Maine News

Manufacturers’ Liability

Nuts & Bolts: Kansas City-based underwriting manager and claims administrator Euclid Managers LLC launched ProtoType, an insurance product for manufacturers. The product features errors and omissions, Web site protection, security coverage, copyright and trademark infringement, defamation, privacy and other personal …

GMAC Insurance Study: Some 20 Million Drivers are Potential Accidents Waiting to Happen

Results of a study released Thursday suggest that millions of Americans lack basic knowledge of rules of the road and safe automobile operation. In fact, the study shows that if tested today, one in 10 drivers – nearly 20 million …

NAMIC: Statutory Remedies to Curb Fraud Abuse Spreading Across U.S.

To combat insurance fraud that costs consumers an average of $200-300 per year, 40 states have established entities responsible for oversight of related investigations and prosecution efforts, according to an analysis by the National Association of Mutual Insurance Companies (NAMIC). …

CPCU Society Looking at IMSA-Type Body

The property/casualty insurance industry’s leading educational society is weighing what role to play in helping the industry restore its image after months of charges about bid-rigging and contingent commissions. A presidential task force of the Society of Chartered Property/casualty Underwriters …

Lojack for Motorcycles Addresses Growing Risk

With summer right around the bend, motorcycle enthusiasts across the nation are gearing up to hit the road. In recent years, the popularity of motorcycle riding has risen to a zenith rivaling that of the Easy Rider days of the …

‘Miss Piggy,’ Hurricane Center Forecasters Visit South Carolina, Florida

Charleston, S.C., and Jacksonville, Fla., were two of five cities the National Oceanic and Atmospheric Administration, National Hurricane Center forecasters and NOAA Aircraft Operations Center crew visited during a May 2-6 five-day educational mission. Other cities on the route included: …

GOV. DECLARES HURRICANE PREPAREDNESS WEEK

Gov. Mike Easley proclaimed last week (May 15-21) Hurricane Pre-paredness Week, just as a new survey of residents from Florida to Maine shows that people are unconcerned and not worried about preparing for the hurricane season. Easley wants North Carolinians …

State Laws Vary on Driving Distractions

New Hampshire is the only state that doesn’t require adult motorists to wear seat belts, but it does ticket drivers for eating, drinking, talking on a cell phone or fussing with their makeup while behind the wheel. The state whose …

Lojack for Motorcycles Addresses Growing Risk

With summer right around the bend, motorcycle enthusiasts across the nation are gearing up to hit the road. In recent years, the popularity of motorcycle riding has risen to a zenith rivaling that of the Easy Rider days of the …

Compromise Plan on Ore. Malpractice Damages Drawing Concerns

After months of talks by doctors, attorneys and legislators, a compromise plan on limited court damages to medical negligence victims may have emerged. But the proposal, which is getting an airing in the state Senate, is still facing criticism from …