An insurance company employee who hurt herself when returning to work from her lunch break was entitled to workers’ compensation benefits because the injury occurred on the employer’s premises, the Maine Supreme Judicial Court recently ruled. The unanimous ruling by …
City hall suits The cost to New York City of settling legal claims against it has more than doubled since 1995, reaching more than $575 million in 2005, according to the New York City Independent Budget Office. Personal injury claims …
Beacon Mutual Beacon Mutual Insurance Co., which writes workers compensation for about 90 percent of the businesses in Rhode Island, has filed for a 16 percent reduction in rates. If approved by state officials the reductions would begin in September …
Although property casualty insurance capacity still exists in some areas in the U.S.’s East Coast, the rate at which it is vanishing, especially in coastal areas, as well as the steep prices for available capacity, have industry executives concerned about …
No country has as many lawyers as the United States – more than 152,000 in California alone – three times as many as in all of France. Nor does any other country rely as heavily on the legal profession to …
Today, there are plenty of deals where the owners of an agency sell to an outside party, such as another local agency, a large national firm or a bank. On average, most former agency owners last about two years working …
In a step to overhaul the current state of insurance regulation, Reps. Ginny Brown-Waite, R-Fla., and Dennis Moore, D-Kan., have introduced legislation that would mandate states to establish a uniform system of regulation for the surplus lines industry. The new …
Are your clients willing to risk the loss of their liquor license, their business, and perhaps even their home and other personal assets? That’s what’s at stake when the owner of a business that serves alcoholic beverages fails to carry …
As the construction industry in the United States continues to rise at a rapid pace, artisan contractors increasingly represent a vital part of this industry’s growth. However, due to the fact that most artisans are self-employed, finding adequate insurance at …
A workers’ compensation insurer does not have a claim against a bankrupt business for unpaid premiums under bankruptcy law, according to the U.S. Supreme Court that insurers are warning could disrupt the insurance marketplace unless Congress acts to reverse it. …
