The family of a woman killed when Comair Flight 5191 took off on the wrong runway at Blue Grass Airport in Lexington, Ky., and crashed in flames has sued the airline, blaming it for the country’s deadliest airplane disaster in …
Although most small business owners know they need property and casualty insurance for their premises, many don’t realize they need specialized insurance coverage to limit their losses from a disaster. Perhaps the biggest omission owners make when buying a commercial …
Nearly six in 10 large and mid-sized U.S. businesses obtained insurance to cover property terrorism risks during 2005, a dramatic increase from the 2003 average of 27 percent and up from 50 percent in 2004. A report from insurance firm …
Nearly 7,000 Alaskans will lose their earthquake insurance as their policies come up for renewal. Allstate Insurance Co. is cutting its optional earthquake coverage nationwide, and will drop this plan as policies come up for renewal, said Caitlin Gorand, spokeswoman …
The Arkansas Workers’ Compensation Commission recently updated mileage reimbursements for claimants and compensation rates for injured employees. The mileage reimbursement rate for claimants traveling to and from medical providers was raised, effective Sept. 1, 2006, to $0.39 per mile. The …
According to the Risk and Insurance Management Society Inc.’s Benchmark Survey, commercial insurance premiums were flat to slightly lower in the second quarter of this year compared to the prior year. The RIMS Benchmark Survey is a survey of current …
In a departure from their $850 million agreement prohibiting all contingent payments, New York officials have agreed to let Marsh & McLennan Cos. Inc. (MMC) accept contingent commissions from an insurer for which Marsh is operating as a managing general …
Frustrated businesses took their fight against illegal immigration to court in August, filing the first in a series of lawsuits accusing competitors of hiring illegal workers to achieve an unfair advantage. Anti-illegal immigration groups said the lawsuits were an attempt …
The system is not fixed yet. With that statement Texas Commissioner of Workers’ Compensation Albert Betts introduced his message to a crowd of insurance professionals attending the annual conference of the Southwestern Insurance Infor-mation Service, held in Dallas in June. …
On Aug. 15, 2006, a decision was handed down in the first post-Katrina insurance lawsuit to go to trial. Because there are thousands of lawsuits raising the same claims with millions, if not billions, of dollars at stake, this lawsuit …
