of sexual harassment is regrettable for the distress it causes the victim. It also means grief for the employer—and for the companies that insure them. Resolving …
Almost two years ago, I wrote a column for “Legal Beat” entitled It Couldn’t Be Done: The Policyholder’s Idea to Reinvigorate Third Party Bad Faith. The article outlined the attempts by a very clever Dallas policyholder attorney and his colleagues …
Although I’ve been around the specialty industry for more years than I care to reveal (this information is in poor taste, akin to discussing a woman’s age), and now have seen multiple hard and soft markets, I’m confused. Why such …
According to the U.S. Census Bureau there were more than five million firms employing fewer than 20 people in 2001, not counting the millions of people who are self employed. Another 600,000 firms employed between 20 and 499 people and …
The Surplus Lines Stamping Office of Texas was established in 1988 as a result of legislation drafted by a committee that included Texas Surplus Lines Association members, Texas Department of Insurance staff and other insurance industry professionals, and passed by …
Nuts & Bolts: Superior Access Insurance Services Inc. is offering a package and commercial auto program featuring a replacement cost with optional ACV, no coinsurance and property value guard automatic increases. Building coverage includes all buildings, completed additions and maintenance …
Nuts & Bolts: Axiom Insurance Managers is offering a new Fine Dining Program. Dollars: Policy limits of $1 to $2 million, $1 million for liquor. No deductibles and minimum premium of $2500. Carrier: Great American Insurance Co. rated “A,” admitted. …
Nuts & Bolts: GE Commercial Insurance has increased capacity to write Umbrella and Follow Form Excess coverage. Examples of classes include, agricultural, alarm dealers, installation and service companies, amusement parks, athletic equipment manufacturing, commercial artisan contractors, commercial real estate, component …
