September 22, 2008
As Losses Mount for Insurers, More Proposals for a National Solution Emerge Neither Gustav nor Ike walloped the property/casualty insurance industry the way Katrina did but there is still concern in insurance and reinsurance circles over the cumulative effect of …
September 22, 2008
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Insurance Intermediary E&O Market Detail: Quadrant Insurance Managers makes available a professional liability program designed …
September 22, 2008
Getting ‘SLAPP’ed: Individuals Blog at Their Own Risk; Exposure of Business Clients Depends on Policy Endorsements Blog-related personal injury suits have produced judgments ranging between $7,500 and $11.3 million. A Dade County, Florida real estate developer in January 2008 filed …
September 17, 2008
Insurers are not allowed to bring equitable subrogation actions premised on professional negligence against attorneys, the Colorado Court of Appeals has ruled. According to State Farm Fire and Casualty Co., as subrogee of Running Bear Homeowners Association v. Robert G. …
September 15, 2008
The former U.S. Forest Service employee who started the worst wildfire in Colorado’s recorded history testified she burned the letter blamed for igniting the blaze as a “symbolic gesture” of her failing marriage. Terry Lynn Barton took the stand in …
September 10, 2008
Wells Fargo Insurance Services Inc. has named David Carroll senior vice president and west region property practice leader, based in Redwood City, Calif., responsible for coordinating and managing property related risk management and insurance services in the West(Alaska, Arizona, California, …
September 8, 2008
Crump Insurance Services, part of Crump Group, an insurance wholesaler, has introduced a general liability program for subcontractors, both residential and commercial, for a broad range of classes. This program, offered through an “A-” XI- rated carrier under the ISO …
September 5, 2008
Colorado hurricane researchers are forecasting five tropical storms in the Atlantic in September, including four hurricanes, two of them major. Former Colorado State University climatologist William Gray said that would be nearly twice as busy as an average September. Gray …
September 1, 2008
SLSOT Celebrates its 20th Anniversary This Year Phil Ballinger, executive director of the Surplus Lines Stamping Office of Texas, knows a lot about rhythm. He was a drummer with the Van Wilks Band long before he joined SLOT, and while …
September 1, 2008
Apex Global, Benefit Partners Apex Global Partners Inc. acquired Benefit Partners and subsidiaries BP Life and Health Insurance Agency, Benefit Partners Financial Services, BP Risk Partners Insurance Agency and Benesystems. Apex Global said Benefit Partners and its subsidiaries together comprise …