Marine (Inland and Ocean) News

It Figures

$72.5 Million Class-action settlement paid by The Hartford over structured settlements in personal injury and worker’ compensation cases. The lawsuit, which covers 21,500 people, alleged The Hartford purchased annuities from its life insurance subsidiary and deducted as much as 15 …

Aging Gas Pipe at Risk of Explosion Nationwide

The tragic gas pipeline explosion in a San Francisco suburb has shed light on a problem usually kept underground: Communities have expanded over pipes built decades earlier when no one lived there. Utilities have been under pressure for years to …

Maine City: Golf Cart ‘Taxi’ Must Be Licensed, Carry Insurance

The City Council in Maine’s largest city has effectively put the kibosh on a young man’s golf cart transportation service on Peaks Island. Nineteen-year-old Matt Rand has offered rides in his golf cart in exchange for tips from people getting …

Road Tech

Technology — especially cell phones and texting technologies — gets a bad rap when it comes to safety while driving. Of course, it’s not the technology that’s unsafe — it’s people and their need to multi-task. While a number of …

Road Tech

Technology — especially cell phones and texting technologies — gets a bad rap when it comes to safety while driving. Of course, it’s not the technology that’s unsafe — it’s people and their need to multi-task. While a number of …

E&O Insights: Insuring Contractors

Risks to Consider When Working With Contractors If you are running an agency, there is a pretty good chance you insure a contractor or two – whether they are your traditional artisan contractors or a class of contractors that falls …

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. Contractors Preferred Program Market Detail: Tangram Consulting and Underwriting Services Contractors Preferred Program is a …

Business Moves

Liberty Mutual Liberty Mutual Group has reorganized its commercial property, casualty and specialty lines insurance units as well as claims and loss control services for the insurer’s national accounts and mid-sized business clients. The new distribution and service organization will …

2010: A Revolutionary Year for Truckers Insurance

The year 2010 might be considered revolutionary, as it is ushering in more changes for those who provide insurance for truckers than the industry has seen in a decade. Motor carriers, defined as anyone who uses a vehicle that has …

Study: Long Haul Truck Collisions Peak in July

A study by San Diego, Calif.-based DriveCam Inc., a global driver risk management company, shows that collisions and near collisions involving long haul trucks peak in July and remain high through the month of November. Collision rates are typically much …