Monthly Archives: <span>June 2009</span>

Declarations

Good Dogs, Bad Employer “We gave the employer every opportunity to comply with the law.” —Jan Eisbart, manager of the Insurance Compliance Division of the Illinois Workers’ Compensation Commission. The IWCC and the City of Evanston shut down All Good …

Common Insurance Mistakes Can Sink Boaters’ Finances

As Action on the Water Heats up, Here’s Some Advice Agents Can Offer Clients As boating season starts to heat up once again, independent agents across the country may see clients who are re-evaluating their boat insurance needs, and looking …

Michigan Regulator: Home, Auto Insurance Forms Must Be Filed with State

Michigan’s insurance regulator is reinstating a requirement that insurance companies submit all home and auto insurance documents and forms to the state insurance department for review prior to using them. The order from the Office of Financial and Insurance Regulation …

Business Moves

Heffernan Heffernan Insurance Brokers has established a new office in Chesterfield, Mo. – “Wrap Up Insurance Solutions” – which it describes as a full service wrap up administrator and consultant for all types of construction wrap ups, including owner and …

It Figures

$4.4 Million The southwest Kansas town of Greensburg, destroyed two years ago by a massive tornado, is due to receive $4.4 million in grants from the U.S. Department of Agriculture’s Rural Development Division to help repair streets and build a …

It Figures

$10 Million Amount sought by a New York woman who claims two neurosurgeons twice operated on her for brain and spinal cord problems she didn’t have. Kristy Pirozzolo is suing Long Island doctors Paolo Bolognese and Thomas Milhorat, claiming she …

Lack of Waiver Voids Coverage for New Hampshire Climbing Gym

An insurer can deny liability coverage to a New Hampshire climbing gym because it failed to get a waiver from a climber who was later seriously hurt, the state’s Supreme Court has ruled. The decision centered on a lawsuit between …

Declarations

Fine With Us “We understand that the attorney general’s role is to protect consumers, and we wholeheartedly support that goal.” —Leah Knapp, spokeswoman for Progressive, which has agreed to pay $120,000 in fines for providing inaccurate auto insurance rates to …

AIG to Sell New York Buildings Including Pine St. Headquarters

American International Group Inc. has reached a deal to sell two New York buildings, including its downtown Manhattan headquarters. The buildings being sold are located at 70 Pine Street and 72 Wall Street in New York. A buyer has not …

Insurer Can’t Deny Property Coverage Because of Nearby Excavation

An insurer can’t cite the commonly used earth movement exclusion to deny coverage to an insured whose property was damaged by excavation to a neighboring lot, a New York Appeals Court has ruled. The case pitted the owner of condo …