Generally there are two types of mortgage clauses contained within homeowner policies: (1) a standard mortgage clause; and, (2) an open form mortgage clause. Standard mortgage clauses specify that “the insurance with respect to the mortgagee shall not be invalidated …
Known as the “Math Geek Mardi Gras”, Pi Day is a growing international event that underscores the wonder of numbers, by celebrating everyone’s favorite irrational number: Pi. And it is a time to recognize that the insurance world is a …
General Motors Co. settled a lawsuit over the death of a 29-year-old woman that helped trigger the recall of 2.59 million cars with faulty ignition switches, lawyers for her family said. Brooke Melton, 29, died in a March 2010 crash …
A deadly oil well explosion in Texas’s Permian Basin this week offers a cautionary note of the industry’s challenges as companies cut costs during a market downturn. Even as deaths in the industry have climbed much less than the breakneck …
New Jersey residents still recovering from Superstorm Sandy would get individual estimates of when they can expect to receive rebuilding aid under legislation proposed by the state Senate president. Steve Sweeney says his bill is designed to increase transparency and …
Honda Motor Co., the carmaker at the center of an airbag safety crisis, is spending millions of dollars on its first U.S. advertising campaign linked to a recall. The company will urge owners to immediately replace potentially lethal airbags made …
Provides more options, flexibility and launches new platform Scottsdale, AZ, March 13, 2015 – Nautilus Insurance Group, comprised of Nautilus Insurance Company (“Nautilus”) and Great Divide Insurance Company (“Great Divide”), member companies of W. R. Berkley Corporation, has announced several …
The age old superstition about falling prey to bad luck on Friday the 13th does in fact ring true for some motorists according to data from Aviva, the UK’s largest insurer, released last summer. Analysis of 10 years of Aviva …
Efforts to clean up one of the nation’s busiest seaports after a collision between two vessels on the Houston Ship Channel spilled a flammable chemical were expected to take at least several days, U.S. Coast Guard officials said Tuesday. About …
The Washington state Senate has passed a bill to lower the age at which an injured worker can settle a claim from 53 to 40. The chamber passed Senate Bill 5513 on a 28-21 vote Tuesday after debate on whether …