The problem of providing workers’ compensation insurance for jockeys and backstretch workers, such as grooms and exercise riders, in the horse racing industry is a complicated one. Only four states — California, Maryland, New Jersey and New York — mandate …
When the going gets tough, the tough go … shopping! Judging by the 18 percent increase in the development of retail shopping centers in the United States in 2005 over 2004, that tongue-in-cheek adage has more than a little bit …
The question of how to structure property insurance rates adequately in coastal zones while still making it affordable for people to live and work there is becoming an increasingly important one to insurers and consumers alike, especially in the wake …
Explaining Seattle-based Safe-co’s recent announcement that it would sell its products directly to the consumer over the Internet, president and CEO Paul Rosput Reynolds said the company previously had been not “completely honest” about its sales distribution channels. “I felt …
Explaining Seattle-based Safeco’s recent announcement that it would sell its products directly to consumers via the Internet, President and CEO Paul Rosput Reynolds said the company previously had been not “completely honest” about its sales distribution channels. “I felt very …
In a May 2006 news release, AXA Art Insurance announced it was offering a $100,000 reward for credible information leading to the location, recovery and return of seven Milton Avery paintings that were reported missing while en route from Boca …
Christiane Fischer, CEO of AXA Art Insurance, was in Chicago when Hurricane Katrina hit the Gulf Coast in August 2005, but that doesn’t mean the giant storm was off her radar screen. In town for a meeting of the Chicago …
In a move it says will “help protect its ability to meet future customer needs throughout Texas while maintaining a strong presence along the Texas coast,” Allstate Texas Lloyds announced it is phasing out windstorm coverage for homeowners along the …
With regard to potential errors and omissions claims against insurance producers in Louisiana arising out of Hurricanes Katrina and Rita, three main coverage areas are emerging as being particularly vulnerable: the wind vs. flood controversy; property valuation; and business interruption, …
The number of bills filed by members of the Louisiana Legislature for the regular session that began March 27 was relatively low, according to the Tatman Group’s David Tatman, a lobbyist for the Louisiana Surplus Lines Association. However, Tatman said, …
