June 20, 2011
New Jersey’s Supreme Court has ruled that a convicted drunken driver has the right to sue the bar that served him. The court’s 5-2 ruling last month stems from a 2006 motorcycle crash in which Frederick Voss had a blood-alcohol …
June 20, 2011
Bolton & Co. based in Pasadena, Calif., named Brett Schulz assistant vice president in the Property & Casualty division. Schulz brings more than 12 years of professional experience working with businesses to identify and implement solutions around workforce management, insurance …
June 20, 2011
A recent survey appears to confirm that there is growing concern among corporate managers about distracted driving risks and liability. Fifty percent of companies with more than 500 drivers said they have knowledge or evidence of such crashes, according to …
June 20, 2011
Insurers must provide full coverage for personal property that’s been moved because of the threat of flooding on the Missouri River, South Dakota insurance regulators have determined. Insurance Director Merle Scheiber issued a bulletin on June 10 stating that any …
June 20, 2011
Florida’s residential property insurance market is bracing for even more volatility after the state’s modeling commission approved the use of the new Risk Management Services (RMS) catastrophe model. The Florida Commission on Hurricane Loss Projection Methodology approved the RMS U.S. …
June 20, 2011
The American Agents Alliance announced it has submitted for title and summary an automobile insurance discount initiative that would allow consumers to receive a discount for having continuous automobile insurance, regardless of the insurance company with whom they are insured. …
June 20, 2011
Margaret Murray Manning of Redondo Beach, Calif., has been found guilty of six felony counts for violating section 550(b) (3) of the California Insurance Code, for allegedly issuing more than 1,000 phony errors and omissions policies for life insurance agents …
June 20, 2011
Employers Need Rules for Mobile Employees Employers who supply their employees with company cell phones, laptops, BlackBerries, iPads and other portable devices could be in for a surprise if an employee is injured while using the device when off-site or …
June 20, 2011
The property/casualty small business sector – those accounts with less than 50 employees – has shrunk substantially since 2007, and there has been a dramatic shift in market share among small, mid-sized and large insurers. The insurance market is shifting …
June 20, 2011
The city of Cedar Rapids, Iowa, has purchased more than 1,000 properties that were damaged during the flooding of 2008. The city said it had acquired 1,001 flood-damaged properties through the Voluntary Property Acquisition Program. After the 2008 floods, the …