Hawaii News

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Over the past decade, nearly two out of three victims in fatal car crashes involving 15- to 17-year-old drivers were the passengers of the teen drivers, occupants in other cars or pedestrians. A new report uncovers the wider tragedy of …

Closer Look: Insurance Associations

Editor’s note: This is the first article in a series on Western insurance associations. Part II of this article will appear in a future issue. As people migrate to the West to enjoy the weather and opportunities for outdoor activities, …

Case Law Watch

Bechtel Petroleum Operations Inc. v. The Continental Insurance Co. (California Court of Appeals, 2nd District, March 6, 2006) Ruling: At issue on this appeal was whether the insurers had a duty to defend lawsuits filed by workers and their family …

News Currents

Dam breaks on Kauai, strong winds, rain down 12 poles on Oahu An earthen dam on Hawaii’s island of Kauai burst without warning on March 14. Three people have been confirmed dead, and four remain missing at press time, after …

States addressing widening tragedy of teen driver deaths

A new report uncovers the wider tragedy of fatal car crashes involving teen drivers and is putting new impetus behind state efforts to limit passengers in teenagers’ cars. Over the past decade, nearly two out of three victims in fatal …

The pre-bindingdisclosure reveals the standard commission Zurich pays agents by type of policy and

outlines any contingency compensation arrangements. News Currents Zurich agents caught in compensation disclosure web Insurer agrees to nationwide compensation disclosure along with payments of $325 million in two settlements Independent agents representing Zurich Insurance in the U.S. will have to …

Supreme Court Blocks ‘Wasteful’ Class Actions by Stockholders

The Supreme Court has made it more difficult for investors to join forces to file high-stakes fraud lawsuits against companies. The 8-0 decision handed down on March 21 blocks state class-action lawsuits by stockholders who contend they were tricked into …

NAS Miscellaneous Medical Malpractice Insurance Sports New Features

NAS Insurance Services, Encino, Calif., has added new features to its Miscellaneous Medical Malpractice Insurance program, including deductibles as low as $1,000. The program features limits of $1million per claim/$3 million aggregate. It is also available in a combined program …

AIG’s Lexington Planning on Repeat of 2004, Not 2005

Mindful of the increased hurricane activity and rising coastal values, Lexington Insurance Group, the largest U.S.-based surplus insurance company, said it is assuming this year will look more like 2004 than 2005 as it goes about deciding where and what …

Argonaut’s Great Central Introduces New Businessowners Product

Great Central Insurance, a member of the Select Markets segment of San Antonio-based Argonaut Group Inc., announced an addition of a businessowners product to its portfolio of insurance products and services. Great Central offers its new, specialized business owners package, …