| 1. | Workers' Compensation System’s 'Elephant in the Room'
Nov 29, 2011 -- The state-based workers' compensation system has evolved and survived for 100 years but it could face tough challenges in the coming years as the country struggles to dig itself out of the deep recession. The recession has caused an ... |
| 2. | Insurer Must Pay for Florida Rental Car Crash by Unauthorized Driver
Nov 28, 2011 -- A Florida rental car customer's auto insurer must cover crash injuries, even though the driver was someone not authorized under the rental car company's contact. In a 5-2 opinion on Nov. 23, the Florida Supreme Court overturned a district court ... |
| 3. | How to Compete for Personal Lines with the Direct Writers
Nov 28, 2011 -- Let's face facts. It's unlikely that any individual independent agency will ever "beat" the direct writers. They have massive marketing budgets, a strong online presence, great name recognition, and enjoy a reputation for being low in cost. ... |
| 4. | Allstate Drops North Carolina Homeowners Who Insure Autos Elsewhere
Nov 22, 2011 -- Some North Carolina residents who insure their residences through Allstate are finding themselves dropped by the company for refusing to bundle their home and auto coverage. Allstate Insurance Co. has informed 45,000 homeowners that it will ... |
| 5. | Can Claims Handling Cause an Errors & Omissions Claim?
Dec 1, 2011 -- The answer to the question posed in the headline is a definite "yes." This has actually developed into a significant issue for agents and is one of the current errors and omissions (E&O) hotspots agents must be aware of. It is currently ... |
| 6. | Property Insurance Rates on the Rise: Marsh
Dec 2, 2011 -- Nearly half of the U.S. property insurance policies renewed in the current quarter have been at higher prices, brokerage Marsh said on Friday, adding fuel to an industry turnaround after years of declining rates. Marsh said 48 percent of property ... |
| 7. | Tobey Maguire, Others Settle Over Poker Winnings
Nov 29, 2011 -- Tobey Maguire has decided to fold `em and settle a lawsuit over his winnings from a convicted con man during high-stakes Hollywood poker games. The "Spider-Man'' star agreed to pay $80,000 to settle the lawsuit filed over more than $311,000 he was ... |
| 8. | Texas Man Accused of Drowning $1.2M Sports Car for Insurance
Dec 2, 2011 -- The insurer of a $1.2 million sports car that plunged into a Galveston Bay lagoon two years ago says the owner deliberately drove into the marsh to collect on a $2.2 million insurance policy. No trial date has been set in the federal lawsuit that ... |
| 9. | Thai Flood May Hit Asia Harder Than Japan Disaster: Official
Nov 29, 2011 -- The impact from Thailand floods on Asia's production networks may last longer and be deeper than that from Japan's March earthquake, tsunami and nuclear crisis, a senior Asian Development Bank official said on Tuesday. Iwan Azis, head of ADB's ... |
| 10. | Montana Bicyclist Falls on Icy Trail, Gets Nearly $100K
Nov 30, 2011 -- A bicyclist who was injured when he hit a patch of ice and crashed on a pedestrian/bike path in Florence, Mont. last winter has reached an out-of-court settlement worth nearly $100,000. The president of the Florence Park District says he's ... |
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