Back in the early years of insurance, some great sage recognized that insurance should not apply to damages for the intentional conduct of the insured. Thus, murderers cannot buy murderer’s liability insurance and homeowners cannot get coverage if they torch …
Back in the early years of insurance, some great sage recognized that insurance should not apply to damages for the intentional conduct of the insured. Thus, murderers cannot buy murderer’s liability insurance and homeowners cannot get coverage if they torch …
The Alliance of American Insurers praised House Financial Services Committee Chairman Michael Oxley (R-OH) for signaling his desire to make necessary compromises with the Senate to pass a terrorism insurance bill in Congress. Addressing the Institute of International Bankers earlier …
As of Feb. 12, a total of 21 states had introduced bills that would ban or restrict the use of credit-based insurance scoring according to the National Association of Independent Insurers. State legislatures considering various types of bills related to …
As of Feb. 12, 2002, 21 states have introduced bills that would ban or restrict the use of credit-based insurance scoring according to the National Association of Independent Insurers. On Feb. 13, the Minnesota House Insurance Committee held a hearing …
The South Dakota Senate defeated legislation earlier this week that would have eliminated the household exclusion from automobile insurance policies and created a new mandated coverage. The household exclusion prevents individuals within the same household from suing each other as …
Congressman Michael G. Oxley, chairman of the House Financial Services Committee, will address 800 independent insurance agents and brokers at the 26th Annual Independent Insurance Agents of America (IIAA) National Legislative Conference this spring. The 2002 IIAA legislative meeting will …
InsuranceNoodle has signed its 800th “NoodleNetwork” insurance agency partner to quote and bind small commercial insurance business using the e-broker’s proprietary web-based agency technology, and has been licensed in Wyoming, the 46th state in which it is selling small business …
According to a Jan. 7 Los Angeles Times article, California has refused to allow insurers to adopt terrorism exclusion language, a move which has already been by approximately 20 other states in the wake of Sept. 11. The Times quoted …
With the Senate not addressing the issue of federal terrorism reinsurance legislation before the end of the year, The Risk and Insurance Management Society Inc. (RIMS) expressed its disappointment. The Jan. 1 renewal date for most property/casualty policies required immediate …
