An aviation firm that parks planes at an airport in New Jersey is not liable for damages to an aircraft struck by the car of sleeping driver, a state appeals court has ruled. The suit stemmed from a 2006 incident …
Massachusetts Attorney General Martha Coakley is proposing new regulations that she says will rein in sales and underwriting practices for auto insurers and agents in the state. The regulations come in response to a report issued by her office last …
Two trade groups for New York insurance agents are suing the state’s insurance regulator over new rules that will force them to reveal to clients how much they are paid for a particular transaction. The Independent Insurance Agents and Brokers …
New York insurance regulators have handed out some sizable fines in the last several months, including one for $360,000 to a large national insurer that mischarged auto insurance customers. Clarendon National Insurance paid the fine for violations of state insurance …
A lease agreement to buy insurance for a landlord trumps a state law that prohibits property owners from requiring tenants to indemnify landlords for their own negligence, Massachusetts highest court ruled. The decision centers on an appeal brought by Cummings …
A Connecticut court has ruled that Wells Fargo-owned insurance brokerage Acordia Inc. broke the law by failing to disclose it received contingent commissions from five insurers. At issue in the case was an internal marketing program within Acordia known as …
A lease agreement to buy insurance for a landlord trumps state law that prohibits property owners from requiring tenants to indemnify landlords for their own negligence, Massachusetts highest court ruled. The decision centers on an appeal brought by Cummings Properties, …
Health Care Reform Opens Doors for New Exposures and Markets Those in the business of providing liability coverage to doctors, nurses and other health care professionals, may have just found themselves in a perfect storm of opportunity. Health care reform …
When it comes to doing the right thing, our desires often get in the way. They cause us to veer down a crooked path that leads us away from what we should do to what we want to do. That’s …
Amid wind-whipped exhaust fumes and an early March cold front, Connecticut insurance agent Michael Gergler ducks inside the lobby of the Wardman Park hotel in Washington, D.C. and surveys the lobby where roughly 150 other insurance agents have gathered. It’s …
