Newsbriefs

VICARIOUS LIABILITY AWARD:

The New York State Supreme Court has awarded $21 million to an accident victim, setting what is believed to be...

FAIA YOUNG AGENTS COUNCIL FORMED

A new Young Agents Council has been formed by the Florida Association of Insurance Agents in Tallahassee, Fla., to perpetuate...

$100 BILLION HURRICANE:

A major hurricane making landfall in the New York City metropolitan area would result in approximately $50 billion of insured...

MIAMI/DADE COUNTY YOUNG AGENTS

More than 40 property and casualty producers, company representatives, association members, and life and health representatives attended a recent party...

OIL SPILL LIABILITY RAISED:

Acting Gov. Richard J. Codey has signed legislation increasing liability limits for owners and operators of vessels that discharge hazardous...

AGENTS BACK EXPENSE FORMULA:

The Professional Insurance Agents of New Jersey Inc. recently supported the New Jersey Department of Banking and Insurance’s proposal to...

SCID RISKS, RATES, EXPERT RESIGNS

Dean Kruger, the South Carolina Insurance Department’s chief expert on risks and rates, was asked to resign after he criticized...

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