Florida property insurers are warning residents that a major hurricane is likely this season given the state’s history of storms. At the same time, the industry says the state-backed catastrophe reinsurance fund, the Florida Hurricane Catastrophe Fund, and the state’s …
There are far easier ways to spend one’s leisure hours than slogging through tough early-morning runs, pedaling through sunburns and saddle sores and accidentally swallowing gulps of salt-, lake- or chlorinated water. But insurance professionals around the country say the …
Travelers National Accounts introduced a Money Market Collateral Account solution. The new product, offered exclusively to qualified Travelers National Accounts, Construction and Discover Re customers, provides clients an alternative to posting Letters of Credit (LOCs). Discover Re is the “unbundled” …
The trial began this week in Oregon in a civil complaint that accuses trucking giant C.R. England Inc. of gross negligence. The suit, which will be heard in Portland’s federal courthouse, is being brought by Andrea Lister, the daughter of …
The Iowa Insurance Division reported that the National Council on Compensation Insurance has made a rate filing which affects the premium rates for workers’ compensation insurance. The rate filing proposes an overall increase in rates of 2.3 percent. Included in …
Houston-based insurance wholesaler London American Risk Specialists Inc. has promoted Chris Chiodetti to multi-lines manager. She will be responsible for all multi-lines/middle market operations, underwriting and servicing for London American and will report to Rob Arnold, president. Chiodetti has been …
A federal appeals panel on Aug. 20 upheld a ruling that jailers in Garland County, Ark., can be sued personally for allegedly ignoring a suspected intoxicated driver who didn’t move for hours in his cell and suffered severe brain damage. …
The Louisiana Citizens Property Insurance Corporation will file an appeal today of a $95 million award in a class action lawsuit that accused the state-backed property insurer of last resort of taking too long to pay claims after Hurricane Katrina …
A homeowner’s policy will not pay damages to the mother of a teenager who died after overdosing on painkillers he stole from the man with whom he and his mother lived, a panel of justices from the Massachusetts Appeals Court …
Once a week, Arizonan Ruthie Culver steps into her golf cart and drives the 3 miles or so from her home to Banner Boswell Medical Center in Sun City, where she volunteers. If it’s raining, she gets behind the wheel …
