Northwestern National Insurance Company v Carlson (Minn. App. March 7, 2006) Ruling: An insured’s cause of action against a liability insurer for breach of its contractual duty to indemnify does not accrue, and, therefore, the statute of limitations does not …
By serving your employees with the same retention principles that you use with clients, you can enhance the value and durability of your employee relationships and ensure a long-term relationship. In previous articles, Paul Martin and I have shared key …
Nixes joint and several fix; also homebuilder damages cap 10 Northeast warned of ‘historic’ storm this year Meteorologists say patterns mimic 1938 Long Island Express 12 Insurers unlikely to alter credit scoring Industry appears unaffected by uniformity move by credit …
Shareholders of Lincoln National Corp. approved its $7.5 billion acquisition of rival Jefferson-Pilot Corp. The combined company, with 2004 revenue of $9.5 billion, will be headquartered in Philadelphia. Eastern buys Howland’s Agency in Mass. Eastern Insurance Group has acquired Howland’s …
New Markets Commercial risks catastrophe cover Nuts & Bolts: International Catastrophe Insurance Managers and National Fire and Marine Insurance Company have launched a new catastrophic coverage product for commercial special risks. The product features earthquake policies for businesses with unique …
States addressing widening tragedy of teen driver deaths A new report uncovers the wider tragedy of fatal car crashes involving teen drivers and is putting new impetus behind state efforts to limit passengers in teenagers’ cars. Over the past decade, …
The Olympic Games began and ended without incident but what if they had been cancelled? While Italians sadly said farewell to the Torino 2006 XX Olympic Winter Games, held Feb. 10-26, insurers are happy the event came and went without …
The northeast U.S. coast is “long overdue” and could be the target of a serious hurricane, perhaps as early as this season, according to forecasters. Weather experts at the AccuWeather.com Hurricane Center say this year could bring the Northeast a …
Lockton Companies, Inc., the Kansas City, Mo.-based privately owned insurance broker, has opened a New York retail office, vowing to target complex middle-market clients and take a focused approach towards the Fortune 1000 and selected industries. Since the first of …
A hasty rescission action can lead to extra-contractual liability and, in this Massachusetts case, an unfortunate judicial opinion. by Harvey Weiner Although the road to rescission of an insurance policy can be covered with obstacles and potholes, usually a failed …
