Florida officials have developed a system to rate homes on their ability to withstand wind damage. The rating system — created in response to recent legislation and named the Home Structure Rating System — scores homes on a scale of …
Security breaches are becoming more frequent as businesses increasingly rely on technology to store and transfer assets and sensitive information. With each security breach, there is the risk that a lawsuit or regulatory action could damage a company’s reputation and …
Several Alabama teachers testified in support of Gov. Bob Riley’s “Teacher Protection Act” recently when a Senate committee held a public hearing on the bill. The Teacher Protection Act would provide teachers with professional liability insurance. This insurance would provide …
Florists’ Mutual Insurance Company (Hortica), an Illinois-based provider of employee benefits and insurance to companies in the horticultural industry, reported that a locked shipping case containing magnetic backup tapes cannot be located. Hortica believes that the backup tapes contained personal …
The men and women who usually have a sympathetic ear for customers will be on extra alert for drinkers who drive. The nonprofit Foundation For Alcohol Responsibility has selected Harrisonburg, Va., and its bartenders, as the first to test what …
A Florida report on the use of occupation and education in underwriting and rating auto insurance asserts that while the practices “unintentionally harm minorities and low-income individuals,” they are nonetheless legal. “Let me be perfectly clear — this practice is …
Ohio-based State Automobile Mutual Insurance Co. has completed the purchase of the Beacon Insurance Group of Wichita Falls, Texas. With the acquisition, Texas becomes State Auto’s 29th state of operation, according to a recent company statement. Beacon writes approximately $50 …
Pet owners are not likely to get much compensation if they individually sue pet food-maker Menu Foods over the death of a dog or cat, although they might fare better if they joined in a class action suit, experts say. …
In approving workers’ compensation benefits for the family of deceased Florida resident Howard King, the Georgia Supreme Court cited a doctrine of “continuous employment” in its 4-3 decision, voiding two previous rulings. The State Board of Workers’ Compensation affirmed the …
The request was simple enough: Lloyd’s underwriters had been approached to insure the movement of seven paintings, including one by Cezanne, from Russia to London for valuation and sale. So Lloyd’s contacted the Art Loss Register, a small private company …
