The Texas Legislature has passed a measure that requires regulatory approval of property and casualty certificate of insurance forms provided to insureds as proof of coverage. Insurance agents are frequently asked to provide the certificates to commercial insureds and interested …
Marsh & McLennan Cos. appointed Daniel S. Glaser to the newly created position of group president and chief operating officer. Glaser previously had been chairman and CEO of Marsh. He will continue to report to Brian Duperreault, president and CEO …
IJ Video Highlights Agents Battle MLR Rules The sweeping federal health care reform law enacted last year is having a major bottom line impact on insurance agents. New rules preventing insurers from including commissions in medical loss ratios means some …
Hollywood thinks workers’ compensation can be funny. Workers’ Comp, a half-hour TV comedy about crazy employees handling absurd and often-fraudulent insurance claims from injured workers, began filming pilot episodes in Bradenton, Fla., recently. The independently produced show centers on the …
Compromise on Lawsuits “You can be assured that you can go to the courthouse and not face the prospect of ruination by pursuing a constitutional right.” —Texas trial attorney Mike Gallagher comments on a compromise bill that he helped negotiate …
West Virginia Insurance Commissioner Jane L. Cline will retire after 10 years on the job. Gov. Earl Ray Tomblin said Cline’s retirement will become effective June 30, 2011 and that he will name a replacement in the future. “I have …
A Florida judge has ruled that a couple’s damage from tainted Chinese drywall is covered by their homeowner insurance policy. Hillsborough County Circuit Judge Robert Foster said he found no exclusion in the Teachers Insurance Co. policy that should keep …
When crises occur, one person the claims adjuster, insurer and insured should consider calling is a salvor – he or she can be a valuable partner in helping to clean up the trash, and broker the sale of any salvageable …
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A Colorado Court of Appeal has ruled that an insurer cannot file suit against another insurer for its failure to cancel a policy. According to First Comp Insurance v. Industrial Claim Appeals Office of the State of Colorado, First Comp …
