10 Things to Know About Boats & Marinas February 23, 2015 Recreational boating in 2013 accounted for 4,062 accidents that involved 560 deaths; 2,620 injuries; and approximately $39 million dollars of...
Conn. Urges Feds Not to Preempt States on Foreign Re Regs February 23, 2015 Connecticut Gov. Dannel P. Malloy, a vocal proponent of state-based insurance regulation, sent a letter to U.S. Treasury Secretary Jack...
Montana Licensed 34 Captive Insurance Companies in 2014 February 23, 2015 State insurance department officials report that Montana licensed 34 new captive insurance companies in 2014, bringing the state’s total number...
Employee Pay Up But Morale Down February 23, 2015 By Andrea Wells Agency employees are not happy when it comes to compensation, and money isn’t the problem. Despite some reported increases in...
ACLU Settles Suit Over R.I.’s Uninsured Drivers Database February 23, 2015 The American Civil Liberties Union of Rhode Island has settled a lawsuit with the state Division of Motor Vehicles over...
Palomar Specialty in California Raises $17.5M in Surplus Capital February 23, 2015 Palomar Specialty Insurance Co. announced that it has successfully completed a $17.5 million surplus note issuance in a private placement...
E&O Insights: How to Calm the E&O Waters When Insuring Marinas February 23, 2015 By Curtis M. Pearsall As spring approaches, agencies may have some opportunities to secure commercial accounts dealing with watercraft business. These accounts, typically classified...
Winter Claims Rising in Boston, Driven by Ice Dam Damages February 23, 2015 By Denise Johnson and Young Ha Since the first winter storm hit Boston at the end of January, the city has removed over 10,000 truckloads of...
California Lawmaker Proposes Annual $52 Fee for Road Repairs February 23, 2015 Most California drivers would pay an extra $52 a year under a proposal to raise $2 billion a year to...
Fraud Adds Up to 17% to Auto Insurance Injury Claims: IRC February 23, 2015 A new study estimates that fraud and claim “build-up” add between $5.6 billion and $7.7 billion in excess payments to...