State Farm adjusts rates in Texas State Farm Insurance recently submitted several filings to the Texas Department of Insurance, aiming for a balance with rate adjustments that include a reduction auto rates but an increase in homeowners premiums. The company …
Last year’s Katrina-Rita disasters left behind many obstacles to recovery for businesses and with the start of another hurricane season, companies need to prepare for a another wave of predicted natural catastrophes, according to Dallas-based Haynes and Boone LLP Insurance …
M. J. Kelly, Russell Grace The Arkansas division of M. J. Kelly Company, an insurance brokerage firm headquartered in Springfield, Mo., has agreed to purchase certain assets of Russell Grace Inc., Fort Worth, Texas. Russell Grace Inc., a wholesale broker …
The term “standard of care” often is thrown around when dealing with professional liability risks. A professional is regarded as someone who possesses special skills, experience and knowledge, and thus is held to a higher standard of care by law. …
Surgeons General Liability Nuts & Bolts: Avreco is now offering bariatric and general surgery physicians professional liability coverage. Eligible risks must be certified by the American Board of Surgery or the American Osteopathic Board of Surgery, and also a member …
If there’s anything to be learned from last year’s hurricanes Katrina, Rita and Wilma, it’s that the value of relationships before, during and after a claim is immeasurable, according to Mel Bangs, director of risk management for Irving, Texas-based Omni …
Showing the money: Insurance industry ranks high in political giving Insurers and associations give to Republicans, Democrats and Independents in state-level politics In the 2004 election cycle, the insurance industry was among the top 10 contributing industries to state party …
As an insurance coverage lawyer, I have always found that one of my natural allies is the insurance defense lawyer handling the underlying case. While I represent the insurance company in a capacity that is potentially adverse to the insured/defendant, …
According to Fitch, increases are running between 25 percent and 400 percent for windstorm and flood insurance premiums since the June 1 start of this year’s hurricane season. Six hurricanes in 2005 caused $57.3 billion in insured losses, according to …
Taking responsibility for levee failure ‘This is the first time that the Corps has had to stand up and say, `We’ve had a catastrophic failure.’ … Words alone will not restore trust in the Corps.” Lt. Gen. Carl Strock, Chief …
