Computer and Technology Nuts & Bolts: Encino, Calif.-based NAS Insurance Services is introducing a new computer/technology liability insurance policy. The list of eligible classes is extensive-from data management service to software programming and systems design to security consultants. Among the …
A Pennsylvania court has ruled unconstitutional a key component of tort reforms enacted in 2002. Commonwealth Court ruled that a measure that abolished joint and several liability is invalid because it was not germane to the DNA testing legislation it …
Alabama Insurance Commissioner Walter A. Bell described his state’s insurance market as “impressive” and as a “healthy market, trending upward,” during the Alabama Independent Insurance Agent’s annual conference and exhibit in Destin, Fla. “We have a lot of things going …
From celebrity tournaments to charity events, more and more consumers have gained interest in golf and are hitting the links or enjoying the game from a spectator level. For insurance agents, a round of golf is an opportunity to socialize …
The job description of property/casualty agents and brokers can on occasion include “golf event planner.” Typically insurance professionals turn to event experts, but sometimes budgets and time don’t allow for the hiring an event planner. In either case, insurance professionals …
Congress took an important step toward opening the world’s insurance markets when it approved the Central American Free Trade Agreement (CAFTA), the American Insurance Association said. “Costa Rica, one of the nation’s that will participate in CAFTA, has one of …
London insurance companies long-tail liabilities to U.S. policyholders that resort to so-called “solvent schemes” to cut off claims and avoid liquidation have been dealt a serious blow. An English High Court ruling denying such a scheme has raised questions among …
A legislative panel is considering new proposals aimed at reducing the number of uninsured motorists in Wyoming. Vehicle owners in Wyoming are required to have insurance, but some drop it shortly after registering their vehicles, officials say. Past attempts to …
New legislation in Oklahoma that defines discount medical plans and protects consumers against high-pressure sales tactics and misleading information is welcome, according to Insurance Commissioner Kim Holland. Companies are selling the discount health cards to Oklahomans seeking affordable health care. …
The Michigan Supreme Court has in a 5-2 decision rejected medical monitoring as a cause of action in a case where the plaintiffs had not alleged present physical injury. The American Tort Reform Association (ATRA) had filed a “friend of …
