March 12, 2007
Nursing Home Liability Nuts & Bolts: Quadrant Insurance Managers, a national management general agency, has expanded its nursing home liability product into Texas. This product offers professional and general liability coverage to Texas and Florida nursing homes (skilled nursing facilities); …
March 12, 2007
Why don’t directors and officers insurers insist on corporate governance reform from their insureds as a precondition of coverage, the way property and workers’ compensation insurers condition their coverage on loss prevention measures? This perennial question is examined in a …
March 12, 2007
Is the rural dwelling a home or a ranch? It’s an important distinction, as there can be substantial differences in coverage. For example, a standard homeowners policy covers fencing, as well as the contents of ancillary buildings, such as a …
March 12, 2007
Arthur J. Gallagher & Co. in Houston added Danny Golden as vice president for its construction niche. Golden will assist in the service of existing and new clients as well as other members of the Gallagher construction niche throughout the …
March 12, 2007
Former Oklahoma Insurance Commissioner Carroll Fisher was arrested and jailed Mar. 1, 2007, for allegedly violating the terms of his appeal bond, a spokeswoman for the attorney general said. “Carroll Fisher is in the custody of the Oklahoma County jail,” …
March 12, 2007
Keeping it alive “This is something that was taken away as a part of the worker’s compensation reform bill passed in the 2005 special session. My constituents still are frustrated and upset about this change. The problem is, if we’d …
March 12, 2007
Louisiana Commissioner of Insurance Jim Donelon on Mar. 6 ordered Allstate to scrap its property inspection process that led to the cancellation of more than 4,700 homeowners policies and reinstate coverage on those homeowners who got a notice of cancellation …
March 12, 2007
50% The Houston area has nearly $1 billion of commercial insurance market capacity for downstream energy risks, or about 50 percent of the total amount available worldwide, according to Willis Group Holdings. Willis said the growth in capacity is being …
March 12, 2007
Last November, then-New York Attorney General Eliot Spitzer notified four insurance companies that they could no longer pay contingent commissions to agents and brokers who sell automobile, homeowners and certain other insurance products. The four companies — ACE, AIG, St. …
March 12, 2007
The CPCU Society and American Institute for CPCU/Insurance Institute of America designate March as “Ethics Awareness Month.” Some people have a hard time defining ethics but ethics are really principles, right? I think we often get caught up in the …