June 15, 2015
The U.S. Drug Enforcement Administration (DEA) and federal prosecutors have made 280 arrests in what they call an “unprecedented enforcement action” against doctors, pharmacies and pill mills for alleged trafficking and abuse of prescription drugs. The 15-month operation, dubbed Operation …
June 15, 2015
A private corporation that runs the University of Central Florida’s athletic program won’t have to pay $10 million to the family of a football player who died during practice, the Florida Supreme Court ruled May 28. The court ruled UCF’s …
June 15, 2015
Florida Insurance Commissioner Kevin McCarty championed flexible state insurance regulation and warned against “one-size-fits-all” bank-like regulation for insurers in recent testimony before the U.S. Senate and House of Representatives in Washington, D.C., on both domestic and international insurance issues. McCarty …
June 15, 2015
Thousands of Americans have been working to prepare their homes and businesses for this year’s Atlantic hurricane season which began on June 1, so why isn’t Congress taking steps to get its own house in order? Members of Congress can’t …
June 15, 2015
To get on a job, contractors often have to show proof of insurance and name the individuals hiring them as additional insureds on the contractors’ commercial general liability (CGL) policies. By doing this, the individuals hiring the contractors hope that …
June 15, 2015
For the second consecutive year, medical malpractice payouts in 2014 increased over four percent from the previous year. After declining from 2003 through 2012, malpractice payouts started to rise in 2013 and continued to rise at a steady pace in …
June 15, 2015
Between 2010 and 2013, there were more than 900 data breaches of protected health information affecting at least 500 individuals, with most of them resulting from overt criminal activity, according to a study in the Journal of the American Medical …
June 15, 2015
ISO’s new coverage and exclusion options for commercial drones have gone into effect in most ISO jurisdictions. The options were designed to provide insurers with tools to help develop insurance programs for businesses that may use drones. The new options, …
June 15, 2015
To foster growth, property/casualty agency managers need to actively encourage their employees to achieve a desirable level of mutual trust and respect. In some offices there is a professional chasm between job positions and departments. Its depth varies by agency, …
June 15, 2015
A personal umbrella provides an additional layer of liability coverage above and beyond the liability limit in auto and homeowner policies. Coverage starts at $1 million and goes up from there. —Bill Gatewood, corporate vice president and director of personal …