“Contractors often don’t see the need for professional liability coverage for design related claims,” explained Victor O. Schinnerer’s Joe Jones. “They think that their general liability coverage will take care of any professional claims–or that they’re not at risk.” To …
A Pasco County, Florida man is charged with insurance fraud, grand theft and filing a false police report after he reportedly told investigators that he was mistaken when he reported a car and household belongings stolen when they had been …
Responding to complaints that some insurance company adjusters may reportedly be discouraging consumers from contacting the Florida Department of Financial Services for help with a complaint or with filing a hurricane claim, Florida’s Chief Financial Officer Tom Gallagher today issued …
America’s Health Insurance Plans (AHIP) released results from a nationwide survey of full-time employees conducted in August 2004 by Ayres, McHenry and Associates. The survey finds public understanding at odds with the most recent data about the likelihood of a …
Two Texas consumer organizations, AARP Texas and Texas Watch, applauded Lt. Governor David Dewhurst for proposing stronger penalties on insurance companies that refuse to lower their rates. Dewhurst made his comments at a recent speech to a realtors’ group. In …
AAA Texas reported it is now offering Mexico auto insurance online at AAA Texas’ Web site, www.aaa-texas.com. It was previously available from AAA Texas through one of its Texas offices. “Mexico auto insurance is a must-have for any American driving …
Dallas-based Specialty Underwriters’ Alliance Inc. announced the pricing of its initial public offering of 12,700,000 shares of its common stock at $9.50 per share, before underwriting discounts and commissions. The underwriters have been granted a 30-day option to purchase up …
Robert V. Huffert, senior vice president and manager of the ocean marine department, and a vice president of American Re-Insurance Company, was elected chairman of the American Institute of Marine Underwriters (AIMU) at its annual meeting. He succeeds David S. …
Self-insurance pools interactively rated by A.M. Best Co. bear out the effectiveness of the stringent entrance requirements of members, focused loss-mitigation activities, and ownership interest in both the loss exposure and frictional expenses of these entities, according to a special …
The Property Casualty Insurers Association of America (PCI) filed a motion for permission to file an amicus brief with the Rhode Island District Court to challenge the potential expansion of the state’s statute dealing with an insurer’s inspection immunity. “This …
