Alabama Gov. Robert Bentley has renewed a campaign pledge to call a special session of the state Legislature to find a solution for coastal residents seeking homeowners insurance. “I have made a commitment, and I’ve been keeping my commitments,” the …
Jennifer McPhillips has been promoted to senior director of federal government affairs for the Independent Insurance Agents & Brokers of America (the Big “I”) and will serve as one of the association’s Democrat lobbyists on the group’s bipartisan Capitol Hill …
Insurance broker and risk advisor, Marsh, has appointed Mike Kern as its new Kansas City, Mo., office head. Kern brings to Marsh more than 20 years of insurance brokerage and underwriting experience. In his new role, he will oversee all …
Courtney Love’s settlement of a case sparked by online attacks on a fashion designer show that while Twitter posts may be short, they can also be costly. The singer has agreed to pay Austin, Texas-based Dawn Simorangkir $430,000, plus interest, …
The production company behind Broadway’s troubled “Spider-Man” musical has been slapped with three violations of workplace safety standards by federal regulators. The U.S. Department of Labor’s Occupational Safety and Health Administration issued the citations Friday for four separate incidents late …
Pennsylvania lawmakers are once again eyeing a tort reform package — a resurrection of the “Fair Share” act — that many in the insurance industry say would rein in what critics say is a legal system abused by plaintiffs’ lawyers. …
When people think unpleasant events are over, they remember them as being less painful or annoying than when they expect them to happen again. That is due to the power of expectation, a power that helps people brace for the …
New York drivers who are caught talking on their cell phones without a headset will gain two points on their driving records — which means higher insurance costs. Previously, no points were assigned for talking on a cell phone although …
Never have more partners than you can fit in an elevator. That seems like a joke but it’s serious advice when starting a business. Having too many partners creates conflicts. Even the most bonded of partnerships will fray under the …
D&O Limits Driven Up “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 …
