The Builders Association of the Twin Cities is suing the state of Minnesota over a new sprinkler mandate. The law requires a sprinkler system for all new homes that are 4,500 square feet or larger. The Builders Association says the …
Willis North America appointed Joe Peiser as head of Casualty Broking. In this newly created role, Peiser will be responsible for the strategic direction of Willis North America’s casualty insurance offerings including workers’ comp, primary and excess casualty, product recall …
Vermont licensed 16 new captives in 2014 and the state’s captive insurance gross written premium is nearing $30 billion, according to the Vermont Captive Insurance Division. The new captives were made up of 10 pure captives, two sponsored, two special …
Winter Storm Juno – a blizzard that swept through the Northeast during the last week of January and brought record and near-record snowfalls and high winds – has resulted in relatively few insurance claims so far, according to industry participants. …
New York and Massachusetts in January became the latest states to enact laws to prohibit improper use of certificates of insurance. On Jan. 28, New York Gov. Andrew Cuomo signed into law a bill (A.9590/S.6545-A) that would standardize the practice …
A Connecticut state lawmaker is introducing legislation that would bar insurance companies from inquiring about or discriminating against a “bully breed” dog when issuing a homeowners’ insurance policy in Connecticut. Republican Rep. Brenda Kupchick of Fairfield said constituents have difficulty …
Jumping the Uber Gun “We jumped the gun, and we shouldn’t have.” —Jean Shiomoto, director of the Department of Motor Vehicles in Sacramento, Calif., said in a Jan. 23 statement that the agency is rescinding a notice that said private …
Like all businesses today, the nonprofit sector is struggling to understand how to handle the growing concern of cyber risk in their organizations. Cyber and privacy coverage is the new employment practices liability, says Steve Parkhurst, producer for Heffernan Insurance …
It is a brand new year, and for many people that means the promise and potential of resolutions, goals and aspirations. This is the time to plan, to dream, to improve. This can be said for individuals looking to shed …
In today’s digital world of constant communication through methods like email, texting and social media, consumers expect 24/7 access to everyone, including their insurance agent. And while this access can increase business for agents, it can also create exposures if …
