Currents

A year past Katrina: What has been learned?

Peak hurricane season has arrived. Despite this season’s slow start, people who live along the coast are constantly aware that the next big storm could take shape at any time. This year, however, everyone is also looking back at one …

Oh, deer … it’s that season

According to claims information from Erie Insurance, one in every 100 drivers nationally is likely to have a collision with a deer. The Insurance Institute for Highway Safety estimates that deer-vehicle crashes rack up $1.1 billion in property damages, tens …

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 …

Declarations

Skip Free Advice “Seniors should be wary of unsolicited offers of free advice, especially if they are asked to divulge personal financial information, such as listing their income and assets.” Comment made by Illinois Attorney General Lisa Madigan when she …

Agents signing up for Florida’s new small business JUA

Florida’s residual market for commercial insurance began providing coverage for small businesses on Sept. 15. More than 60 agents had signed up online for the program within hours of the official signing of a contract with a servicing carrier, according …

Cutting the fat in state regulation

Are we doing things we really should be doing from a regulatory standpoint to cut the cost of regulation? asked Property Casualty Insurers Association of America President and CEO Ernie Csiszar during the International Insurance Society’s 42 Annual Seminar in …

Slavery Reparations Federal Cases to be Heard in Chicago Courtroom

Oral arguments in the landmark slavery reparations cases against corporations will take place on Sept. 27, 2006, 9:30 a.m., in the 7th Circuit Court of Appeals, at 219 South Dearborn St. in Chicago, Ill. The cases were filed by plaintiffs …

Fla. sinkhole law could mean premium savings for some

Residential property owners in Florida could potentially save from 4 to 14 percent on the sinkhole portion of their home insurance premium due to changes in coverage enacted earlier this year. However, because the sinkhole provision is a limited portion …

Most Americans favor mitigation policies while opposing subsidies for high risks

Most Americans favor public policies that could help to mitigate the damage caused by catastrophic natural disasters before they happen, but many Americans remain unprepared for a disaster in their own homes and communities. Nine out of 10 adult Americans …

It Figures

6,000 The number of personal and commercial policyholders along the Texas coast expected to be affected by State Farm Insur-ance Company decision to stop renewing policies for properties within 2,500 feet of coastal waters or bays, on barrier islands or …

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