NIMA States Adopt New Scheme For Surplus Lines Tax Sharing - site.law360.com
24 May 2012, 7:33 pm
Law360, New York (May 24, 2012, 8:40 PM ET) -- States participating in the Nonadmitted Insurance Multistate Agreement have adopted the so-called Kentucky proposal, which allows the home states of insureds to collect and keep most surplus lines premium ...

Willis Publishes D&O Dictionary to Help Firms Navigate the Executive Risk Liability Landscape - Marketwatch
24 May 2012, 8:56 am
Insured exclusion found in a D&O policy. It precludes coverage for claims brought by the company or insured organization against other insureds. So the company itself can't sue its Directors or Officers and gain coverage for their defense or ...

Some Missouri Tornado Victims Frustrated with Payment Delays, Reductions - ClaimsJournal.com
24 May 2012, 2:22 am
His legislation also addresses contents claims issues where insureds have no inventory or where it has been destroyed. “They [insureds] also have to provide an itemized list of all their personal property, and justify the value, to receive ...

2 Insurers Receive Americas Insurance Awards - Insurance Networking News
23 May 2012, 10:01 am
Both leaders assumed their positions just as the financial crisis of 2008 began to break across the insurance landscape; roiling capital markets, impairing industry surplus and straining carriers and insureds alike, CIOP said. “While many insurance ...

The Americas Insurance Awards Honors Crawford & Company and Union Mutual of Vermont - Insurance News Net
23 May 2012, 8:50 am
and straining carriers and insureds alike. Over the last few years Mr. Bowman has staged a remarkable transformation of Crawford. While retaining its rightful heritage as the largest global independent provider of claims solutions, under Jeffrey Bowman 's ...

8 Things Independent Agents Can Learn from Sam Walton - Insurance Journal
20 May 2012, 6:55 pm
Personal umbrellas are an easy example as they appeal to existing insureds and new prospects. Customer loyalty. Loyalty starts at the top and works its way down. According to Sam, this is “because the way management treats the associates ...

Mongolia Growth Group Ltd. Agrees to Sell Shares of Mandal Gene - Bloomberg
16 May 2012, 11:43 am
The transaction is subject to regulatory approvals in Mongolia. "Insurance is a business predicated on shifting risks from insureds to insurance companies that are more capable of assuming those risks. Our partner's decision to invest their ...

Asheville area seniors see long-term health care rates skyrocket - Asheville Citizen-Times
13 May 2012, 11:11 am
These percentages are the overall change to the specific block of insureds of the subject filings. The actual percentage increase applicable to a specific insured can vary based on age. But for Woodfin residents Brenda and Allan Abrams ...

United States: As Life Is Not Eternal, Injunction Also Cannot Run Ad Infinitum - Mondaq
10 May 2012, 8:01 am
Clark, aged 81 years, brought class action alleging that the defendants, Nationwide Mutual Insurance Company and Nationwide Life Insurance Company, failed to make a determination as to whether their insureds are still alive; as a result, the defendants ...

RLI Marine to Pay Activation Fee on IRONwatch™ Equipment Anti-Theft Tracking Device for insureds - Yahoo Finance
7 May 2012, 2:52 pm
RLI Corp. (NYSE: RLI - News) announced that it will pay the theft activation fee for all of its RLI Marine policy holders who purchase and install an IRONwatch ™ equipment tracking device serviced by the National Equipment Register (NER).