Summary of 2015 Tennessee Insurance Legislation July 6, 2015 Below is a summary of Tennessee legislation that pertains to insurance enacted in 2015. Public Chapter 152 – Enacts the...
Business Income: Why Worksheets Alone Don’t Work July 6, 2015 By Randy Crawford Predicting the impact of a catastrophic event on an organization’s future income or profit is an exhaustive risk management exercise...
FEMA Reconsidering Private Insurers’ Role in Flood Insurance June 15, 2015 Federal officials have agreed to consider a proposal calling for an end to the federal flood insurance model that allows...
South Carolina Jumps Aboard Workers’ Compensation Alternative Bandwagon June 15, 2015 By Amy O'Connor A South Carolina lawmaker has introduced workers’ compensation option legislation that would allow qualified businesses in the state to offer...
Texas’ Watershed Dams Saved Estimated $40M in Flood Damage Costs June 15, 2015 While May’s rains brought much needed drought relief across Texas, the torrential downpours in many instances washed out roads and...
Top 5 Issues in Business Interruption Insurance June 15, 2015 By Denise Johnson The high costs related to business interruption should provide an impetus for companies to prep for their clients in advance,...
$4M Fire-Prevention Grant Ignites Passions in Northern California June 15, 2015 City officials accepted a $4 million federal grant to chop down trees in the ritzy Oakland hills, a decision that...
Failure of Texas Hail Claim Litigation Bill a Disappointment to Insurers June 15, 2015 By Stephanie K. Jones In the last days of the Texas legislative session an insurance industry-backed measure that proponents said would help rein in...
Calculating Business Interruption Losses June 15, 2015 By Amy O'Connor Insurance broker Beecher Carlson has launched a cloud-based application called CyberSelect BI Vision to help educate policyholders on their exposure...
California Bill Would Intercept Insurance Claims to Fund Child Support June 15, 2015 California lawmakers advanced a bill that would intercept more insurance payments and use them to pay beneficiaries’ overdue child support....