June 18, 2007
The Alabama Legislature adjourned after giving final approval to a key insurance measure that will increase the state’s auto liability minimum limits from 20/40/10 to 25/50/25. Legislators deferred to the 2008 session final action on a bill establishing a building …
June 18, 2007
Privacy Protection Nuts & Bolts: ELM Insurance is offering privacy protection insurance that includes coverage for: electronic and non-electronic security events including phishing, social engineering and physical theft. Sub-limited coverage for 1798* security breach, breach of statute including HIPAA (Health …
June 18, 2007
Gregg Effner has joined The Main Street America Group as assistant vice president of distribution management. Effner will be based at the headquarters in Jacksonville, Fla., and report to Doug Eden, senior vice president of field operations. In this newly …
June 18, 2007
Jim Rasberry has withdrawn as a candidate for Mississippi insurance commissioner. Rasberry, president of Rasberry Financial Services in Laurel, said that he was withdrawing from the Democratic Party primary because it was “difficult to obtain a firm footing in this …
June 18, 2007
Hospitals cannot be held liable in medical malpractice cases for failing to ensure doctors with staff privileges meet state financial responsibility requirements through insurance or other means, Florida’s Supreme Court ruled. The unanimous ruling disapproved of decisions by three of …
June 18, 2007
Legislation gets tougher with cheaters and closes state’s Second Injury Fund Employers who lie about what their workers do to save money on workers’ compensation premiums would face fines and prison time under an agreement reached by South Carolina legislators. …
June 18, 2007
The South Carolina House of Representatives and Senate recently agreed to changes to coastal omnibus hurricane legislation, which include extending the notice for homeowners whose insurance would be canceled to 90 days during hurricane season. The measure also increases the …
June 18, 2007
An insurance company lawyer argued to the Florida Supreme Court earlier this month that his client should not have to pay full policy limits for wind damage to a home destroyed mainly by flooding during Hurricane Ivan. Florida Farm Bureau …
June 18, 2007
With experts predicting an active hurricane season this year, it is more important than ever for homeowners to guard against property damage from storms and take the proper precautions to reduce that damage. That’s according to the Insurance Information Institute …
June 18, 2007
The number of captive licenses in Montana increased 92 percent in 2006, according to the Montana Captive Insurance Association Inc., which summarized figures published by the Montana Department of Insurance. According to MCIA, there were 23 licensed active captives and …