You May Not Know What You Think You Know About Flood Insurance Claims The Fifth Circuit has held that insureds have a duty to read and understand the terms of their SFIP. Whether you are an attorney, an insurance agent, …
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. Fire Protection Contractors Market Detail: McNeil & Co. brings agents the FireWatch Program. This is …
Standard & Poor’s Ratings Services has lowered its counterparty credit and financial strength ratings on Customer Asset Protection Co. (CAPCO) to ‘B-‘ from ‘BB’. S&P has also removed the ratings from CreditWatch, where they had been placed with negative implications …
Westminster American Insurance Co. of Maryland has named Craig Heuman as marketing director. Heuman has over 30 years of experience as a production underwriter for Harford Mutual Insurance Co. He is responsible for developing business in Maryland, Pennsylvania and Washington, …
The Price of Defeat “This type of public nuisance litigation is not cost free.” —Charles Moellenberg Jr., a lawyer for Sherwin-Williams, which was among the three paint companies last month to win a $242,000 judgment against the state of Rhode …
$25.2 Billion Amount U.S. property/casualty insurers expect to pay homeowners and businesses for 2008 property losses from 37 catastrophes — the fourth highest cost in a decade and the highest frequency in a decade, according to preliminary analysis by ISO’s …
Advising Clients on Specific Dollar Values of Coverages They Need to Consider May Create Unnecessary Exposures There have been an increasing number of lawsuits brought against agents in situations where the client/policyholder does not have sufficient liability coverage limits to …
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. High-Value Homeowners’ Protection Market Detail: Irwin Siegel Agency Inc. brings agents access to AIG’s Private …
A Baltimore woman says when she ordered an iced tea at a local McDonald’s restaurant last year, employees gave her a cup containing a cleaning chemical. Caryl Jones has filed a $100,000 lawsuit in Baltimore City Circuit Court. The lawsuit …
The U.S. Department of Justice says Maryland must soon implement a national computer system that warns buyers if a vehicle was stolen or previously damaged. Officials say the National Motor Vehicle Title Information System is a big advance in preventing …
