America’s legal system imposes an economic cost of more than $865 billion every year, or more than $9,800 per family, according to a new study released by the Pacific Research Institute (PRI), a free-market think tank based in San Francisco. …
BHC Marketing, an independent national insurance marketing organization, has announced that it will establish a new Midwest regional office in Carmel, Ind. The office will create 20 jobs in Central Indiana. BHC Marketing, headquartered in The Woodlands,Texas, markets annuities and …
Community Banks Nuts & Bolts: Progressive Casualty Insurance Co. has added a new coverage to its American Bankers Association-sponsored Financial Institution Program. The new coverage, Privacy Liability and Mitigation Expense, is designed to address banks’ liability arising from unauthorized access …
Social Service Organizations Nuts & Bolts: Riverport Insurance Co. provides property, general liability, professional liability, automobile, crime, and excess liability coverages for social service and nonprofit organizations with flexible premium payment plans. Riverport is a Berkley company. Limits vary. Carrier: …
Lawsuit reform bills advance in Okla. Senate The Oklahoma Senate recently passed three key lawsuit reform measures, according to a Senate announcement. Senate Republican leaders said they are negotiating with Senate Democrats and leaders of the House of Representatives to …
Last year Monster.com had 22.5 million people post resumes on its Web site. Lockheed Martin claims that 50,000 applicants a month post resumes on its Web site. Microsoft boasts that 80,000 individuals place resumes on its site each month. By …
Restaurant chain Cracker Barrel is suing two of its insurance carriers, claiming they did not reimburse the company after it settled sexual and racial harassment claims for $2 million. The lawsuit filed last week in U.S. District Court in Nashville …
Community Banks Nuts & Bolts: Progressive Casualty Insurance Co. has added a new coverage to its American Bankers Association-sponsored Financial Institution Program. The new coverage, Privacy Liability and Mitigation Expense, is designed to address banks’ liability arising from unauthorized access …
U.S. Sen. Trent Lott, R-Miss., who sued State Farm Fire and Casualty Co. for refusing to cover Hurricane Katrina’s damage to his Gulf Coast home, said last week that he is weighing a settlement offer from the company but hasn’t …
Preferred Professional Insurance Co., an Omaha-based medical liability insurance firm, announced the addition of Denise A. Hill, as vice president, general counsel and corporate compliance officer. In her new capacity, Hill will lead PPIC’s federal, state, and local regulatory compliance …
