Monthly Archives: <span>June 2006</span>

New Markets

Outdoor Sporting Program Nuts & Bolts: Markel’s Outdoors is a niche program for guide and outfitting professionals, private sporting clubs and hunting/fishing lodges. Marketed through select retail insurance agents, this program is available on a licensed and admitted basis in …

Business Moves

Indianapolis Agency, ISU Network Walker and Associates Insurance Agency of Indianapolis joined the ISU Insurance Services Network of Independent Agencies, according to Principal Doug Walker. Walker & Assoc-iates is a full-service multiple line insurance firm servicing over 8,000 clients in …

People

The Progressive Corp. appointed John A. Barbagallo as the new president of the company’s Drive Group. Barbagallo, who joined the company more than 20 years ago as a claims representative, currently serves as the Drive Atlantic Region general manager. Barbagallo …

News Currents

Despite understanding risk, drivers gab away on cell phones Despite knowing that driving and talking on a cell phone at the same time is dangerous, and that it is safer to use a hands-free device to hold the cell phone, …

A lawsuit in the making – the EPLI insurance application

Every day, the Equal Employment Opportunity Commission receives some 200 new employment practices liability complaints alleging discrimination based on race, sex, national origin, religion, retaliation, age and disability. Even if an employment-related claim is baseless, defense costs can be significant. …

Case Law Watch

Commercial Liability-Auto Bauer v Century Surety Company (Wis. App. May 2, 2006) Ruling: Unloading constitutes “Operation” under Wisconsin coverage statute. The court held that the commercial liability insurer of a motor carrier was obligated to defend its insured in a …

Developing a program from a book of specialized risks

Do you currently write a book of specialized industry accounts, or have you been trying to get a carrier to give you binding authority? Did you previously have a program, or do you have an idea for a new program/product, …

Keeping tabs on transparency

“In life there are lines that shouldn’t be crossed — but when they are, great drama is born.” Quoting from the “Desire Under the Elms” playbill at the Lesher Regional Center for the Arts in Walnut Creek, Calif., Paul Sachs, …

Quotations

Catastrophes–Whether the taxpayers live in Chicago, Illinois or Pierre, South Dakota-we are all going to be paying for many years for the rebuilding of the Gulf region and unfortunately given the lack of any comprehensive national approach to this problem, …

Lloyd’s forecast for Northeast: Storms, global warming threats are real

The prospect of another nasty hurricane season has everyone in the insurance industry braced for a white-knuckle ride. The spectre of a hurricane hitting a major Northeast population center is hardly the stuff of Hollywood fantasy. Leading forecasters agree there …