When building or remodeling a house, homeowners often will turn to their construction manager to assist in overseeing building, recommending and selecting bidders, and securing permits. The construction manager will likely be faced with a multitude of tasks. And for …
Underwriters must do their homework and take a close look at legal and business requirements before deciding to rescind an insurance policy, executives attending the Professional Liability Underwriting Society (PLUS) 18th Annual International Conference were told. “Rescission requirements vary from …
Scalpel-wielding surgeons and klutzy grave robbers were among the eight worst insurance swindlers of 2005, according to the Coalition Against Insurance Fraud. Elected to the Insurance 2005 Fraud Hall of Shame, those scam artists were among the year’s most-brazen and …
Owners of mid-size companies used to make relatively easy, straightforward decisions on what types of insurance to buy from their local agent. The owners would purchase property insurance for the buildings; liability for the autos, premises and products; and workers’ …
Legislation to force Colorado consumers to buy medical payment coverage was narrowly defeated in the Colorado House. House Bill 1036, killed by a one-vote margin, would have required insurers to provide $5,000 medical payment coverage unless it was rejected in …
Wyoming legislation designed to allow unprecedented insurance-related lawsuits in the state would significantly increase fraud, lawsuits and insurance costs for Wyoming consumers, according to the Property Casualty Insurers Association of America (PCI). The proposal, Senate Bill 68 introduced by Sen. …
San Diego Roofing Contractor Sentenced San Diego County Superior Court Judge David Danielsen has sentenced a roofing contractor to a six month jail term, three years formal probation and ordered him to pay $272,000 in restitution to California’s State Compensation …
Miscellaneous Medical MalpracticeNuts & Bolts: NAS Insurance Services’ miscellaneous medical malpractice insurance program has several new features, including new deductibles that can be lower than $2,500. The coverage can be underwritten with greater rate flexibility. It is also available in …
The insurance industry came out strongly against a Colorado measure that would require it to disclose claims, payouts and rates, telling lawmakers a plan to increase regulation of their industry would drive up costs and force some companies to stop …
Insurance agents and brokers seem to go to more meetings and conferences than most people can imagine. Just in the property and casualty arena, there are a host of educational and networking events across the country covering professional liability, risk …
