Did you know that that an insurer can be liable for bad faith failure to settle even if it never receives a firm settlement offer? The Louisiana Supreme Court recently ruled that it can and also that an insurer can …
Liberty Mutual Insurance promoted Jamie Trish to president of its Northeast Business Insurance operations. Trish will be responsible for the profitable growth of business in the region that includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island …
Michigan’s top insurance regulator has taken a stance against a bill that would allow lawmakers to appropriate money for road projects from the state-created mechanism to reinsure unlimited medical benefits for auto accident victims under the state’s no-fault system. In …
The New York Supreme Court’s Appellate Division affirmed that a $5 million flood sub-limit in a builders risk policy that Zurich American Insurance issued to a New York property developer applies to the delay-in-completion losses by the flood peril after …
The federal government is considering buying out as many as 17,000 homes along the Mississippi coast and remaking the land into a vast hurricane-protection zone, raising anxieties that it could destroy the waterfront lives many residents are struggling to rebuild …
Federal drought maps show that exceptional drought has spread from North Carolina’s eight westernmost counties to 55 counties in the mountains and Piedmont and now stretches from the foothills and Charlotte to parts of the Triad, the Triangle and the …
The Property Casualty Insurers Association of America commends Gov. Mark Sanford and the South Carolina Legislature for advancing an agenda of reform aimed at strengthening the state’s coastal insurance market. Today the South Carolina House concurred with the Senate on …
Former Speaker of the House Tip O’Neill once famously said, “All politics is local.” The same could be said for the insurance industry—insurance coverage is definitely local. In addition, there continues to be a shift of business within the independent …
Former Speaker of the House Tip O’Neill was attributed with the comment that “all politics are local.” The same could be said for the insurance industry—insurance coverage is definitely local. In addition, there continues to be a shift of business …
Former Speaker of the House Tip O’Neill was attributed with the comment that “all politics are local.” The same could be said for the insurance industry—insurance coverage is definitely local. In addition, there continues to be a shift of business …
