Steven Cote initially entered the insurance business because of a neighbor, and now as president of Chalmers Insurance Group, he aims to ensure the agency always gives back to its neighboring communities. “Understanding the hard work, collaboration and innovative spirit …
Operating commercial vehicles, whether as a single driver or the owner of a fleet, carries with it significant liability. And, risks are only increasing. The commercial automobile insurance line has been a loss leader since 2011. AM Best estimates that …
One of five core values that guide the operations of DSP Insurance Services in Schaumburg, Ill., states: “We will respect and support all employees.” The agency also pledges that it will “treat our employees as our most valuable resource and …
In the past two columns, we examined eight legal and contractual principles nonlawyers can use to resolve most claim disputes without litigation. In this month’s column, we’ll wrap up this discussion with nine other principles. Entirety of Contract By now, …
Workers’ compensation medical costs vary widely among the states both in terms of price and how often services are used. The differences appear to relate closely to which cost-drivers each state legislature tried to control and which were overlooked, according …
The nine confirmed tornadoes that hit the Dallas, Texas-area late on Sunday, Oct. 20 have caused an estimated $2 billion in damage, an insurer trade group says, making it the costliest tornado loss in Texas history. The Insurance Council of …
The number of roadway fatalities has risen in Texas’ oil and gas production areas, state transportation officials say. Nearly half of all traffic deaths in the state now occur in energy producing locales, according to the Texas Department of Transportation …
More than 7 million Texans live in Texas coastal areas that are vulnerable to hurricanes, according to an insurance industry-backed research and communications organization. A survey of cities and counties along the Texas coastline conducted by the Insurance Institute for …
The Western District of the Missouri Court of Appeals recently issued opinions that effectively strip any practical effect from a Missouri amendment made to provide certain protections to insurers. In Aguilar v. GEICO Cas. Co., the court upheld a trial …
A Miami university bridge that collapsed and killed six people last year showed design errors and should have been more carefully monitored by the state government because of the project’s complexity, federal officials said. The National Transportation Safety Board members …
