August 6, 2012
Claims involving allegations of alcohol intoxication require careful analysis when determining what policy or policies may apply. Two common theories centered on alcohol-related allegations that come into play include premises liability and dram shop liability, according to John P. Cunningham …
August 6, 2012
Painful Spending “Nobody likes to have to spend $104 million. … It’s pretty painful, but it won’t put us out of business.” —Richard Robertson, CEO of Louisiana Citizens Property Property Insurance Corp. Citizens recenlty paid a $104 million judgment in …
August 6, 2012
USI, Kelly Insurance USI Insurance Services, an insurance brokerage and financial service firm in Briarcliff Manor, N.Y., completed its acquisition of New York-based Kelly Insurance Brokerage Inc. Terms of the transaction were not disclosed. Kelly Insurance Brokerage offers a wide …
August 6, 2012
The Texas Department of Insurance recently was inundated by hundreds of emails regarding homeowner insurance rates, and the department was tasked with finding out why the majority of them were rejected by agency’s computer servers. TDI reported that it began …
August 6, 2012
The question of whether insurance brokers are required to obtain the lowest cost insurance that meets the insured’s needs was answered recently by the Missouri Supreme Court in Emerson Electric Co. v. Marsh & McLennan Cos., 362 S.W.3d 7 (Mo. …
August 6, 2012
Running a business is an enormous responsibility. It is also endlessly rewarding. Countless factors play a role in how successful the business will be. It is the job of a driven business owner to manage the workload and delegate the …
August 6, 2012
Heffernan, VentureLoop Walnut Creek, Calif.-based Heffernan Insurance Brokers is partnering with VentureLoop to launch VentureLoop HR, a professional employer organization that provides payroll, benefits and human resources specifically for startups and venture-backed companies. The service is designed to assist the …
August 6, 2012
With Colorado’s and New Mexico’s record wildfire seasons freshly in mind, some experts are starting to take note that California’s wildfire season is nearing, and with that there are two main points to be made: the state’s wildfire season may …
August 6, 2012
In 2011, more than 62 million people lived in residential homes governed by a community association, including homeowners associations, condominiums, cooperatives and other planned communities. According to the Community Associations Institute, more than 314,000 communities in America are considered to …
August 6, 2012
Amateur Hour “A lot of firms … have been dabbling in employee benefits and have put no money in the infrastructure, and have no real advisory expertise. … Amateur hour is about over now, and that’s why we’re seeing a …