January 8, 2007
Real Estate Agents and Brokers E&O Nuts & Bolts: London American Professional Liability LLC a program administrator and MGA, introduced a new program for real estate agents and brokers errors and omissions. The program is being offered in most states …
January 8, 2007
Arsonists ‘light up’ in pool of gasoline Musa Shteiwi and his son Essa had a clear criminal vision for their Steak Thyme Subs eatery. According to the Coalition Against Insurance Fraud, they wanted to torch the West Chester, Ohio, food …
January 8, 2007
Even though a homeowner’s insurance policy said floods were not covered, leaving that statement out of the application left the company liable for damages to a house destroyed by Hurricane Rita’s winds and floods, a judge in New Iberia, La., …
January 8, 2007
Most of the 28.5 million Americans hosting parties between Thanksgiving and the Super Bowl are underinsured, according to a new study by Trusted Choice. Of those 28.5 million party hosts, 21.3 million do not have a personal umbrella insurance policy, …
January 8, 2007
Even though 2006 is safely behind us, some sticky issues are on the horizon as we edge our way into 2007. Case in point is the pending Supreme Court cases of Safeco v. Burr and GEICO v. Edo. The cases …
January 8, 2007
Georgia could see fewer than 100 fire deaths this year — the lowest toll in nearly a decade, thanks to warm weather, according to the Insurance and Safety Fire Commissioner’s Office. “Most of our fatal fires do occur with people …
January 8, 2007
Mississippi Insurance Commissioner George Dale says he is working on a bill of rights for consumers, patterned after similar programs in Maryland and Florida. Dale said no legislative action is required. He said a public hearing would be needed before …
January 8, 2007
Insanity “You only have to look at 300 miles of Katrina and Rita wasteland to see that bankrolling federal flood insurance in high-risk areas is just asking the American taxpayer to flush money down the toilet. If people want to …
January 8, 2007
Four Christmas Day tornadoes damaged hundreds of Florida homes, with one flipping airplanes at a flight school and tearing the roofs off three apartment buildings, according to officials. Gov. Jeb Bush declared a state of emergency in Columbia, Pasco, Lake …
January 8, 2007
20% The premium refund that The Medical Assurance Company of Mississippi is giving to its physician customers. According to Michael D. Houpt, MACM president, the malpractice insurance refund has been made possible almost entirely as a result of the significant …