Florida, Mississippi and Hawaii have entered into an agreement that will allow them to keep millions of dollars in taxes on surplus lines insurance policies. The agreement was the result of federal legislation — the Nonadmitted and Reinsurance Reform Act …
Professional Liability Insurance Services Inc. – Underwriting Facilities, on June 1, launched business interruption and extra expense insurance coverage for bed bug infestations for lodging facilities. PLIS Inc. says it was the first to introduce the coverage. Policy features include: …
Even before a loosely organized group of hackers broke into the CIA’s and Senate’s public websites, the White House asked for stiffer sentences for breaking into government and private computer networks. Last month the Obama administration pressed Congress to pass …
More than a dozen ships heaved inland by Japan’s tsunami in March sit with red bellies and propellers exposed among the demolished houses of this once-bustling fishing town, a jarring daily reminder of the ocean’s awesome power. The enormous task …
Legislation to change limits on benefits for workers injured on the job in North Carolina swept through the General Assembly and is expected to be signed by Gov. Beverly Perdue. The bill caps temporary payments for a totally disabled worker …
A Dunkin’ Donuts employee mistakenly put sugar rather than artificial sweetener into a diabetic woman’s coffee, triggering a reaction that sent the woman to the hospital, according to a civil lawsuit filed earlier this month in Philadelphia. Danielle Jordan became …
EPIC California-based EPIC (Edgewood Partners Insurance Center), a retail property, casualty and employee benefits insurance brokerage, was recognized as a “Best Place to Work in the Bay Area” for the fourth consecutive year by a regional business journal. The confidential …
St. Paul Fire & Marine Insurance has filed a lawsuit against the Denver Broncos and nine of its former players, saying its policies only covered claims in New Mexico for a “class of employee that did not include football players.” …
It’s a sight to which native New Englanders are unaccustomed: toppled trees, boarded windows, ripped-off roofs and the general destruction left by the three tornadoes that earlier this month tore through Massachusetts. Three people are dead, hundreds were injured and …
With floods and tornadoes creating havoc throughout the Midwest this spring, and Japan’s earthquake and tsunami still fresh in our memories, no one has to be convinced that natural disasters have the power to destroy lives, let alone businesses. What …
