The Professional Liability Underwriting Society held its international conference in Chicago in late 2006. Moderating a conference panel, television journalist Forrest Sawyer, a 24-year veteran of ABC, CBS and MSNBC, targeted his questions to a diverse group of insurance leaders …
There is a new political dynamic in Congress that presents both opportunities and pitfalls. Last year, the President signed into law pension and health care reform that will greatly benefit insurance consumers. House passage of a surplus lines bill illustrated …
Funding for the Texas Windstorm Insurance Asso-ciation (TWIA) may not be the only insurance issue on lawmakers’ plates during the 2007 session of the Texas Legislature, but it will likely be the most high profile industry concern as insurance groups …
Shortly after former Enron CEO Jeffrey Skilling’s Oct. 23, 2006, sentencing, the Enron Task Force said it was closing down, with its mission mostly complete. Yet did that event really signal an endpoint in the Enron criminal scandal? Perhaps it’s …
Real Estate Appraisers Nuts & Bolts: San Diego-based AMIS (Alliance Marketing and Insurance Services) is offering broader package policies for real estate appraisers handling residential and commercial property. This policy offers commercial general liability coupled with errors and omissions and …
Through a series of opinions, courts seem to be gradually chipping away at insurer’s policy defenses based on late notice of claim or suit, or failure to forward suit papers. The new trend started when the Supreme Court held that …
Louisiana’s state-run insurer won approval for big rate increases on Jan. 17, 2007, meaning double- and triple-digit hikes in insurance costs for homeowners and businesses along the coast. The increases for Citizens Property Insurance Corp. will immediately affect about 140,000 …
A Shreveport, La., police officer resigned after he was accused of changing a police report to claim that his wife had insurance when another car hit hers. Cpl. Ronald Small and Tracey Small were booked Jan. 12 at Caddo Correctional …
The Arkansas Court of Appeals says the state Work-ers’ Compensation Commission did such a poor job of considering an injured trucker’s claim that it was “impossible” for the court to properly review the case. Chief Judge John Mauzy Pittman, wrote …
A story recently posted on the Insurance Journal Web site, www.insurancejournal.com, described a fire in which a man in California was badly burned when his cell phone seemingly combusted spontaneously. According to the original story, firefighters believed a malfunctioning cell …
