Monthly Archives: <span>July 2008</span>

Blogs Can Get Insurance Clients ‘SLAPP’ed!

A Dade County, Florida real estate developer in January 2008 filed a $25 million lawsuit against a real estate blogger alleging, among other charges, defamation of character based on the blogger’s opinion published solely on his blog (MiamiCondoInvestments). Hollo v. …

HLA Becomes Wells Fargo Global Broker Network; Basso Named CEO

Wells Fargo Insurance Services, a subsidiary of Wells Fargo & Co., said it has become the exclusive manager of the HLA Global Network, now known as the Wells Fargo Global Broker Network. The Network has 10,000 insurance and risk management …

Economic Downturn Dooms Florida Hurricane Supplies Tax Break

Economic woes have forced Florida lawmakers to ax a pair of popular tax breaks as parents prepare to return their children to school next month and the state readies itself for hurricane season. Prompted by dismal revenue projections, Florida lawmakers …

Rhode Island Supreme Court Rejects Social Host Liability Claim

The Rhode Island Supreme Court has upheld a lower court’s decision by refusing to hold a Manville couple liable for the injuries a woman and her boyfriend suffered in a car crash after drinking at the couple’s home. Brianna Mari …

Parties Clash Over Proposed Merger of Pennsylvania Health Insurers

State lawmakers, doctors and health care industry executives clashed last week over whether the proposed merger of Pennsylvania’s two largest health insurers will benefit or hurt consumers. They were among roughly two dozen people who offered their views during a …

AIG, Vermont Mutual to Enter Mass. Personal Auto Insurance Market

Giant insurer American International Group has decided to enter the Massachusetts private passenger auto insurance market, according to The Boston Globe. But AIG is not alone. In addition, Vermont Mutual will begin selling personal auto insurance policies in the state …

Credit Rating Agencies Fending Off Lawsuits from Subprime Meltdown

Battered by critics who blame them for helping to foment the U.S. subprime mortgage meltdown, credit raters are now trying to fend off lawsuits — including fraud claims brought by their own shareholders. Many financial companies, including banks and lenders, …

Conover Insurance Names Pineda Account Executive

Conover Insurance of Yakima, Wash., announced that Alfonso S. Pineda joined the firm as an account executive in the Employee Benefits Division. In his new role, Pineda will focus on creating lasting relationships with his clients and offering new and …

Union General Offers Clubs Market

Union General of Concord, Calif., has an “A+” rated carrier offering both monoline and package coverage for clubs. Multiple lines of coverage can be provided such as general liability, property, inland marine and crime on the ISO simplified special format. …

FINEOS Claims ® selected by the Lifetime Care & Support Authority (LTCSA) of New South Wales

– FINEOS to deliver automated claims management solution for catastrophic personal injuries – Dublin, Ireland, July 14, 2008 – FINEOS Corporation, a global provider of innovative enterprise software solutions for insurance, bancassurance, and government, has been selected by the Lifetime …