Delaware News

New Markets

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. Entertainment Specialists Market Detail: L.A.Xcess Insurance Brokers Inc. offers a market for entertainment and live …

It Figures

5.4% The workers’ compensation loss cost reduction approved for Maryland workers’ compensation carriers effective Jan. 1, 2009, thanks to a continued decline in frequency of claims. The decrease represents about $37 million in savings. $6.6 Million Value of settlement between …

Why Agents Need to Know If Their Clients Blog

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 …

Blogs Can Get Insurance Clients ‘SLAPP’ed

A Dade County, Florida real estate developer in January 2008 filed a $25 million lawsuit against a real estate blogger alleging, among other charges, defamation of character based on the blogger’s opinion published solely on his blog (MiamiCondo Investments). Hollo …

Blogs Can Get Insurance Clients ‘SLAPP’ed

A Dade County, Florida real estate developer in January 2008 filed a $25 million lawsuit against a real estate blogger alleging, among other charges, defamation of character based on the blogger’s opinion published solely on his blog (MiamiCondo Investments). Hollo …

New Markets

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 …

AIG Board Accused of Mismanagement by Pension Fund

A public pension fund has sued the chief executive and board of American International Group Inc, accusing them of mismanagement and “grossly imprudent risk taking” that led to the insurer’s $85 billion government rescue this week. The lawsuit was brought …

238 Charged for DUI at Delaware Checkpoints Since June

Delaware’s Office of Highway Safety says 238 people have been charged with DUI since July at checkpoints across the state. On June 27, the state began enforcing DUI laws in a campaign scheduled to end after New Year’s Eve. Every …

Proposals Aim to Make New Jersey More Corporate-Friendly

Meeting for the first time since the summer recess, the New Jersey Assembly Commerce and Economic Development Committee this week debated several bills proposing reforms in the way corporations conduct business. The seven-bill package, sponsored by Assemblyman Patrick Diegnan, D-Middlesex, …

Bank Insurance Brokerage Earnings Break Highest Mid-Year Level

Mid-year earnings from bank insurance brokerage hit their highest level ever in the first half of 2008. Bank insurance brokerage earnings in the first six months of 2008 were $2.12 billion, up 6.4 percent from $1.99 billion in the first …