Insurance agents and carriers are reporting progress in their efforts to modify a proposed federal financial services regulation bill passed by the Senate Banking Committee, while risk managers have extended their support to the legislation. Lobbyists for the Independent Insurance …
21st Century Holding Co. has agreed to acquire HomeWise Insurance Co. and HomeWise Management Co. from HomeWise Holdings Inc. The agreement also includes renewal rights to certain insurance policies from HomeWise Preferred Insurance Co. Terms of the proposed transaction were …
Insurers Monitoring Defects, Claims Tied to Green Building Products and Designs From wind turbines and fuel cells to vegetative roofs and bamboo surfaces, innovative green construction materials are showing up everywhere. A number of insurers are on board with new …
In response to the trend towards use of more energy efficient and environmentally friendly “green” products and materials, The Mutual Service Office, Inc. (MSO) has introduced a green upgrade supplemental coverage endorsement for its commercial property program. Highlights of the …
The father of a firefighter who died in a 2007 furniture store blaze that killed nine firefighters says families will meet with state fire investigators next week to discuss whether criminal negligence was involved in the deaths. “We want justice, …
Online crime complaints increased substantially once again last year, with the number of fraud complaints jumping 22.3 percent and total losses linked to online fraud reaching almost $560 million. That’s according to the Internet Crime Complaint Center, a partnership between …
Having flood insurance will be increasingly important this year as spring rain combines in many parts of the U.S. with the melting of record snowfall, according to the Insurance Information Institute. “Many states on the Atlantic seaboard were hit with …
A complex federal study of a fire that killed nine South Carolina firefighters, already delayed by months, is still months from completion, authorities said. The National Institute of Standards and Technology in Gaithersburg, Md., is studying the June 18, 2007, …
Ohio Casualty, a Liberty Mutual Agency Markets regional company, has introduced its comprehensive online Agent Learning Center for its appointed agencies. Ohio Casualty appointed agents can now register for classroom workshops and participate in virtual or self-paced online programs, many …
$285 Million Amount sought in a lawsuit filed by the wife of a Bronx, New York man who was fatally shot by a police officer while defending his stepdaughter. The suit names the city and Officer Michael Falcione. Sandra Rodriguez …
