Monthly Archives: <span>September 2010</span>

Iowa Supreme Court Affirms Ruling in Firefighter Workers’ Comp Case

The Iowa Supreme Court in mid-August affirmed a district court ruling that found a volunteer firefighter must be summoned to duty only through official channels and not by circumstances. The ruling came in a workers’ compensation insurance dispute between two …

People

Ohio-based Westfield Insurance Group selected James R. Clay as its next group leader and CEO. Clay currently serves as insurance leader and president. He has served the company for more than 30 years in numerous capacities. Clay will replace Robert …

Distressed and Vacant Properties Fill a Void for Insurers

The vacant and distressed property segment, which was barely thought of two years ago, has been a beacon of light for insurers. This class has boomed in the past couple years as the economy has forced the closure of many …

It Figures

$412 Million Dog bite claims cost the insurance industry $412 million in 2009, an increase of 6.4 percent from 2008. Dog bites account for more than one-third of all homeowners insurance liability claims paid out in 2009, according to the …

Maine City: Golf Cart ‘Taxi’ Must Be Licensed, Carry Insurance

The City Council in Maine’s largest city has effectively put the kibosh on a young man’s golf cart transportation service on Peaks Island. Nineteen-year-old Matt Rand has offered rides in his golf cart in exchange for tips from people getting …

It Figures

$99 Billion Annual cost of medical claims and lost productivity attributed to automobile accidents in the United States, according to the Centers for Disease Control and Prevention. That does not include the cost of property or vehicle damage. The costs …

Business Moves

Synergy Benefits, Brown & Brown Florida-based Brown & Brown has acquired Virginia-based benefits firm Synergy Benefits Inc. for an undisclosed sum. Synergy, which has annual revenue of approximately $1.2 million, will merge with the Manassas office of Brown & Brown …

6 Ways Agents Fail Their Workers’ Comp Customers

Like most agents, you work hard at writing new accounts, what salespeople through the years have referred to as “getting the fish in the boat.” But it doesn’t take a master angler to know that once you get the fish, …

Researchers hope the project could revolutionize mobility and challenge long-held assumptions about perceived limitations. Do you ever feel like you’re driving blind? Have you ever passed through a stop sign and swore you never saw it? Or nearly sideswiped a …

New York to License Self-Storers, Open Up Car Rental Coverage Options

Self-storage company operators in New York will be allowed to obtain insurance licenses to sell contents coverage to their clients, under a law signed recently by Gov. David Paterson. The law allows the state’s Department of Insurance to grant limited …