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1 Aug 2012, 2:17 pm by admin
  Even if it is clearly established that the vehicle was being operated without the permission of the owner, the owner may still be held liable if he or she left the vehicle unattended with the key in the ignition and the engine running. [read post]
5 Jun 2014, 5:00 am by Christopher Hoffmann
Some policy owners may exclude an employee from driving the personal car of the employer for business as it may be covered under the business’ liability coverage. [read post]
3 Mar 2015, 3:50 am by Chip Merlin
The owners of these firms often make multi-millions of dollars following catastrophes. [read post]
25 Oct 2011, 7:00 am
In The Advantages of Strategic Advisory Boards For Agency Owners insurance agencies expert witness Andres Barile, MBA, CPCU, writes: Interviewing underwriters for your managing general agency – The objectivity of the strategic advisory director makes him suitable for the decision-making process in new hires for your managing general agency. [read post]
9 Jan 2021, 7:30 am by Rania Combs
Drafted property, an ILIT will serve as both the owner and the beneficiary of an insurance policy. [read post]
17 Aug 2023, 7:30 am by Rania Combs
Drafted property, an ILIT will serve as both the owner and the beneficiary of an insurance policy. [read post]
30 Oct 2012, 5:13 am by Denise Sze
The events of the last week and the week to come should have all home and business owners seriously considering flood insurance if they don’t already have flood coverage. [read post]
5 Oct 2011, 7:00 am
In The Advantages of Strategic Advisory Boards For Agency Owners insurance agencies expert witness Andres Barile, MBA, CPCU, writes: Agency Growth Employment agreements for agency producers – In your agency, you have approached a competing producer trying to persuade her to leave her present position and join your fast growing retail agency. [read post]
22 Apr 2010, 10:59 am
Insurance companies are gearing up to recover losses from Toyota on claims insurers paid for accidents caused by defective vehicles, the Associated Press reported. [read post]
5 Sep 2017, 1:11 pm by William K. Berenson
As car owners begin to review their policies, some might get an unwelcome surprise. [read post]
3 Jan 2020, 7:58 am by Jim Slaughter
For example, one of our associations pays the premium insuring all 200 units each year. [read post]
11 Jul 2016, 6:16 am
We'll circle back to that momentarily]The article quotes  Loretta Worters, spokesperson for the Insurance Information Institute, who observes that "[t]he problem from a life insurance underwriter’s point of view is that, unlike tobacco, there isn’t a lot of data available to assess the risks of coverage for marijuana users"But this begs the question, since there's no indication that Mr Peterson used pot, either in the past or currently.So I… [read post]
9 Aug 2023, 4:28 am by Erica Canas
Business Owners Policysome providers offer a Business Owners Policy to businesses, which combines general liability, business property, and business interruption coverages at a lower rate median cost of $500/year with policy limits of $1M/occurrence with a $500 deductible5. [read post]
1 Jun 2021, 1:21 pm by skelly
An “eligible” captive insurer is defined by the new law as: a wholly owned subsidiary of a corporation or partnership that insures the risks of its owner, and/or the owner’s affiliates; one or more of the insured entities maintains a principal place of business in Washington; the captive’s assets exceed its liabilities by at least $1 million; and the captive maintains a captive license in its domiciliary jurisdiction. [read post]
15 Mar 2013, 2:18 pm by ADaigle
HB 1225 is geared at making insurance policies easier to read, as they must be written at no more than a 10th grade reading level. [read post]
17 Mar 2020, 12:30 pm by Josephine Wolff
NotPetya, which was later attributed to the Russian government, exploited a vulnerability in the Microsoft Windows operating system to encrypt the contents of infected computers’ hard drives and demanded a ransom payment of roughly $300 worth of Bitcoin before it would turn the contents of the computers back over to their owners. [read post]
3 Oct 2011, 8:37 am
Under this program, property owners are issued flood insurance through the Federal Emergency Management Agency (FEMA). [read post]
31 Aug 2023, 1:13 pm by Chris Skelton
Thus, a policyholder might try to avoid taxes on the policy proceeds by making the beneficiary the owner of the policy if its terms permit this transfer. [read post]