Currents

Managing the rising tide of employment practiceslawsuits

The reality of today’s workplace is that a wide variety of employee grievances may escalate, almost without warning, into costly lawsuits. Any time an employee objects to a company employment practice that is perceived as unfair, an employment-related action may …

It Figures

25 An ongoing outbreak of E. coli linked to spinach has sickened 187 people in 26 states according to the latest figures from the Centers for Disease Control and Prevention. For more than a week, the Food and Drug Administration …

Finding a solution to natural disaster insurance

In 2005, our country faced several devastating and record-setting natural disasters, including 27 named hurricanes, which left the lives of many Americans in ruins. These disasters roiled the insurance marketplace and our overall economy. Estimates for 2005 hurricane losses are …

Safety ranking of the nation’s top10 cities

By The Associated Press Ranking of the nation’s 10 largest cities in order of crime rate per capita in 2005. The ranking does not take into account the severity of the reported crimes: 1. New York: one crime per 37.38 …

Finding a solution to natural disaster insurance

In 2005, our country faced several devastating and record-setting natural disasters that left the lives of many Americans in ruins, and roiled the insurance marketplace and the nation’s overall economy. Estimates for 2005 hurricane losses are approximately $50 billion, greatly …

Declarations

Boosting Clout “Minnesota’s on a disastrous collision course…obviously, I am a liberal.” Jim Deal, a 72-year-old Minnesota crop insurance company founder from Anoka County, comment as he decided to go big joining the ranks of major political donors. Angered by …

It Figures

$5.3 million The amount in refunds that the Florida Office of Insurance Regulation has ordered Universal Underwriters Insurance Co. to return to 526 commercial policyholders. According to Florida Insurance Commissioner Kevin McCarty, the premiums charged on hundreds of commercial policies …

Declarations

Commissioner challenge>/b> “The principal role is to make sure that the market works; that you have insurance products that are reasonably priced that provide the service that they’re purported to do with the policy; and that the company has the …

Terrorism insurance market hits federal radar

Two new federal reports have found that the long-term development of the private terrorism insurance market remains at best uncertain due to the unpredictable nature of terrorist attacks. Both reports acknowledged that a totally private market solution to insuring against …

Deer-vehicle collisions: Bucking the trend

There’s more than one way to bag a buck — or a doe. For motorists, that’s the costly and life threatening reality of driving on America’s roadways. Erie Insurance is one of the few insurance carriers that tracks deer collision …

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