Monthly Archives: <span>May 2013</span>

Judge Allows Mississippi Liability Suit Over Underage Drinker to Proceed

A federal judge won’t dismiss a lawsuit that argues the city of West Point, Mississippi and a local nightclub are liable for injuries to an underage driver, who authorities say was driving while intoxicated after drinking at the club. The …

Getting Started with Insurance Video Marketing

This post is part of a series on insurance marketing and training sponsored by Astonish. Whenever we talk to insurance agencies about video marketing, we get the same rejections: No time! Too expensive! And then there’s always the questioning: Why …

Iran Offers Insurance to India; Refiners Snub Plan

Iran has offered insurance to Indian refiners in a bid to boost its crude oïl sales, industry sources said, though some oil executives warned the plan would not remove the threat of western sanctions. The offer was made during a …

EDHEC-Risk Institute and CACEIS Launch Risk Research Chair

CACEIS, the European asset servicing banking group, and EDHEC-Risk Institute jointly announced the creation of a new research chair at EDHEC-Risk Institute entitled “New Frontiers in Risk Assessment and Performance Reporting.” The new three-year chair will “follow on from the …

ACE USA Updates Marine Cargo Policy

ACE USA, the U.S.-based retail operations of the ACE Group, has released an updated marine open cargo policy that consolidates multiple coverage components into one form. The updated marine open cargo policy incorporates several coverage endorsements in a single form, …

Four Major Universities Facing Sexual Assault Claims by Students

Students from four universities said they filed federal complaints alleging that their schools failed to address campus sexual assault and harassment. The college students filed actions with the U.S. Education Department against Dartmouth College, Swarthmore College, the University of Southern …

Does Public Understand What Storm Forecasters Are Talking About?

During a hurricane, storm surge is one of the greatest threats to life and land, yet many people don’t understand the dire warnings from forecasters to get out of its way. So this season, forecasters hope to offer easy-to-understand, color-coded …

Chubb Subsidiary Approved as N.J. Domestic Surplus Lines Insurer

The Chubb Group of Insurance Companies said on May 23 it received approval from the New Jersey Department of Banking & Insurance to convert one of its subsidiaries, Chubb Custom Insurance Company, into a domestic surplus lines insurance company. By …

Driver’s Insurance Could Cover Virginia Parade Injuries

Damascus, Va., Mayor Jack McCrady says he expects the insurer of a man whose car hit dozens of hikers during a parade to cover the victims’ medical costs. McCrady says Deward Blevins’ family has turned over information necessary for the …

Florida Gov. Scott Asked to Return Money to Insurer

A leading Florida Democrat is calling on Gov. Rick Scott to return $110,000 in campaign contributions from an insurer. Dan Gelber, a former state senator and potential future statewide candidate, wrote a letter Friday to Scott saying that the deal …