April 9, 2007
A New Jersey appeals court recently ruled that while an insurer is freed from providing liability coverage when an insured commits sexual assault on a young child, the insurer could have an obligation when the insured attacker is a minor. …
April 9, 2007
After her car accident, Sarah Capps suffered from a sore shoulder and back. What she thought were common pains turned out to be six herniated discs. Were it not for the protective medical coverage that every Florida car insurance holder …
April 9, 2007
U.S. Senator Trent Lott, R- Miss., wants to require insurers to disclose property insurance coverage and noncoverage in plain language on the front page of each homeowner’s policy and has introduced a bill giving the Federal Trade Commission enforcement authority …
April 9, 2007
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 …
April 9, 2007
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 …
April 9, 2007
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 …
April 9, 2007
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. …
April 9, 2007
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 …
April 9, 2007
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 …
April 9, 2007
Virginia Gov. Timothy M. Kaine has proposed $3 billion in borrowing for transportation projects, one-fifth more than Republican legislators sought, using existing taxes on car insurance premiums to pay off debt. Kaine, a Democrat, also left intact regional transportation provisions …