The Montana Supreme Court has ruled in favor of two employees in recent workers’ compensation decisions, saying they are due insurance for injuries received while on break and at a company party. In one case, a woman was injured during …
Oregon’s Department of Transportation Services (DMV) is alerting insurance producers that write towing companies of a new requirement for towers to maintain proof of insurance. In 2007, the state Legislature passed Senate Bill 116, which regulates towing company practices. There …
While winter storms do not attract the attention of mega-catastrophes such as hurricanes and earthquakes, these smaller events can add up to impact insurers’ bottom lines. However, insurers can now avail themselves of such risks by using new technology to …
$3.1 Million Amount Diamond Pet Foods will pay in a settlement over contaminated pet food that killed dozens of dogs nationwide, according to the Associated Press. The contaminated food was sold in 23 states. The settlement states that owners of …
No consumer complaints have been received by the Texas Department of Insurance (TDI) in response to the insurance industry’s handling of the estimated 5,000 auto, homeowner and commercial claims that resulted from Hurricane Humberto, which struck High Island, Texas on …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Small Residential General Contractors Nuts & Bolts: NSM Insurance Group is offering coverage for general …
The Texas Gulf Coast and the Rio Grande Valley areas retained their reputation as “Judicial Hellholes” in 2007, according to a tort reform advocacy group that ranks jurisdictions it believes consistently hand out unfair jury awards in civil lawsuits. The …
The subprime mortgage meltdown has been a leading story on the front pages of newspapers around the country for the past few months. The uproar also has led to a flood of new lawsuits and to concerns about how much …
What will it take to get ahead in 2008? Managing insurance cycles to maintain profitability is a tricky proposition. Higher premiums produced by hard markets provide more income, but it may be difficult to find coverage for troublesome risks. Plus, …
The Texas Department of Insurance Division of Workers’ Compensation now has in place a rule establishing incentives for performance-based oversight for workers’ comp carriers and health care providers. The department reported that under the rule signed Dec. 28, 2007, by …
