A rental car customer’s insurer must cover crash injuries, even though an unauthorized driver was behind the wheel. That’s what the Florida Supreme Court decided in a 5-2 opinion recently. The majority ruled in the Gadsden County case that the …
Agents shopping for errors and omissions coverage should compare the details of the policies because not all E&O policies are the same, according to experts in this market. As Scott Goodreau, chief risk officer for global broker Hub International, told …
Ah, Citizens Property Insurance Corp. It’s supposed to be the insurer of last resort but, of course, it has ballooned to become the first and only choice for many property owners in Florida. Now there is a serious push to …
Genstar Capital LLC has completed its previously announced acquisition of Insurity, the former LexisNexis Insurance Software Solutions business, a provider of software and services to the property/casualty insurance industry. Genstar is a middle market private equity firm that focuses on …
The state-based workers’ compensation system has evolved and survived for 100 years but it could face tough challenges in the coming years as the country struggles to dig itself out of the deep recession. The recession has caused an “unprecedented …
A Florida rental car customer’s auto insurer must cover crash injuries, even though the driver was someone not authorized under the rental car company’s contact. In a 5-2 opinion on Nov. 23, the Florida Supreme Court overturned a district court …
The merger of insurer Nationwide Mutual with regional carrier Harleysville Mutual is all about growth, not only for the companies but also for their independent agents, according to the CEOs of the two insurers. Harleysville is a “perfect match” for …
We’re in the news business and this isn’t exactly news. It’s more like another confirmation of something we have all known for a long time. Here is the not-so-new news flash: Small business owners trust their independent insurance agents and …
This issue has reports on innovation in insurance and where entrepreneurs find their inspiration. The presenters at this year’s Entrepreneurial Insurance Symposium said they are inspired by their own experiences, history, research and outside sources including academia. As insurers, industries …
The number of mine injuries has been cut in the five months since Alpha Natural Resources bought Massey Energy, which had owned the coal mine where 29 men died in a blast last year, Alpha’s CEO said Thursday. “The year-to-date …
