New York Court: Flood Sub-Limit in Policy Applies to Delay Loss July 20, 2015 By Young Ha The New York Supreme Court’s Appellate Division affirmed that a $5 million flood sub-limit in a builders risk policy that...
Tennessee Adopts Online Auto Insurance Verification July 6, 2015 The James Lee Atwood Jr. Law, named for a driver who was killed by an uninsured motorist in the state...
Supreme Court Opinion to Have No Effect on Health Insurers: S&P July 6, 2015 The Supreme Court opinion upholding current tax subsidies under the Affordable Care Act (ACA) will not have any impact on...
Nevada Governor Wants Officials to Support Self-Driving Cars July 6, 2015 Nevada Gov. Brian Sandoval voiced his support for self-driving cars. Sandoval said this month he wants state transportation officials to...
North Carolina Approves Amendments to Captive Insurance Law July 6, 2015 Amendments proposed to the North Carolina Captive Insurance Act by the North Carolina Department of Insurance (NCDOI) were met with...
E&O Insights: Will Your Files Help or Hurt You in a Disaster? July 6, 2015 By Curtis M. Pearsall Typically, there’s not much warning when a disaster strikes. No one knows the “when,” “where” and “how severe” of the...
Farmers Introduces Rideshare Coverage in Utah July 6, 2015 Farmers Insurance has launched what is believed to be the state’s first rideshare insurance coverage designed to provide seamless coverage...
Ex-Senate Candidate Grant to Run for North Carolina Insurance Commissioner July 6, 2015 Unsuccessful 2014 U.S. Senate candidate Heather Grant says she’ll run for North Carolina insurance commissioner in 2016. Grant of Wilkes...
P/C Direct Premium Written Up Nearly 4 Percent July 6, 2015 By Douglas A. Powell Direct premium written (DPW) for property/casualty insurance companies continues to increase, albeit gradually. At year-end 2014, more than $570 billion...
7 in California and Washington Charged with 100+ Counts of Auto Insurance Fraud July 6, 2015 Seven people in California and Washington were arrested for allegedly conspiring to defraud eight insurance companies by submitting fraudulent auto...