A Dade County, Florida real estate developer in January 2008 filed a $25 million lawsuit against a real estate blogger alleging, among other charges, defamation of character based on the blogger’s opinion published solely on his blog (MiamiCondo Investments). Hollo …
Taxpayers In At Least 20 States Could Face Multi-Billion Dollar Tax Burden Natural catastrophe legislation passed by the U.S. House of Representatives and pending in the U.S. Senate would create a multi-billion dollar burden on taxpayers in at least 20 …
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. Insurance Intermediary E&O Market Detail: Quadrant Insurance Managers makes available a professional liability program designed …
Maryland’s IWIF Workers’ Compensation Insurance recently formed a strategic business team to support its public entity and direct business, which includes approximately 7,400 accounts. The 22-member strategic business team will service municipalities, counties, volunteer fire departments, housing authorities, various affiliated …
Progressive Insurance is introducing its optional car insurance program in Maryland that offers lower rates on vehicles that are driven in less risky ways. The behavior-based insurance program, called MyRate, gives drivers a customized rate based on how, how much, …
Manhasset, New York-based NIF Property Solutions, a division of NIF Group, Inc., said it will act as the exclusive underwriter of a new product for property risks in 14 East and Gulf Coast states. The product is being offered in …
The Maryland Court of Appeals has ruled that drug manufacturer Eli Lilly was not liable for a fatal accident caused by a user of one of its diabetes drugs who blacked out while driving and crashed into another vehicle. Ellen …
Selective Insurance Co. announced that Laurie A. Slader has been appointed assistant vice president for actuarial reserving and Jacqueline B. White is now assistant vice president, commercial small business leader. Slader joined New Jersey-based Selective in January 2006 as an …
CRC Insurance Services Inc., the wholesale insurance subsidiary of BB&T Corp., reports it has completed a purchase of Southern Risk Operations LLC. Sumter, S.C.-based Southern Risk is an excess and surplus (E&S) insurance broker that specializes in high-risk personal and …
Maryland’s private auto insurance industry is objecting to a proposal by the state’s insurer of last resort to lower rates as gasoline and food prices rise. At a hearing in Baltimore on Friday, industry representatives told Insurance Commissioner Ralph Tyler …
