A South Carolina Senate leader has asked the Legislative Audit Council to review practices at the state insurance department that may have let insurance companies raise rates without adequate oversight. Senate President Pro Tem Glenn McConnell, R-Charleston, asked the state …
Marsh UK recently issued a warning to European financial services sectors, including insurance companies, hedge funds, banks and ratings agencies, that “they may be exposed to greater Directors’ and Officers’ Liability (D&O) and Errors and Omissions (E&O) Liability claims in …
For agents, the Liberty Mutual Agency Markets acquisition of Ohio Casualty acquisition promises to be a matter of addition, not subtraction. For the most part, Ohio Casualty’s 3,400 agents will join with and not replace or be replaced by Liberty …
Whitewater rapids generally are classified by level of difficulty. The class levels range from one to six, with one being the easiest and six being extreme, un-navigable and not appropriate for commercial operations. The classifications are considered a general guide …
Adult bed bugs are small, reddish-brown wingless insects with flat oval bodies. They are usually about a quarter inch long and an eighth-inch wide. After feeding on blood, the bugs become redder, longer and plumper, and then revert gradually to …
California Insurance Commissioner Steve Poizner has announced that the Department of Insurance has created an online service for organizations applying for an insurance agency license. The online filing service is designed to streamline the license application procedure and expedite processing …
New York Governor Eliot Spitzer made his name as a corruption fighting attorney general who forced reforms on Wall Street and the insurance industry. As governor, he promised to take that campaign to Albany and end the state government’s reputation …
A floor products company faces a lawsuit by the Maine widow of an employee who was killed in a highway crash after he apparently fell asleep at the wheel while driving home from work. Another motorist who was injured in …
Commercial insurance premiums continued to decline during the second quarter of 2007, according to the RIMS Benchmark Survey, a survey of current policy renewal prices as reported by corporate risk managers. RIMS Benchmark Survey second quarter reports show that directors …
A motorist accused of “huffing” stimulants from an aerosol can before getting into a deadly wreck cannot be charged with driving while intoxicated, New York’s highest court ruled recently. The Legislature never included inhalants with alcohol and certain other drugs …
