During a recent field trip to The Main Street America Group’s corporate headquarters in Jacksonville, Fla., more than 60 fifth graders from Jacksonville’s Woodland Acres Elementary School learned the basics of the property/casualty insurance, as well as what opportunities may …
The Workers’ Compensation Insurance Rating Bureau of California’s Governing Committee has decided, again, not to make a mid-year rate filing. At its April 6, 2011 meeting, the WCIRB Governing Committee directed the WCIRB to submit to the California Department of …
The worst U.S. coal mine accident in four decades, in which 29 miners died, was “man-made” and could have been avoided if the mine owner, Massey Energy Co , had followed basic safety measures, an independent investigation concluded Thursday. The …
The CEI Group, Inc. (CEI) has enhanced its DriverCare Risk Manager designed to help fleets better control the risks of accidents and liability posed by members of fleet drivers’ households permitted to drive fleet vehicles. DriverCare Risk Manager creates more …
Large hedge funds with over $10 billion in assets under management (AUM) typically purchase $40 million or more in professional liability insurance coverage, nearly 200% more than medium funds between $1 billion and $3 billion in AUM according to a …
The Supreme Court this week agreed to hear a case on the liability of employees of private companies that operate state and federal prisons, a case defense lawyers worry could open the floodgates for suits against other employees working under …
The Chartered Property Casualty Underwriters Society Golden Gate Chapter has named its 2011 officers and board members. They are: President Michael Johnson; Treasurer Kelly Huang, Secretary Dan Miller, and Board Members Marcus Lampley and Minerva Tirado. Returning leadership includes: Lucinda …
Supporters said that a Nevada bill allowing lawyers to correct clerical errors in malpractice lawsuits would be a saving grace for victims, but opponents contended it’s not specific enough and would encourage sloppy filings. The Senate Judiciary Committee heard testimony …
Cincinnati Financial Corp. expects its property casualty group to see pre-tax catastrophe losses, net of reinsurance, of $150 million to $200 million due to severe weather during April. Catastrophe losses affect property casualty insurance underwriting income, one of the sources …
Medical malpractice insurers rank high when it comes to best performers in the mid-sized commercial insurance arena. Medical liability insurers placed in eight of the top 20 slots, according to SNL Financial’s performance ranking analysis of the best performing insurance …
