Insurance companies asked a federal appeals court in New York earlier this month to reject a jury verdict that would enable developer Larry Silverstein to obtain an extra $1.1 billion to rebuild the World Trade Center complex. Meanwhile, Silverstein’s lawyers …
Panelists agreed unanimously that uniform statewide building codes are necessary to have everyone prepared for hurricanes and that local building departments had to enforce stronger codes. Up-to-date building codes, standards equal effective ‘disaster mitigation’ Sound, up-to-date and successful building codes …
With the eyes of Congress turning to insurance reform, most commentators are focused on how change might affect the overall insurance industry and agents. But the often-overlooked surplus lines segment of the industry could end up looking different, maybe even …
The top functions of an agency newsletter are to keep in touch with existing insureds at times other than renewal and to establish or maintain contact with selected prospects. Is your agency’s newsletter a snooze-letter? If your agency sends out …
Seventeen-year-old Brittney Hudson wasn’t wearing her seat belt when it mattered most, the moment her 2004 Toyota Celica rolled over along a rural stretch in western Colorado and ejected her from the vehicle. The crash happened a day before Thanksgiving …
US Airways cannot collect insurance for post-9/11 business losses because it already received money for that purpose from the federal government, the Virginia Supreme Court ruled March 3, according to an Associate Press report. The Tempe, Ariz.-based air carrier received …
S.C. Big ‘I’ topics: Insurance fraud and “hot topics” facing the insurance industry will be discussed by South Carolina Attorney General Henry McMaster and Director of Insurance Elanor Kitzman during the March 22 and 23 annual Spring Conference and Exhibition …
The Independent Insurance Agents of Georgia has suggested three bills and is closely watching over a dozen bills being proposed in this session of the Georgia Legislature. The Independent Insurance Agents of Georgia suggested three bills that were introduced to …
Progressive drives into W.Va. The Progressive Group of Insurance Companies has announced it is now offering commercial auto insurance in West Virginia. While Progressive’s commercial coverages are available directly to consumers by phone and over the Internet, the company said …
Commissioner of Insurance George Dale suspended the 180-day repair deadline provision in personal and commercial property replacement insurance policies as to Hurricane Katrina claims in Bulletin #2006-3 issued on Friday, Feb. 24. In the same bulletin the commissioner suspended the …
