Satellite Images Used to Detect Crop Fraud When thinking of satellite images most think of in terms of space exploration, but not as showing up in courtrooms to help prosecutors prove crop insurance fraud. Now the Agriculture Department’s Risk Management …
United America Indemnity Ltd.’s board of directors has selected Joseph F. Morris as its president. The company will also consolidate its two U.S. insurance subsidiaries, United National Group and Penn-America Group, under a single United America Insurance Group management structure …
The United States Court of Appeals for the Third Circuit has voided on procedural grounds a July 2003 arbitration decision that was in favor of Travelers (St. Paul Travelers) in litigation brought by ACandS Inc. The 2003 arbitration decision had …
The Chicago Tribune reported that Allstate Corp., the nation’s second-biggest auto and homeowner’s insurer after Bloomington-based State Farm Insurance Cos., will be offering a voluntary termination program to employees as a way to cut expenses. Northbrook, Ill.-based Allstate recently posted …
There is an old adage that goes “if you are not part of the solution, than you part of the problem.” The insurance industry has sent that very message in a subtle way to Congress in letters to Majority Leader …
Condominium Associations Nuts & Bolts: Philadelphia Insurance Companies is broadening the eligible classes for its condominium product to include office park condominium complexes. Available coverages include property, general liability, automobile, garagekeepers and umbrella. Large in-house property capacity exists allowing the …
Rhode Island Gov. Donald Carcieri lost the first round in this year’s battle to restructure the state’s dominant workers’ compensation writer, Beacon Mutual. Over Carcieri’s objections, the Rhode Island Senate on a vote of 34-3 passed legislation to reduce the …
While the Massachusetts insurance regulator is warning about problems in the homeowners market, another insurer has decided it can’t continue to write homeowners insurance on Cape Cod. Starting April 1, Vermont Mutual will stop renewing about 4,700 homeowners and 400 …
United America Indemnity Ltd.’s board of directors has selected Joseph F. Morris as its president. The company will also consolidate its two U.S. insurance subsidiaries, United National Group and Penn-America Group, under a single United America Insurance Group management structure …
In what lawyers say is a precedent-setting decision, a New Jersey court has ruled that a claims-made insurance policy that did not include retroactive coverage does not violate public policy and is enforceable. An insurance company had offered a home …
