Yearly Archives: <span>2010</span>

Ohio: Attorney Fees Distinct from Punitive Damages

The Ohio Supreme Court recently issued a slip opinion finding that attorney fees are distinct from punitive damages and that public policy does not prevent an insurance company from covering those fees on behalf of an insured. In Neal-Pettit v. …

Business Moves

Fremont Michigan, Northern Mutual Fremont Michigan InsuraCorp Inc., a Michigan-exclusive property and casualty insurance company headquartered in Fremont, Mich., and Northern Mutual Insurance Co. (Northern), a Michigan mutual insurer, have agreed to a strategic alliance between the two insurers. Northern …

Car Insurance Mandate Begins in Wisconsin

All Wisconsin drivers were required to carry auto liability insurance beginning June 1, but the question remains as to how many will follow the law. Only about 15 percent of the state’s drivers are currently uninsured, roughly the same percentage …

Congress’s inability to act leaves many in flood prone areas vulnerable – for the second time this year and the fourth in 12 months’ time. When it rains it pours, as the saying goes. By extension, one could say that …

Promoting Employee Wellness Yields Substantial Business Returns

Do the companies you work with actively promote health and well-being in the workplace? If the answer is no, they’re not alone. According to a survey by Right Management, a subsidiary of Manpower Inc., less than half of the nearly …

Injured Passenger Can Sue Airline for Negligence in State Court

A disabled passenger who fell and injured himself while exiting a commuter plane in Philadelphia can sue the airline in state court, a federal court has ruled. The suit – which a lower court tossed, ruling that federal law preempts …

New York Insurance Regulator Hands Out Large Fines

New York insurance regulators have handed out some sizable fines in the last several months, according to a new report, including a $360,000 fine for a large national insurer that overcharged auto insurance customers over several years. Clarendon National Insurance …

People

Wholesaler Crump Insurance promoted Kevin Hahn to executive vice president. As head of New York brokerage operations, Hahn will oversee Crump’s offices in Long Island and New York, and its environmental practice. XL Insurance appointed Gary S. Kaplan to the …

Storm Management

The Atlantic hurricane season forecasts are in and they aren’t pretty. All the major forecasters have predicted the season will be much more active than last season. The National Oceanic and Atmospheric Administration (NOAA) expects an “active to extremely active” …

Agents: How to Avoid Traps of Selling on Price

The standard homeowners policy is increasingly a trap for consumers. Low rates!” “Lower your premiums!” “Compare and save!” Turn on the TV or search the Web on the term “homeowners insurance,” and you’ll be inundated with offers like these. To …