August 28, 2007The Insurance Journal"U.S. consumers want insurance companies to more effectively communicate new products and services available to them, provide tailored policies and services to better meet their needs, and bring their customer experience up to par with other industries, according to a new consumer study..."
August 20, 2007The Insurance Journal"The Missouri Insurance Department recently announced steps it's taking to implement legislation signed by Gov. Matt Blunt, which allows for the formation of captive insurance companies to bring as much as $10 million to the state's revenue over the next three years..."
Publication Date: August 18, 2007Advisen -- PropertySource: St Petersburg Times"Newer homes suffered less damage than older homes, and their owners filed fewer insurance claims, when Hurricane Charley blasted through Charlotte County three years ago, a study released this week shows..."
Publication Date: August 17, 2007Advisen -- PropertySource: Dow Jones News Service (DJNS, "Broad Tape")By Lavonne Kuykendall of DOW JONES NEWSWIRES"CHICAGO (Dow Jones)--As the U.S. Gulf Coast prepares for the possible arrival of Hurricane Dean, residents and insurers appear to be in better shape now to withstand a big storm than they were in 2005, when three major storms hit the area..."
Publication Date: August 20, 2007Advisen -- CatastropheSource: Miami Herald"Hurricane Dean's fierce assault on Jamaica persisted overnight, causing considerable damage. Next in line: possibly the Caymans, then Mexico's Yucatn and Belize..."
Publication Date: August 14, 2007Advisen -- Insurance MarketSource: CFO"How long will the government subsidize the insurance industry now that terrorism policy rates have dropped by 50 percent?..."
Publication Date: August 15, 2007Advisen -- Insurance MarketSource: Tampa Tribune (FL) (KRT)"Aug. 15--WASHINGTON -- Tropical Storm Dean is the first real threat of the 2007 Atlantic hurricane season, and a reminder that Congress has been unable to agree on creating a national fund to help lower home insurance costs tied to hurricanes and other natural disasters..."
Publication Date: August 13, 2007Advisen -- Medical MalpracticeSource: US Fed NewsRajesh Swain"WASHINGTON, Aug. 13 -- Rep. Ron Paul, R-Texas, has introduced the Freedom From Unnecessary Litigation Act of 2007 (H.R. 3342), legislation that would 'amend the Internal Revenue Code of 1986 to allow individuals a credit against income tax for the cost of insurance against negative outcomes from surgery, including against malpractice of a physician'..."
Publication Date: August 13, 2007Advisen -- Risk ManagementSource: Computer Reseller News"As the middle of August is upon us, here on the East Coast thoughts of cookouts, vacations and barbecues shift toward a more ominous reality-namely hurricanes. While many of us worry about the impact those weather events may have on home and family-and some of us even prepare for the worst-the question remains, how many businesses are prepared for a disaster, weather-related or otherwise? Or, worse yet, think they're prepared when they really aren't?..."
Publication Date: August 12, 2007Advisen -- Risk ManagementSource: The Kiplinger California Letter"Liability waivers may not be enough to keep firms from being sued. The California Supreme Court has ruled that a recreation provider may be blamed for gross negligence, even if a visitor signs a paper waiving rights to file suit. Parents of a developmentally disabled girl were allowed to sue after she drowned in a pool during a summer camp run by the city of Santa Barbara, even though they signed such papers..."
Publication Date: August 3, 2007Advisen -- LiabilitySource: The Star Tribune (Minneapolis) (KRT)"MINNEAPOLIS _ Private contractors and the insurance companies that represent them could face hundreds of millions of dollars in legal claims arising from the collapse of the Interstate 35W bridge, attorneys familiar with such cases said Friday..."
