Monthly Archives: <span>March 2011</span>

4 Consumer Misconceptions About Personal Lines

Agents, Don’t Be on Spring Break When Customers Need You to Prepare for Summer As spring draws near, it’s time to reconnect with your clients. There is no better time than now to reach out and address some common insurance …

South Dakota Senate Panel Rejects Bill Challenging Insurer Subrogation

A bill aimed at changing South Dakota’s insurance law to give some injured people a better chance of receiving full compensation for their losses has been rejected by a state Senate panel. However, one of the bill’s main sponsors, Sen. …

People

The Property Casualty Insurers Association of America named Jeffrey Junkas regional manager, state government relations. Junkas brings to PCI 15 years of public affairs experience, including six in the property/casualty insurance industry. He will be responsible for government relations in …

Tort Reform – How Far to Go?

States as far flung as Pennsylvania, Oklahoma and Wisconsin are considering, or have enacted, tort reform measures aimed at reducing the number of meritless lawsuits filed and lowering the cost of malpractice insurance. Even President Barack Obama has gotten into …

Missouri House Votes to Change Workplace Discrimination Laws

The Missouri House passed legislation that could make it more difficult for employees to win workplace discrimination lawsuits. The legislation, approved by a 95-59 vote, would require people to prove that discrimination was the “motivating factor” when they were fired, …

Florida’s E&S Brokers: Doing Business in a World Gone Flat

Brokers Hoping Improving Economy, Changes in Tallahassee, Rate Deregulation Will Bring Some Relief The numbers alone tell the story. According to the Florida Surplus Lines Office, the total surplus lines premiums written in the state in 2010 equaled roughly $3.8 …

Insurer Rejects Fan’s $50,000 Hockey Shot Pay-Out

An Indiana Ice fan who shot a hockey puck the full 175-foot length of the hockey rink into a target with the chance to win $50,000 in a minor league hockey game promotion won’t be able to give the money …

It Figures

$5.5 Million The North Dakota Insurance Department helped recover or save more than $5.5 million for North Dakota citizens in 2010. The money was recovered on behalf of North Dakotans through the insurance department’s hotline, through complaints filed by consumers …

Florida Briefs

PIP Fraud Insurance companies are taking to the Internet to combat auto insurance fraud in Florida. The Property Casualty Insurers Association of American has launched www.InsuranceFraudUncovered.com, a Web site designed to highlight Florida’s problems with auto personal injury protection — …

Declarations

Higher Exposures, Limits “Clearly, companies are reacting to the fact that D&O liability exposures facing directors and officers are arguably at an all-time high. Insurance buyers continue to be threatened by an ever-expanding litigation environment and have an increased awareness …