January 27, 2014
The oil drilling technique known as hydraulic fracturing, or fracking, has been blamed – rightly or wrongly – for various hazards ranging from earthquakes to water pollution. While the technique has generated a lot of media attention, so far there …
January 27, 2014
The Trend Is Expected to Continue The excess and surplus lines insurance industry was in a good place last year, characterized by a stable market and moderate growth, according to one executive who is bullish on the sector. “I think …
January 27, 2014
A panel studying methods to assess property loss incurred as a result of wind versus water forces along the Texas coast expects to have the first of four study components ready for consideration in February. The mission of the Texas …
January 23, 2014
Fraud Schemes Depend on Opportunity, Incentive, Rationalization It may come as a surprise to some that the typical fraudster in the workplace is not the bad-attitude ne’er-do-well that slinks off into the corner when faced with new responsibilities and additional …
January 13, 2014
Schemes Depend on Opportunity, Incentive, Rationalization It may come as a surprise to some that the typical fraudster in the workplace is not the bad-attitude ne’er-do-well that slinks off into the corner when faced with new responsibilities and additional tasks. …
January 13, 2014
Most occupational frauds are discovered by an anonymous tip, experts say, and fraud reporting mechanisms such as hotlines are encouraged as effective means of uncovering and discouraging employee fraud. The Association of Certified Fraud Examiners (ACFE) recommends that hotlines should …
January 10, 2014
A panel studying methods to assess property loss incurred as a result of wind versus water forces along the Texas coast expects to have the first of four study components ready for consideration next month. The mission of the Texas …
December 16, 2013
Texas’ insurer of last resort in coastal areas has denied allegations that a culture of racism has existed within the organization. Responding to claims by a Houston-based trial lawyer that employees of the Texas Windstorm Insurance Association often used racist …
December 3, 2013
The main difference between livestock, or equine, mortality insurance and human life insurance is that a livestock owner, subject to certain conditions, may sometimes euthanize the animal and still collect policy proceeds, according to an attorney whose practice includes a …
December 2, 2013
The primary windstorm insurer for Texas coastal properties won’t be raising limits of liability next year for property it covers. Insurance Commissioner Julia Rathgeber has denied a request by the Texas Windstorm Insurance Association to raise the limits on both …