Operations News

Declarations

Declarations Flood reforms “Flood insurance reforms are needed because, as we have seen, storms will become stronger and more intense, and we need a program that can contend with the worst that Mother Nature can throw at us. Simply put, …

The good, bad and the ugly on owner compensation

Let’s put all the cards on the table right now. The amount of money one makes is directly proportional to the perceived importance or success of the person taking the money home. Sure, we all know better and there are …

Declarations

They love it “Insurance companies love mediation.” — Louisiana Insurance Commissioner Jim Donelon, speaking before the state’s Senate Insurance Committee, added that mediation costs less than going to trial. Donelon is encouraging property insurers in his state to continue mediating …

Declarations

Funeral director’s scam “I didn’t try to deceive anyone out of their money, I was just trying to maintain my business.” — Kent Kellog, 51, a former Indiana funeral home director accused of cashing in policies totaling more than $100,000 …

Plaintiffs fail to prove racketeering by Marsh, insurers and brokers

Dismissal of corruption conspiracy charges follows earlier dismissal of antitrust complaint The same federal judge who early in September dismissed all federal antitrust charges against Marsh & McLennan Companies and a group of other brokers and insurers has now thrown …

8 N.J. still rates at the top

Competition helps but drivers still pay most 8 Maine cop hit by police car covered Court rules in the case of a stolen police car 8 N.Y. to issue illegal immigrants licenses Supporters see fewer uninsured motorists 10 Mass. warned …

Declarations

Flood reforms “Flood insurance reforms are needed because, as we have seen, storms will become stronger and more intense, and we need a program that can contend with the worst that Mother Nature can throw at us. Simply put, we …

News Currents

Plaintiffs fail to prove racketeering by Marsh, insurers and brokers Dismissal of corruption conspiracy charges follows earlier dismissal of antitrust complaint The same federal judge who early in September dismissed all federal antitrust charges against Marsh & McLennan Companies and …

State Fund severs ties with group administrator; issues update on audit

California’s State Compensa-tion Insurance Fund has terminated its relationship with Western Insurance Administrators and resumed its relationship with Shasta Builders’ Exchange. “I can confirm we don’t have a business relationship with Western Insurance Administrators any longer,” State Fund Spokeswoman Jennifer …

Declarations

Declarations Funeral director’s scam “I didn’t try to deceive anyone out of their money, I was just trying to maintain my business.” — Kent Kellog, 51, a former Indiana funeral home director accused of cashing in policies totaling more than …