January 2, 2006
‘Aircraft’exclusions ineffective Tucker v. Texas Lloyds Insurance Co. (Texas, Dec. 6, 2005)Plaintiff and his friend, Hartless, were moving Tucker’s inoperable, home-built light plane onto movable scales to weigh it. Tucker tipped the plane onto its nose, pinning Hartless under the …
January 2, 2006
Medical provider failed to attach ‘Assignment of Benefits Form’ to statement of claim Progressive Express Insurance Company v .McGrath Community Chiropractic (Fla. App., 2nd Dist., Nov. 18, 2005)A medical provider filed a small claims action against insurer, seeking to recover …
January 2, 2006
Mercury Insurance Company v. Cooper (Fla. App., 3rd Dist., Nov. 23, 2005)A driver was injured in an accident when struck by a motor vehicle insured by Mercury. Mercury filed a declaratory judgment action against the driver, but, while the action …
January 2, 2006
Tenn. Rep. Mike McDonald has filed a bill that would require insurance companies that write homeowners insurance to include damage caused by sinkholes as a covered occurrence. The Legislature convenes this month. McDonald’s bill is in response to reports over …
January 2, 2006
As this issue went to press, it looked as if the Hurricane Recovery Assistance Bill was on track. Mississippi and Louisiana officials were anticipating a significant share of the $29 billion assistance package. Sen. Thad Cochran, R-Miss, even said he …
January 2, 2006
Families and individuals who suffered damage from Hurricane Rita have received more than $564 million in assistance from state, federal, local and voluntary agencies. As of Dec. 16, 2005, 477,319 individuals have registered for assistance and $549 million has been …
January 2, 2006
Ten 2006 passenger cars won praise from the insurance industry for offering protection to passengers in front, side and rear crashes. Winners of the institute’s gold award included the Ford 500 and Mercury Montego with optional side air bags; the …
January 2, 2006
Association calls on insurance companies to assist during extended recovery period Thanking insurance companies on behalf of Louisiana insurance agents and the policyholders they represent for the carriers’ hard work and assistance in the aftermath of Hurricanes Katrina and Rita, …
January 2, 2006
The trial of former state Insurance Commissioner Carroll Fisher will take place Feb. 6, 2006, as scheduled. Oklahoma County District Judge Susan Caswell denied two motions filed by Fisher’s attorneys attempting to get the trial moved, according to the state …
January 2, 2006
Nuts & Bolts: The Chubb Group of Insurance Companies developed an errors and omissions insurance policy for large financial institutions. BPL for Financial Institutions addresses traditional banking exposures, such as the taking of deposits and loan making, but can also …