News and information for property & casualty insurance agents & brokers on personal lines insurance, including homeowners insurance, flood insurance, earthquake insurance, renters insurance, automobile insurance, life insurance, disability insurance, umbrella insurance and health insurance.
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A California appeals court has upheld the California law that prohibits temporary services employers and leasing employers from self-insuring their workers compensation liability even though other employers are permitted to self-insure.
A California appeals court has upheld the California law that prohibits temporary services employers and leasing employers from self-insuring their workers compensation liability even though other employers are permitted to self-insure.
A federal district court in New York has granted an insurance brokers motion to dismiss breach of contract, negligence, and consumer protection law claims by a commercial property owner that alleged that its property had been damaged by Superstorm Sandy.
Price optimization refers to an insurers practice of varying premiums based upon factors that are unrelated to risk of loss in order to charge each insured the highest price that the market will bear.
Andy Lee House, a 39-year-old Lufkin, Texas, man, has pleaded guilty to wire mail fraud in the U.S. District Court for the Eastern District of Texas after driving his Bugatti into the Gulf Bay.
Tower Group International, Ltd. has filed a Form 8-K stating that, on May 20, the Massachusetts Department of Insurance entered an amended order of administrative supervision with respect to Tower subsidiaries.