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: …
Information technology companies may explore the new frontier everyday, but do they know where their exposures lie? Will they be ready for the next big liability risk close encounter? “Owners and or creators of IT companies are inherently creative and …
After searching for nearly two years for a company that would offer life insurance to Kansas Army National Guard troops, the Guard is now considering three potential options. The Legislature is trying to correct an inequality in benefits paid to …
The Missouri Department of Insurance, Financial Institutions & Professional Registration announced that Larry McCord has been named the new deputy director and general counsel. McCord has served as a unit manager for DST Systems, Inc., financial analyst for Sprint, corporate …
Novato, Calif.-based Fireman’s Fund Insurance Co. has launched a new optional endorsement available to Prestige Excess policyholders, increasing liability coverage for directors and officers of nonprofit organizations with limits up to $10 million. The endorsement protects policyholders who serve on …
A Chicago woman sued Menu Foods this week, alleging the pet food manufacturer delayed announcing a recall of 60 million containers of dog and cat food despite knowing its products were contaminated and potentially deadly. Dawn Majerczyk, 43, said her …
Kansas Democratic Gov. Kathleen Sebelius said Monday that the Republican-dominated Legislature is moving too slowly on health care issues, but GOP leaders argued they’re making some progress on market-based reforms. Sebelius criticized legislators most for not embracing her $4 million …
Many current Congressional health care proposals could significantly reduce the number of uninsured Americans and also decrease overall health care expenditures including those for insurance administration and prescription drugs. That is the conclusion eraxched in an analysis of health reform …
Attorneys for a group of homeowners said they will continue the fight after a federal judge dismissed their lawsuits charging some of the nation’s largest insurers with discriminating against black neighborhoods. U.S District Judge Fernando Gaitan Jr. threw out the …
