Red River Floods “The magnitude of the expected flooding has not been seen in several years.” The National Weather Service as North Dakotans prepared for spring flooding along the Rd River Basin. Officials in Fargo and Grand Forks began ordering …
$568 Million Amount spent by New York City to settle damage claims in fiscal year 2008 – an amount that was about $10 million higher than the previous year. Property damage from two major storms helped drive the total number …
BrickStreet Mutual Workers’ compensation insurer BrickStreet Mutual Insurance Co. wants to expand into Kentucky, Virginia, Alabama, Pennsylvania and Illinois. President and Chief Executive Officer Greg Burton says the West Virginia-based company plans to apply in those states over the next …
If one were to poll every insurance agent in New York about the most important topic facing their profession, “compensation” would probably top the list of answers. Between bailouts, Wall Street’s collapse and rising unemployment, money is on the top …
Kate Westover, vice president of Alternative Risk Financing at Innovative Captive Strategies, has received the 2009 Distinguished Service Award from the Captive Insurance Companies Association (CICA). Based in Colchester, Vermont, Westover has 20 years experience in the captive insurance industry …
Agents Should Act With Character and Integrity in Everything That They Do “I meant what I said, and said what I meant …” Although that quote was written in 1954 by Dr. Seuss in his book “Horton Hears a Who,” …
Judgment Day “I have been embarrassed. I have been humiliated. I have been ridiculed and I have been disgraced.” —Retired Pennsylvania Superior Court Judge Michael Joyce, who was sentenced in March to 46 months in prison for falsely collecting $440,000 …
In an unusual case, a federal court in Virginia has found that a law firm’s malpractice policy can be voided because a partner failed to disclose to the firm’s insurance company that he had embezzled money from clients. The case …
The highest court in Massachusetts has ruled that a boy whose leg was broken when a goal post flipped over cannot sue nonprofit youth soccer associations for negligence. Dustin Welch was hurt on April 10, 1998, when a goal post …
Massachusetts Attorney General Martha Coakley wants a public hearing to review the auto insurance rates of a new company entering the market in Massachusetts. Occidental Fire and Casualty Insurance Co. of North Carolina is asking to charge Massachusetts drivers rates …
