November 22, 2004
Nuts & Bolts: Lionheart Insurance added a new facility for swimming pool contractors. Dollars: Limits for general liability up to $1 million with a $1,000 deductible. Minimum premium is $3,500. Carrier: Rated “A,” admitted or nonadmitted depending on classification. State …
November 22, 2004
Nuts & Bolts: Crump E&S of California Insurance Services Inc. announced a new trucking program. Coverage includes auto liability, physical damage and cargo. Dollars: Limits range from $750,000 to $1 million. Premiums and deductibles for cargo range from $500 to …
November 22, 2004
Tom Weigley Portland, Ore.-based Heffernan Insurance Brokers announced the appointment of Tom Weigley as assistant vice president of its Portland office. Weigley will specialize in development of large accounts within the hospitality and trucking industries, with a focus on alternative …
November 22, 2004
Mercury Insurance Company producers acting as brokers are considered agents and not brokers, and thus are not entitled to collect any broker fees, according to the California Court of Appeals’ ruling in Krumme v. Mercury Insurance Company. The Appeals court …
November 22, 2004
Doctors triumphed over lawyers in Nevada when citizens passed a ballot initiative that limits noneconomic damage awards in med-mal cases to $350,000 with no exceptions and limits fees for attorneys, while voters defeated similar initiatives in Oregon and Wyoming. About …
November 22, 2004
I had to laugh at the e-mails I received regarding my IJ West Oct. 25 Editor’s Note. Talk about different interpretations! According to several different readers, I’m either 1) obviously a Kerry/Edwards supporter, 2) neutral on both sides, or 3) …
November 22, 2004
QUOTE:This will impact every underwriter in Lloyd’s and most in London, given the distribution chain they inhabit. There’s still some sense of disbelief here in London at the moment. Hurricane Spitzer seems to have struck New York full on, but …
November 22, 2004
David Snyder, vice president and assistant general counsel for the American Insurance Association (AIA) was part of a support team that went to Amman, Jordan, in June 2004 to assist the efforts of the group that included Arkansas Insurance Commissioner …
November 22, 2004
Perhaps like you, I have been fascinated by the press coverage our industry has received lately–probably more individual stories in prominent newspapers than at any other point in the last 25 years, all thanks to the lawsuit New York Attorney …
November 22, 2004
Through the State Modernization And Regulatory Transparency Act (SMART Act), Congressmen Michael Oxley, R-Ohio, and Richard Baker, R-La., have made a creative initial proposal to re-energize state insurance regulation based on principles of competition and uniformity. It is important to …